Scottsdale’s Sterling at Silverleaf $350 Million Condos to Break Ground

PHOENIX— Nathan Day may be one of the youngest residential developers in the U.S., but he is taking on one of the oldest forms of housing in the luxury market of Scottsdale.

Thirty-one-year-old Day’s company, Cypress Development Group, is launching the first condos to be built in the exclusive Silverleaf neighborhood in the northern part of Scottsdale. They will not only be the only condos in the private golf community of Silverleaf, but also the only ones in DC Ranch, one of the oldest master-planned, upscale zip codes in Arizona.

DC Ranch is a 1,780-acre community located next to the McDowell Sonoran Preserve. It’s a community popular with second-home residents, including scores of Canadian snowbirds. Silverleaf is one of its gated subdivisions. “I think people want to be in new construction and there has been a lack of inventory in the luxury category,” says Day, “especially with a premium address.”

The 213-condo units Cypress is building will be situated near the DC Ranch health club, the Silverleaf golf course and other amenities including restaurants, retail and health services.

They will have views of the McDowell Mountains and the Sonoran Preserve with access to mountain biking and hiking trails that wind their way through Silverleaf. It is also in close proximity to Scottsdale Airpark for those with private planes.

Priced from the low $1 million, the 213-condominiums will feature one-, two- and three-bedroom floor plans, with options for an added den, and range in size from 1,680 to 3,600 square-feet. Several exclusive penthouses averaging 2,500 square-feet will grace the top floors. The exclusive collection of five, four-story private buildings will feature sustainable silver-level LEED new construction, state-of-the-art automated valet parking and private elevators that open directly into each home.

All condominium residences will feature top-of-the-line, custom finishes including Calcutta marble countertops in the kitchen, Pro-Series Sub-Zero and Wolf appliances, natural stone and wood floors, custom cabinetry, ceilings exceeding 11 feet, LED lighting, expansive terraces, professionally designed walk-in closets with custom cabinetry, his and hers bathroom vanities and deep soaking tubs in the master bathroom. Each residence has a built-in iPad system that controls the home automation and security systems providing the ability to remotely control every element within the home such as audio, video, lighting, window coverings and security. Also unique to the community is the steel frame Type I construction, which is atypical for such low-density developments.

Homeowners have access to a 7,000 square-foot Resident Lounge with a demonstration kitchen, private dining room, library, fireplace, flat screen TVs and a conference room.

Additionally, The Sterling Collection will be the first community on the West Coast to debut a robotic valet, which is an automated parking system. The innovative system uses omni-directional, battery-powered robots and a robotics guidance system to carry vehicles parked on self-supporting steel trays to and from storage spaces. At the touch of a button, homeowners can call-up their vehicle to arrive in minutes. The system uses robots and lifts to store and retrieve vehicles without the damage and privacy issues that come with valet drivers.

“This is one of the things we’re most excited about,” says Allan Luster with Cypress Development Group. “It’s something we’ve seen in New York City and Miami in the most exclusive condos—though it’s been used for a long time in Europe. We got to see it work. You just hit a touch-screen button and there you are. These buyers have high net-worth cars and we really took that to heart. This is the solution that best fit the product.”

A priority interest list is currently being developed with a sales gallery and model opening in early November. Construction will begin in the first quarter 2015 with anticipated move-in by early 2016. The Kor Group, well known for creating the Viceroy Hotel brand and developing one-of-a-kind lifestyles experiences that build lasting value for homeowners and local communities, is leading the sales and marketing of The Sterling Collection.

For more information: Silverleaf Realty of DMB Realty Network manages sales for the community. Call (480) 502-6902 or go to www.sterlingatsilverleaf.com.