Maravilla Construction Begins in September 2010

Maravilla Scottsdale, a luxury retirement community that has been delayed, is completing work on its underground garage and plans to start its main building by mid-September.

The 217-unit community is on about 25 acres adjacent to the Fairmont Scottsdale Princess resort northeast of Scottsdale Road and Frank Lloyd Wright Boulevard.

The Senior Resource Group LLC plans to complete Maravilla by March 2012, said Michael Grust, president and chief executive of the Solana Beach, Calif., company. Read more…

Maravilla – Scottsdale Luxury Retirement Community

Luxury retirement community set for north Scottsdale, an article from the East Valley Tribune, reports that according to Katherine Hutton, Scottsdale’s economic vitality department director, demand for luxury projects is rising as the population ages. Hutton said, "You’re dealing with a generation that over time has amassed more wealth than any other generation before them."

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