The Arizona luxury real estate scene is getting a major design upgrade.
Canadian developer Replay Destinations has partnered with renowned Seattle-based architectural firm Olson Kundig for the final phase of their Ascent at The Phoenician community. This marks Olson Kundig’s Arizona debut—and they’re going big.
Key Highlights:
- Project Name: Summit by Olson Kundig
- Location: At the base of Camelback Mountain, adjacent to The Phoenician resort
- Unit Count: 63 luxury condos
- Signature Feature: Four penthouses with massive 10-foot pocket glass doors that open up entire corners for full indoor-outdoor living
- Price Range:
- Penthouses: Starting at $7M, reaching over $10M
- Other units: Starting at $2.3M
- Unit Sizes: From 1,570 sq. ft. to nearly 5,000 sq. ft.
- Timeline: Construction begins summer 2025, with completion expected late 2027
Investor Takeaways:
- Scarcity & Demand: Only 7 units remain in the current phase, with 123 out of 200 total units already sold
- Resort Integration: Owners get access to The Phoenician’s amenities—appealing to buyers looking for lifestyle + luxury
- Developer Vision: Replay Destinations is eyeing future projects in Arizona, showing long-term faith in the market
Why It Matters:
This project combines iconic architecture, high-end amenities, and unmatched location—exactly the kind of opportunity that ultra-high-net-worth buyers and savvy real estate investors are watching closely. With luxury demand holding strong in desirable Arizona enclaves, projects like this set a new bar.