ENVY Residences announced it has completed the sale of 21 luxury condominiums within the Old Town Scottsdale development, which will break ground early this spring. This completes the first phase of sales for ENVY Residences. The units were purchased by a number of buyers from Arizona, California, New York and Canada and ranged in price from $350,000 to $1.4 million each. The developer, Deco Communities, says demand appears quite strong for high-end new condominium construction in Scottsdale and across the Valley.
“With the development of ENVY Residences we are introducing a new luxury living experience to the Valley, and buying activity has been robust,” said developer Rob Lyles with Deco Communities. “Luxury condominium buyers tend to be sophisticated in their purchasing decisions as it relates to architecture, interior design, premium amenities and lifestyle offerings. Given the lack of new luxury condominium supply in the market, we see that our project is filling a void with the pent-up demand we’ve experienced.”
ENVY Residences aims to fuse art and architecture in the sleek and contemporary concrete and steel construction of the building. The interiors aim to convey a sense of sophistication and style by focusing on modern and usable living spaces, quality details in the kitchens and bathrooms and VIP services such as 24-hour concierge and security, a 4,000 foot fitness facility designed by Phoenix celebrity fitness trainer Lucas James, a pool area with cabanas, the Black Label Club which is a private entertaining area and an underground private and secured parking garage.
With 10 richly-appointed floor plans including eight sophisticated penthouse designs, ENVY offers units ranging from 750 to over 2,400 square feet. Each residence will have modern amenities including European-style kitchens with Bosch appliances, 9- to 11 foot ceilings, quartz countertops, backsplashes, designer fixtures and hardware,spacious walk-in closets, wood floors and large balconies.
“Old Town Scottsdale is experiencing robust demand that is fueling economic growth in the area and bringing the city’s work, play and live vision to fruition,” said Roberta Candelaria, Exclusive Listing Agent for ENVY Residences. “We have had significant interest in ENVY since opening our pre-registration at the beginning of November with several buyers indicating they have been patiently waiting for a project like this to emerge,” she said.
ENVY Residences Phase Two will be released later this month and will offer an additional 20 residences. The eight story condominium development will overlook the Entertainment District, home to popular culinary, nightlife, gallery and retail establishments. ENVY’s location and design are intended to offer residents panoramic views of Camelback Mountain, the McDowell Mountain Range and the city.
The ENVY Residences Presentation Center is now open Tuesday through Sunday from 10am to 6pm and on Mondays and evenings by appointment only. To inquire about living at ENVY or to join the VIP reservation list visit www.envyresidences.com or call 480.588.6951.
Experience ENVY Residences on Facebook by visiting facebook.com/envyscottsdale and on Instagram @EnvyResidences.
