Belgravia Group, an award-winning Chicago real estate developer with more than 70 years of luxury projects constructed under its brand, will mark its Phoenix market entry with Portico – North Scottsdale, a collection of 112 luxury condominium residences located at the northeast corner of Loop 101 and Scottsdale Road. The project will be worth more than $100 million upon completion.
Featuring stunning views of the McDowell Mountains, an outdoor pool, upscale clubhouse and a state-of-the-art fitness center, Portico will be a key piece within the One Scottsdale masterplan development, which will include up to 2.8 million square feet of retail and office space, 2,000 residential units and 400 hotel rooms upon completion.
Portico will be located within nine discreet buildings, each with only five floors, with enclosed parking and intimacy not usually found in high rise living. Portico offers floor plans up to four bedrooms. The homes will feature up to 540 square feet of additional outdoor living area and a true indoor-outdoor living experience.
“Chicago has been our home for over 70 years, and we are very excited to bring our product to the Valley. We have followed this market for many years, and we believe its ongoing growth and strong community is a natural fit for our approach to thoughtful design and homebuilding,” says Jonathan McCulloch, co-CEO of Belgravia Group. “We frequently remind ourselves that our strong reputation in Chicago can’t ever be taken for granted and we strive to maintain and improve that reputation with each project we develop. Now, for the first time in our 70-year history, we are entering a new market and we will set the foundations for our local reputation to be formed as we seek 112 new, happy homeowners at Portico. This is just the first of many projects we plan to develop in the Phoenix and Scottsdale areas.”
Portico’s sales center will open this spring and will allow prospective buyers to work with Belgravia’s in-house design team to personalize their homes with lighting and wiring layouts and select finishes from an extensive catalog of up-to-date fixtures and materials.
Belgravia Group’s sterling reputation and intuitive home designs have collected numerous accolades throughout its Chicago tenure, including being named Chicago’s Developer of the Year in 2021, 2020 and 2019 by “Chicago Agent Magazine” and Development of the Year for two recent Chicago projects, Renelle on the River and Three Sixty West.