Belgravia Group Celebrates Topping Off of Portico

PHOENIX (October 22, 2024) – Belgravia Group, the award-winning Chicago-based developer behind North Scottsdale’s Portico luxury condominium community, has marked a major construction milestone with the topping off of the development.

Portico was developed as a key piece of DMB’s One Scottsdale project, a 120-acre mixed-use development situated at the premier intersection of the Loop 101 and Scottsdale Road that will bring a mix of residential, hotel and top retail and restaurants to the area.

Portico has been fully sold out since April, surpassing sales expectations and signaling a strong luxury condominium market in North Scottsdale. First deliveries are slated for this fall, with the full completion of the project estimated to be completed in spring 2025.

In addition to Portico, Belgravia Group recently announced DRB approval for its second North Scottsdale development, Atavia. Developed adjacent to Portico at the Loop 101 and Scottsdale Road in Scottsdale “new luxury corridor,” Atavia will bring a limited collection of 88 luxury residences to the heart of DMB’s One Scottsdale project.

“Belgravia Group’s key stakeholders have wintered in Scottsdale for the last several years, and we are privileged to debut a community where homeowners can enjoy the best of the southwestern lifestyle that our team has fully embraced,” said Elizabeth Brooks, Executive Vice President of Sales and Marketing at Belgravia Group. “Portico was our first Scottsdale development, and now with the announcement of Atavia, our team is happy to make Scottsdale our home away from home.”

The nine-building community features one- through four-bedroom floor plans with up to 2,678 square-feet of indoor-outdoor living space. Amenities include an outdoor pool and spa, upscale clubhouse, state-of-the-art fitness center, and picturesque views of the McDowell Mountains. Homes were sold from the $600s to $2 million.

“It’s been such a remarkable process to see Portico transition from a passion project to a full-fledged community,” said Keith Mishkin, CEO and President of Cambridge Properties, which represents the project. “Even throughout an unusual housing market, Portico has outsold our most ambitious projections and timelines. We can’t wait to see what Belgravia Group does next in the area.”

Since its sales debut, Portico has been twice named Multi-Family Project of the Year by Phoenix Agent Magazine and Multi-Family Project of the Year by The Scottsdale Progress. Portico was brought to life by Chicago-based architecture firm KTGY.

“Portico is an excellent example of blending a dynamic urban aesthetic with the serenity of suburban desert life,” said Craig Pryde, Principal at KTGY. “We are grateful for our close collaboration with Belgravia Group to bring to life such a desirable living space. KTGY’s thoughtful design takes advantage of the scenic desert backdrop and offers residents a balance between indoor and outdoor living.”

To learn more about Portico, visit www.porticocondos.com. To learn more about Belgravia Group, visit www.belgraviagroup.com or follow Belgravia on Facebook or Instagram.

About Belgravia Group
Since 1947, Belgravia Group, Ltd. and its associated companies have developed over 2,500 homes and condominiums in Chicago and Scottsdale with a combined value in excess of one billion dollars. With its outstanding reputation in Chicago, Belgravia Group continues to be an industry leader during its eighth decade in business and through its recent expansion into the Scottsdale, AZ market. Belgravia Group is a vertically integrated company with divisions for real estate development, sales and marketing, interior design, ac-counting, customer service, and a full range of real estate legal services. Belgravia has been named Phoenix’s Developer of the Year in 2024 and Chicago’s Developer of the Year in 2022, 2021, 2020 and 2019. Portico Condos was named Multi-Family Project of the Year in 2024 and 2023. To learn more, visit www.belgraviagroup.com., www.porticocondos.com and www.ataviacondos.com.

About Cambridge Properties
Founded in 1994, Cambridge Properties is recognized as one of the Valley’s premier brokers for luxury residential living. Most notably, since 2003 Cambridge Properties has closed over two billion dollars in new home sales of urban-lifestyle developments as well as single-family homes in Metro Phoenix. With over 10,000 homes sold at all price points, notable experience includes The Residences at 2211 Camelback, Esplanade Place across from Biltmore Fashion Park, and Montelucia in Paradise Valley. To learn more, visit www.cambridgeproperties.com.

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