Replay Destinations has acquired real estate development parcels at The Phoenician, a luxury collection resort in Scottsdale.
The planned private residential community will sit at the foot of Camelback Mountain, overlooking the Phoenician Golf Club. Known as Ascent at The Phoenician, the project will become a legacy property in one of Arizona’s most celebrated locations, according to a press release.
Replay has acquired the development parcels from affiliates of Host Hotels & Resorts, Inc. , owner of The Phoenician, a luxury collection resort recognized among the world’s finest luxury resort destinations, the release said.
“Designed as a luxurious desert sanctuary in the heart of Scottsdale, Ascent at The Phoenician will offer buyers the rare opportunity to live at one of the region’s most prestigious addresses.
At this time when home is more important than ever, we have incorporated contemporary design, spacious indoor/outdoor living spaces, and private entrances in a world-class location to enjoy the beautiful desert,” said Replay Destinations Managing Director Gary Raymond in a prepared statement.
Ascent at The Phoenician will consist of approximately 195 properties, including condominiums at the base of Camelback Mountain and Ascent Golf Villas along the first fairway of the Phoenician Golf Club with a private pool and fitness amenity against Camelback Mountain, described the release.
Views will overlook the new Phoenician Golf Club and Camelback Mountain along with the “city lights of Scottsdale,” as home designs will feature contemporary architecture including natural materials, expansive windows and large outdoor living areas.
Reservations are accepted for the first release of luxury homes within the Ascent community for a limited collection of 30 golf villa homes on the first fairway of the new Phoenician Golf Club and adjacent to the golf clubhouse and new Phoenician Tavern Restaurant.
Two to three bedroom and den/office plans, ranging from $1,785,000, the Ascent Golf Villas offer private two-car garages with additional storage, detailed the release.
Replay’s development team for Ascent at The Phoenician, based in Phoenix, consists of local design team including Nelsen Partners, architecture and planning firm; Vallone Design, interior design firm specializing in residential and commercial projects; Floor Associates, a landscape architecture and planning firm; and bulthaup Scottsdale, which produces premium kitchens custom-made in Germany.
“Scottsdale, Arizona continues to be recognized as one of the most desirable areas in the U.S. to own a home and experience everything Scottsdale and the surrounding Phoenix area offers. We could not be more pleased to be creating a residential community in such a storied location,” said Paul Jorgensen, CEO of Replay Destinations in Vancouver, British Columbia, in a prepared statement.
“The market fits very well with our growing portfolio of destination real estate developments in sought after locations like Hawaii, Sonoma Wine Country, Cabo San Lucas and the Caribbean.”