Oct 24, 2026New housingWorth watching
Kierland Sky: 420 apartments approved to replace office park on Kierland Blvd
Kierland Sky, LLC holds approved Phoenix zoning to redevelop the 7.8-acre office property at 14635 N. Kierland Blvd. (SE corner of Kierland Blvd. and Marilyn Rd.) into three multifamily buildings with about 420 units in two phases. A 2026 minor amendment is complete; the open question is when construction starts.
Why it matters for 85254If built, it adds a large block of new rentals in the heart of Kierland, adding supply that competes with area condos while bringing more residents to Kierland Commons shops and dining.
Source: United States Real Estate Investor ↗Oct 16, 2026Zoning & cityWorth watching
Airpark office building near Thunderbird & Loop 101 filed for 275-unit apartment conversion
KB Development has applied to turn a vacant office property at 13875 N. Northsight Blvd. into a five-story, roughly 275-unit apartment community under Arizona's new adaptive-reuse law, the first such case in Scottsdale. City Council met in closed session Oct. 6 on its legal approach; no public vote yet.
Why it matters for 85254A test case for office-to-apartment conversions near the Airpark could bring more rentals close to east 85254 and set a precedent for other aging offices along the 101.
Source: Scottsdale Progress ↗Sep 20, 2026Jobs & officesWorth watching
Scottsdale Airpark office vacancy levels off
Vacancy has flattened after climbing through 2024 and early 2025. Class A rents run high-$20s to upper-$30s per sq ft. New activity is mostly renovations, not new towers.
Why it matters for 85254A steady Airpark keeps local jobs and short commutes that support home values in north 85254.
Source: Pierce Commercial ↗Aug 27, 2026Zoning & cityWorth watching
Westin Kierland owner files third bid to rezone Mesquite golf course for homes
The Copper Residences PUD (Phoenix case Z-169-25-2) would rezone the Mesquite nine near 66th St. and Greenway Pkwy. for homes, townhomes, condos or apartments, keeping the Acacia and Ironwood courses. The Kierland Community Alliance opposes it; the Paradise Valley Village Planning Committee has not yet set a hearing, followed by the Planning Commission and City Council.
Why it matters for 85254Golf-course views and open space are a big part of Kierland home values, so the outcome matters for homes bordering the course and could set a precedent for other golf communities.
Source: ABC15 ↗Aug 11, 2026Retail & amenitiesPositive
Westin Kierland wraps six-month renovation in early October
The resort refresh adds an expanded Scotch Library, a speakeasy, pool updates, a redesigned lobby with a three-tier lounge bar, and modernized ballrooms and meeting rooms, with completion set for early October 2026.
Why it matters for 85254A refreshed flagship resort keeps Kierland a destination, supporting the area's dining, events and appeal for nearby homeowners.
Source: Experience Scottsdale ↗Jun 24, 2026Airport & planningWorth watching
Scottsdale Airport 20-year master plan goes to City Council
Staff presented the FAA-guided plan: mostly pavement rehab plus taxiway and hangar upgrades, about $300M in potential projects over 20 years. The airport supports 5,000+ jobs and ~$1.1B in output, forecast to reach ~9,600 jobs by 2035. The runway is at its maximum footprint; a final plan goes to the FAA next.
Why it matters for 85254More jobs and business-jet traffic at the Airpark support demand for nearby homes, with flight activity worth watching on the north side of 85254.
Source: Citizen Portal (Scottsdale City Council) ↗Jun 11, 2026Investment & salesPositive
Residences Kierland (290 units) sells to MacNaughton
Quarterra sold the 290-unit Residences Kierland at 15825 N. 71st St., backed by a $90M five-year loan from Nationwide.
Why it matters for 85254Institutional money is still buying in Kierland, a sign of confidence in the area's rents and values.
Source: Connect CRE ↗Apr 24, 2026Retail & amenitiesPositive
PV (former Paradise Valley Mall) adds Lululemon, Escapology and more
Seven new tenants announced; Harry & Izzy's and The Vig open this year. Life Time Paradise Valley (92,000 sq ft) opened late April. The $2B, 100-acre project is about half done, with completion around 2030.
Why it matters for 85254A walkable dining, fitness and shopping hub at Tatum & Cactus, right next to 85254, adds everyday appeal for nearby neighborhoods.
Source: Axios Phoenix ↗Apr 24, 2026New housingWorth watching
Life Time Living high-rise residences at PV due in 2027
Luxury rental residences connected to the Life Time club are expected in 2027, with more for-sale high-rise homes planned at PV.
Why it matters for 85254New luxury units next door add choice for downsizers, and some competition for 85254 condos and townhomes.
Source: Axios Phoenix ↗Nov 10, 2025Roads & transitPositive
Loop 101 widening, Princess Dr to Shea Blvd, opens new lanes
ADOT's $108M project added a lane each way over 4.5 miles; each direction now has four general lanes plus HOV. Finish work was scheduled for early 2026.
Why it matters for 85254Shorter freeway trips from Shea and the 101 make east 85254 easier to commute from.
Source: AZFamily ↗Apr 24, 2025Corporate HQPositive
Fender moves its headquarters to PV
Fender Musical Instruments topped out its 77,000 sq ft headquarters at the PV redevelopment, relocating from elsewhere in Scottsdale. It was expected to open in late 2025.
Why it matters for 85254A global brand's HQ next to 85254 brings daytime workers and demand for nearby housing.
Source: Phoenix Metro Home Search ↗