PHOENIX——It may be a pile of rubble now, but the million dollar view hasn't changed a bit. Mountain Shadows Resort, once one of tony Paradise Valley's premier resort destinations, is going to be restored to its former glory.
The resort at 56th Street and Lincoln Drive at the base of Camelback Mountain opened in 1959 and played host to celebrities such as Frank Sinatra and Sammy Davis Jr, and vacationers from around the world—it was a Valley icon for decades.
Crown Development purchased the property from Marriott in 2007 for $42 million, but the resort has sat vacant for years. Asbestos, outdated mechanical systems, and run-down facilities plagued the property.
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