Portico Now Fully Sold in North Scottsdale

Portico, the luxury condominium development in the Loop 101 and Scottsdale Road corridor, announced today that it is sold out. The project took only one year from writing its first binding contract to sell all of its 112 units.

Portico is award-winning developer Belgravia Group’s first project in the Scottsdale market. The nine-building community features one- through four-bedroom floor plans from the $600s to $2 million 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.

“As a luxury developer new to Arizona and eager to take a prudent approach, sales for Portico outpaced all our expectations,” said Elizabeth Brooks, Executive Vice President of Sales and Marketing at Belgravia Group. “We thank our homebuyers for putting their trust in Belgravia Group and we’re excited to start delivering these homes later this summer.”

Portico’s sales success signals a strong luxury condominium market in North Scottsdale. Portico is one of the few luxury condominium home buying opportunities in the area and was named Multi-Family Project of the Year by Phoenix Agent Magazine and Multi-Family Project of the Year by The Scottsdale Progress.

“It’s no wonder Portico sold at a rate higher than our projections,” said Keith Mishkin, CEO and President of Cambridge Properties, which represents the project. “It’s truly an impressive community and unlike any other home buying experience currently in the area. Belgravia Group brought its 70+ years of residential development experience from Chicago, attracting luxury buyers — from both in state and out of state — to Scottsdale’s most admired new neighborhood.”

With first deliveries slated for late summer 2024, Belgravia looks forward to delivering the same seamless home buying process, quality and service that is at the core of what Belgravia Group does best. Construction is well underway, and Portico homebuyers are working one-on-one with Belgravia’s in-house design team to personalize their home from an extensive catalog of fixtures and materials, truly making these homes their own.

Portico is estimated to be completed in Spring 2025, and Belgravia plans to announce a new North Scottsdale condominium development soon.

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, retail centers, and office buildings in Chicago 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 expansion into the Scottsdale, AZ market. Belgravia Group is a vertically integrated company with divisions for real estate development, sales and marketing, interior design, accounting, customer service, and a full range of real estate legal services. Belgravia Group is proud to recently be awarded the 2023 Phoenix Agents’ Choice Award for MultiFamily Project of the Year for Portico. To learn more, visit www.belgraviagroup.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.