Phoenix Business Journal recently featured Diversified Partners' acquisition of the iconic McCormick Ranch waterfront property that will become Lakefront at Scottsdale, a premier mixed-use destination in the heart of Scottsdale.
The $25.5 million acquisition represents a major milestone in the transformation of the former Forever Corporate Plaza into a vibrant lakefront experience featuring chef-driven restaurants, boutique retail, Class A office space, and enhanced public gathering areas. Inspired by a "modern Santa Barbara" design aesthetic, the redevelopment will capitalize on one of Scottsdale's most unique settings, offering lakefront views, walkability, and a curated mix of dining, shopping, and lifestyle experiences.
Lakefront at Scottsdale is envisioned as a landmark destination that will further elevate the McCormick Ranch corridor while creating a one-of-a-kind gathering place for residents and visitors alike. Diversified Partners has spent several years assembling and planning the project, which is positioned to become one of the Valley's most distinctive mixed-use developments.
Read the full Phoenix Business Journal article:
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