Luxury north Scottsdale condominium community approved by review board
By: Scottsdale Independent
Belgravia Group, a Chicago-based real estate developer with more than 70 years of luxury developments constructed under its brand, has received Scottsdale Development Review Board approval for its first-ever Phoenix metro community development, Portico, located in north Scottsdale.
Portico anticipates breaking ground by the end of this year, with first deliveries anticipated in early 2024, according to a press release.
Located at the area northeast of Scottsdale Road and Loop 101, Portico has quickly become part of the Valley’s desired luxury condominium community. In just a matter of weeks, even before opening its sales center, 87% of the homes initially released are reserved.
Sales success for the property speaks to Belgravia Group’s reputation and its partnership with the Phoenix-based brokerage, Cambridge Properties, spearheading sales efforts for the development.