The Scottsdale Development Review Board has officially approved the Cosanti Commons project — a 189-unit apartment complex that blends multifamily housing with cultural space. Here’s what you need to know:
✅ Key Project Details
- Location: 7000 E. Shea Blvd, Scottsdale
- Developer: DPC Cos., in partnership with High Street Residential (Trammell Crow subsidiary)
- Architect: ESG (Minneapolis-based); Engineer: Sustainability Engineering Group
- Approval Status: Unanimously approved by the Development Review Board after earlier zoning changes in December
🏗 Project Highlights
- Mixed-Use Focus: Will include $1.4M exhibit space for the nonprofit Cosanti Foundation
- Open Space: Exceeds zoning requirements—25% open space vs 10% minimum
- Surroundings: Near HonorHealth Shea Campus, Scottsdale Airpark, Chaparral High School
- Retail Adjacent: Existing center on-site has a 33% vacancy rate
🏢 Why It Matters for Investors
- High visibility and accessibility in central Scottsdale
- Cultural alignment with Paolo Soleri’s Cosanti Originals boosts community appeal
- Potential upside as the area redevelops under new zoning and usage flexibility