Sales of the two-, three-, and four-bedroom condominiums have been strong, with nearly 50% of the project already sold. Initial deliveries are expected in late summer 2024.
“We’re delighted by the response to Portico, which has exceeded our expectations,” says Jonathan McCulloch, CEO of Belgravia Group. “To have a project nearly half sold prior to breaking ground speaks to the desirability of our location, quality of product, and the overall strength of the Scottsdale market. With construction underway, our buyers will soon work one-on-one with our in-house design team to personalize their home from an extensive catalog of fixtures and materials. “This is what makes new construction, and buying early, such a great benefit—these buyers now get to make these homes their own.”
Belgravia Group recently received the 2023 Phoenix Agents’ Choice Award for Multi-Family Project of the Year for Portico.
The condominiums in this private gated community, designed by the award-winning international architecture firm KTGY, are currently priced from the $ 900s to $2 million, and offer up to 2,768 square feet of luxurious indoor living space along with generous private terraces. The community’s amenities include an upscale clubhouse, outdoor pool and spa, and state-of-the-art fitness center.
Cambridge Properties is the brokerage leading the sales for Portico.
Upon completion, the One Scottsdale masterplan development is expected to include up to 2.8 million square feet of retail and office space, 2,000 residential units, and 400 hotel rooms.