The $47 million ENVY Residences condominium tower in Old Town Scottsdale, near Scottsdale and Camelback Roads is on track to open in late spring.

Developed by Deco Communities, the residential project will bring 89 high-end residences to the heart of Scottsdale’s arts, entertainment and nightlife mecca. The building will celebrate its grand opening and welcome the first residents in late May 2016.

“The completion of ENVY is a landmark event for the city of Scottsdale and this area of Old Town Scottsdale,” said Rob Lyles, senior partner with Deco Communities. “This year, dozens of homeowners will move into the building, infusing the crucial element of high end residential into the area,” he said.

Designed by Los Angeles architect Daniel Gehman, the building is comprised of 89 condominium units and three levels of underground parking. The residences range in price from the mid-$300,000s to more than $1 million.

Both exceptional and unique to ENVY Residences is the opportunity for ENVY buyers to curate their own living spaces by working side-by-side with Deco’s award-winning lead interior designer Morgan Kofron.

“What sets apart ENVY as a luxury building that leads the market is that our buyers have unique opportunity to select almost every design detail that will go into their new home,” said Morgan Kofron, lead designer for the Deco Design Studio. “From exotic finishes to specialty imported appliances, we work diligently side-by-side with our buyers to help them curate a living space that effortlessly reflects their personal style and tastes.”

Rising eight stories into the sky, ENVY offers some of the most enviable views in Scottsdale. With large floor-to-ceiling windows designed to maximize viewing, residents on upper floors will have unobstructed views of the McDowell Mountains and Camelback Mountain, perfect for viewing the Valley’s iconic sunsets.

The sleek theme continues inside the building with contemporary styling that fuses cosmopolitan living with pure luxury in each of the project’s 10 floor plans including eight penthouse designs. Hallmarks of the ENVY brand include quality kitchens by Poggenpohl, Bosch appliances, high ceilings, spacious walk-in closets, wood flooring and expansive balconies.

An emphasis on VIP amenities encompasses the scope of offerings by ENVY Residences. ENVY amenities include 24-hour concierge and security, a 4,000 square-foot state-of-the-art fitness facility designed by Phoenix celebrity fitness trainer Lucas James, a high-energy pool area, secured tri-level parking and the Black Label Lounge, a private owners’-only club within the building.

Additional resident benefits include private jet flight hours, a personal trainer, and front of the line VIP access to Valley’s premier hot spots via the ENVY residents Black Card.