The big developer is growing in Scottsdale – East Valley Tribune

MAnyone who came to Scottsdale to circumvent traffic and density enjoyed “crunching, crushing, crunching” walking on desert paths.

But some of them complain of a different type of “crunch”, have hit the city in recent years: a destruction of construction, as a hordes of development projects “fly” the centuries -old desert land in modern life.

Those who want to put the face of their “villain” of development can inspect the tanned, welcoming, grinning face of Walt Brown Jr.

Brown began a real estate career in San Francisco – where he was shocked to find after he was accustomed to the plains of New Mexico on his youth, he was afraid of heights.

From a tiny apartment on the eighth floor, “I couldn’t get close to the window,” he said, laughing at my younger self. “I would go there – and literally start to shake and I have to back away.”

Thirty several years later, his headquarters in Scottsdale is on the metaphorical peak of the Valley Commercial Real Estate trade scene – and he is not inferior.

As the press release of the Diversifying partners of Brown is, “the company is entering a dynamic phase, with over $ 4 billion in transactions scheduled for 2025 and 2026.”

Moving from their former corporate home right up the road, diversified partners have recently turned an old fire station into their elegant, ultra -modern office near Scottsdale and McDonald Rhodes near the Old Town.

Five miles north of the office, which has an inspired by the silicone valley of Idea Lounge, Brown’s thought in a new neighborhood comes to life. On the tribal land just above the border of Scottsdale, Diversified Partners is building projects for twins: The Edge and the Sydney.

Edge is more driven by food, with tenants such as Shake Shack, Black Rock Coffee, Thai Chili, to go, Rio Cafe, dirty dough cookies and a lush nail bar and running on the 90th street, right from contour 101.

Meanwhile, on the other side of the highway, the bulldozers are clearing SRP Land for, as the press promises: “26 decares of power entertainment concepts.”

Sydney anchor is a reverb from Hard Rock Scottsdale, which is to be discovered in mid -2026. Sydney expects pickle and social, and the village will open earlier.

“Hard Rock Hotel – I want to say it will be exciting for the whole area or what?” The energetic brown blinks.

“You know, there are four or five bars and restaurants that enter there and that’s because they recognize the need.”

With his own need to continue to move like a shark, this developer likes what he sees as he peeks out in the near future of Scottsdale.

“We have a new mayor that will be so big for the community,” Brown said. Scrolling around a wall designed map, he notes that the city is “bordering C, of ​​course, a phoenix on the west side, and Paradise Valley and then the Indian reservation. So obviously (Scottsdale) can only grow up and down. “

Other projects of Scottsdale include The Outpost, Mall of Pima’s gas station and Dynamite Roads in North Scotsdale; The Lexus dealer in northern Scottsdale and the nearby apartment complex, as well as a recent office space in the middle of the city.

Described by a colleague as a “deal with a deal”, Brown’s projects are hardly limited to Scottsdale.

In 2022, The New York Times included diversified partners from San Tan Valley Ironwood Springs Ranch as part of a trend in reconstruction of insufficiently used golf courses.

Most recently, diversifying partners have joined the efforts of the Western Phoenix’s remarkable metro center as the “capital”.

He works on Cannon Beach-developing mixed use with wool park and mixed-purpose project of $ 125 million with two new hotels and office space in Gilbert.

“We have Elliott and Elsworth in meat in the process of building,” Brown said. “We have (development c) Avondale in the process of construction. Glendale, we have several projects under construction.

“We were, you know – it happens a lot,” he giggled consciously.

According to a recent press message: “To support this growth, diversified partners have made a major strategic rent: Dean Ingram joins as a new managing partner of brokerage and new development.”

Ingram divided its time as a broker/developer between the valley and the Oklahoma over the last decade.

After a month in Scottsdale, Ingram has pedal goals to diversified metals:

“Double our tangible assets – our lists, new developments.”

Listening, Brown’s face bursts into a funny smile.

“That would be great!” Brown says, shooting his thumbs to his new upper gun.

More growth?

Focus, desire and “commitment” are on a diversified wall of partners in a giant combination similar to scrub.

Corporate speaking aside, Brown insists that diversified partners are a large family.

And, he says, he thinks Scottsdale is not just a valuable address, but a community.

“This city was really good at me – Like, really good for me, “he stressed. “And I couldn’t leave here if I tried. I mean, this is my home where my children were raised. “

He suffocates, wiping tears as he remembers that he came to Scottsdale in the 1990s, “with $ 6,000 and a dream.”

Asked who is the most memorable deal of his career, he insisted that it was not just a moment, but a progression.

“To build a company, feed my family, hire my family – my son is here, my brother is here,” Brown said.

“And just grow and make deals.”

The nostalgia of the bowel check is quickly turned as the smile is again dominated by his face.

“I like to make deals,” he said.

“I love what I do. Quite lucky. “

After hiring another difficult striker in the development game and with what he calls favorable local and national political conditions – these deals will continue, Brown promises.

What he says to those – especially to Scottsdale Oldtimurs – who complain: “The city has already been developed – please stop!”

Brown nodded in recognition: He gets meaning.

He just disagrees with that.

“Our metro area is growing very properly,” he said. “This is an increase in density – it comes with a change. And many people are not good at change. But the fact is that we are growing properly. “

Brown points to southern California, where employees still come up with how many homes were destroyed by wild fires last month.

This, Brown is sure, will only add to the people who move here from California every year.

Thinking about fires in the Los Angeles area, Brown said, “I promise you another 100,000 people are coming.”