Robert Hing will develop the Scottsdale Club Villas on property next to his 8225 E. Indian Bend Rd. athletic club. The plan is to market the villas as partial-ownership properties with optional health club memberships.
The villas, 28 of which should be completed in January, will be affiliated with Interval International, which will help condo owners swap time at other interval ownership properties. A management company also will allow owners with unused time to rent out their units.
Hing said he was inspired to develop the property at Hayden and Indian Bend roads after members of his athletic club, many of whom are winter visitors, mentioned that their condominiums lack recreational amenities.
The new development will include deeded property rights that will give buyers the tax benefits of ownership, full-time concierge services and preferred tee-times and discounted green fees at the nearby Silverado Golf Course. Hing said the cost of the units will be based on a buyer's seasonal preferences and length of stay.
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