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the Four Seasons Name at Four Seasons Resort Scottsdale |
SCOTTSDALE, Ariz. (April, 2002) - Four Seasons Private Residences Scottsdale,
Arizona adjoining the recently opened Four Seasons Resort Scottsdale at
Troon North will soon be offered for sale. The gated enclave will include
only 51 pueblo-style residences, 40 of which are pre-designed, ranging
in size from 3,500 to 5,700 square feet and starting from $1.6 million.
An additional 11 design/build lots will also be available.
The resort and residential property encompasses a magnificent 65-acre site between Pinnacle Peak and Troon Mountain. The project is being undertaken by Walton Street Capital in association with Scottsdale-based developer Crescent Moon Development Corp. Home owners will have the opportunity to enjoy the best of two worlds: a luxurious detached home situated on at least one-half acre of land, as well as the exceptional level of Four Seasons services for which the company is known worldwide. "We are extremely pleased to be developing the country's first Four Seasons branded private home development, which will allow owners as members of a club to enjoy services and amenities provided by one of the finest resorts in the world. Home owners may expect the highest level of services, whether they're in residence or looking forward to their next visit," said John J. Pappas, principal of Crescent Moon Development Corp. and investment advisor to Walton Street on real estate development. "The combination of Four Seasons quality and whole ownership of custom-designed, beautifully landscaped individual homes located in one of the most beautiful settings in the United States will, lead to Four Seasons Private Residences Scottsdale becoming synonymous with the pinnacle of luxury resort living. Each home features detached guest cottages and many custom touches, allowing homeowners to express their unique personality and way of life." The project was designed by San Francisco and New York-based Hart/Howerton Architects & Planners. "What distinguishes our firm from others is that we view land and buildings as inseparable elements of a living environment; thus, we practice architecture and landscape architecture as a single profession," said co-founder, Robert Hart. "Four Seasons Private Residences Scottsdale feature architecture that complements the Resort and is entirely in harmony with the wondrous natural Sonoran environment surrounding the site." "Four Seasons Private Residences Scottsdale offer the very best of Southwest living. The magical combination of a beautiful site, thoughtfully designed homes to encourage outdoor living and entertainment, the highest quality materials and construction, and complete residential services paired with the opportunity to enjoy the amenities of Four Seasons Resort Scottsdale at Troon North has created a lot of attention," said Sandra Esmay, Broker handling sales and marketing. Four Seasons Private Residences Scottsdale is a joint development of Walton Real Estate Fund II, L.P. and Crescent Moon Development Corp. Walton Real Estate Fund II, L.P. is an affiliate of Chicago-based Walton Street Capital, a real estate opportunity fund that directly or through its affiliates owns six Four Seasons Hotels and over $2 billion in real estate throughout the world. Crescent Moon Development Corp. is a Scottsdale-based real estate development company that is responsible for project development, management and sales. |
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Jeff Nead Glodow Nead Communications (415) 447-1241 [email protected] |