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Ascent at the Phoenician® Sells $100 Million

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Golf Villas more than 90% sold and recently released Condominium Residences reaches $50 million in 8 weeks


SCOTTSDALE, ARIZONA – (December 17, 2021) – Ascent at The Phoenician® has now exceeded more than $100 million in sales of its Mountainside Residences and Golf Villas. Situated at the base of Camelback Mountain, overlooking The Phoenician® Golf Course and located adjacent to The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizona, the private, gated community of Ascent has become one of Arizona’s most coveted new luxury real estate offerings.

The Ascent Golf Villas are more than 90% sold with only two homes remaining. The Golf Villas include homes ranging from two-bedroom to three-bedroom plus den/office plans, extensive indoor-outdoor living, private two-car garages, and views of both the golf course and Camelback Mountain. Construction of the Golf Villas is expected to be completed in mid-2022. In addition, after just a few weeks, Ascent has sold more than $50 million of its Mountainside Condominiums with construction expected to begin in January, and to be completed in 2023. An intimate building of 40 luxury condominiums located on Camelback Mountain, Ascent’s Mountainside Residences consist of one-bedroom plus den, two-bedroom, two-bedroom plus den, and three bedroom plus den plans. Prices for the remaining residences range from $1.5 million up to $5 million.


These exclusive condominiums will enjoy a prime location adjacent to the Mountain Club, a private club for owners at Ascent that includes a private pool, fitness and movement rooms, social spaces and a demonstration kitchen for cooking classes and private chef experiences. Architecturally designed as a modern interpretation of the historic Jokake Inn on The Phoenician® resort grounds, the Mountain Club will be an intimate gathering place for connection, wellness, celebration and relaxation. Programs, amenities and events will take place in a setting that celebrates iconic Camelback Mountain and everything the Sonoran Desert has to offer.

“Ascent at The Phoenician®’s Mountainside Residences are truly unique with their highly desirable location sitting directly on Camelback Mountain, offering magical panoramic Valley and mountain views, and being mere steps from the luxurious Phoenician®,” said Todd Patrick, Replay Destinations’ vice president of sales and marketing. “The condominiums are the next chapter in this storied legacy community. We continue to exceed expectations with more than $100 million in combined sales of the Golf Villas and condominiums in less than a year. Construction of Ascent’s Golf Villas is well underway and soon the Mountainside Residences will be under construction.”

The Ascent Mountainside Residences feature seamless indoor-outdoor living, floor-to-ceiling glass to optimize views and natural light, Sub Zero and Wolf appliances, and spa-inspired bathrooms. Residents will enjoy a spacious, private rooftop terrace that provides 360-degree views of both the Valley and Camelback Mountain with social areas, fire tables and an activity lawn. Ascent at The Phoenician® residents will have a connection through the on-site Cactus Garden to all of The Phoenician®’s restaurants. Also, residents will have the opportunity to join The Phoenician® Resident Access Program that provides Ascent real estate owners with access to resort amenities, including The Phoenician® Pools and The Phoenician® Athletic Club, and preferred pricing for golf, spa, food and beverage, and other services.


“Construction at Ascent at The Phoenician® is achieving a great pace,” said Chandra Reilly, Ascent vice president of design and development. “With the majority of the infrastructure work complete and construction of the Ascent Golf Villas on track for completion in mid-2022, we are working with PWI Residential Construction to plan our mobilization on the Mountainside Residences for early next year.”

Ascent has attracted a significant number of buyers from the local Phoenix and Scottsdale area and from various states such as California, Illinois, Wyoming and Washington.
The team for Replay’s condominium residences and Golf Villas includes design partners from the Valley’s best internationally recognized talent: Nelsen Partners, an architecture and planning firm founded in 1990; Vallone Design, a leading, full-service interior design firm specializing in exquisite residential and commercial interior design; Floor Associates, a landscape architecture and planning firm; and bulthaup Scottsdale, a globally recognized company producing premium kitchens custom-made in Germany. Joe Bushong and Leslie Jenkins of Russ Lyon Sotheby’s International Realty are the listing agents for Ascent at The Phoenician®. For more information, visit ascentatthephoenician.com or call 480-534-4086.

About Replay Destinations
Ascent at The Phoenician® is being developed by Replay Destinations. With more than $2 billion of real estate projects in planning and development, Canadian-based Replay has properties in some of the world’s most
sought-after settings. Replay Destinations is a fully integrated real estate development company headquartered in Vancouver, Canada, specializing in the destination home sector. With operations in the continental United
States, Hawaii, Mexico, and the Caribbean, Replay’s team of strategists, planners, designers, marketers and builders create authentic and enduring places that become must-visit destinations for guests and potential real
estate purchasers alike. Working with visionary private equity firms, landowners, municipalities, other developers and families with legacy holdings, Replay creates places that the marketplace thinks of first and likes
best, which in turn enhances the destination’s economic impact and market awareness. Replay’s outlook is global, long term and broad-based, and is supported by strong, goal-oriented, time- and budget-sensitive
business practices. Replay was founded in 2007. Visit www.replaydestinations.com for more information.


Current Projects
In addition to Ascent at The Phoenician®, Replay’s current development projects include: Half Moon Bay Antigua, an ultra-luxury destination that includes a Rosewood hotel, estate lots and branded residences; Ka‘upulehu in Hawaii, a private residential community on the Kohala Coast; Lift Park City, prime ski-in, ski out residences at the base of the largest ski destination in the United States; Mill District Healdsburg, a mixed use development in the heart of Sonoma wine country that includes a boutique hotel, retail and luxury condominiums; One Ocean Bahamas, a luxury condominium high rise community overlooking Nassau Harbour;
and YOTELPAD Park City, a new concept in condominium living at the base of Park City Mountain in Utah.

Media Contact
Michelle McGinty, DRA Collective
Tel: (310) 704-7834
michelle@dracollective.com

6900 E Camelback Road, Suite 110, Scottsdale, AZ 85251

Offered by Russ Lyon Sotheby’s International Realty (AZ DRE # LC646682009). The residential project described herein (the “Residential Project”) and the residential units within the Residential Project (the “Residential Units”) are not owned, developed, or sold by Host Camelback I LLC or its affiliates, and Host Camelback I LLC does not make any representations, warranties or guaranties whatsoever with respect to the Residential Units, the Residential Project or any part thereof. PHCN LandCo LLC uses the Phoenician® brand name and certain Phoenician® trademarks (collectively, the “Trademarks”) in connection with the sales and marketing of the Residential Units in the Residential Project under a limited, non-exclusive license from Host Camelback I LLC. The foregoing license may be terminated or may expire without renewal, in which case neither the Residential Units nor the Residential Project will be identified as a Phoenician® branded project or have any rights to use the Trademarks. All renderings contained herein are merely intended for illustration purposes and not as a representation, warranty or guaranty of size, layout, finishes, views, or any other characteristics of the improvements or natural features depicted. Developer reserves the right to make any modifications, additions or withdrawals to any and all descriptions or depictions or any other materials pertaining to the Project, without prior notice. THE IMPROVEMENTS DESCRIBED OR DEPICTED HEREIN (INCLUDING, WITHOUT LIMITATION, ENTRY FEATURES, LANDSCAPING IMPROVEMENTS, AMENITIES, BUILDINGS, HARDSCAPE, FENCING OR WALLS OR THE LACK THEREOF), ARE PROPOSED ONLY AND NO WARRANTY IS GIVEN OR IMPLIED THAT THE IMPROVEMENTS WILL BE COMMENCED OR COMPLETED. ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING AND SHALL NOT BE DEEMED TO BE REPRESENTATIONS OR WARRANTIES OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THE DOCUMENTS THAT ARE REQUIRED BY ARIZONA REVISED STATUTES, 32-2181, et seq,. TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. This is not an offer of real estate for sale or solicitation of an offer to buy, to residents of any state, province or other jurisdiction where the Project is not registered in accordance with applicable law or where such offering or solicitation would otherwise be prohibited by law. Void where prohibited. No sales will occur until permitted by the Arizona Department of Real Estate. All sales are conditioned upon the issuance by the Arizona Department of Real Estate and buyers’ receipt and acceptance of a Disclosure Report for the Project (or applicable portions thereof). Only lot reservations will be accepted by Developer, and only as permitted by the Arizona Department of Real Estate, until the Disclosure Report for the development has been issued; provided, that Developer is under no obligation to accept lot reservations. Developer is committed to the letter and spirit of the policy for the achievement of equal housing opportunity.