Press Release


Five Star Development, owner and masterplan developer of the under-construction Ritz-Carlton hotel and residences in Paradise Valley, hosted a site dedication today with special guest Herve Humler, Chairman Emeritus of The Ritz-Carlton, and other hotel executives to reveal a closer look inside the future resort community.

At the private, on-site event for Valley dignitaries, Realtors, stakeholders and future homeowners, Five Star president, Jerry Ayoub, unveiled images of the resort’s common areas, rooms and suites as well as Estate Homes, the 39 multimillion-dollar residences that will be available for purchase this spring.

The resort’s new opening date is scheduled for late 2019, which will open in conjunction with the first sold-out residential offering, The Villas, comprised of 81 single-level residences.

Photo courtesy of The Ritz-Carlton

“Working with Mr. Humler and his team to make this vision of creating one of the world’s most impressive Ritz-Carlton master-planned communities a reality has been exciting and very rewarding,” said Ayoub. “In these next few months, the public will begin to see this long-awaited community take shape. We look forward to welcoming Mr. Humler back to Paradise Valley when he can walk through the front doors of the hotel.”

The Ritz-Carlton, Paradise Valley, a 122-acre, master-planned resort community, promises to be one of the finest properties of its kind ever built in Arizona. The design of the hotel will employ simple, elegant forms to create relaxed, comfortable spaces in the time-honored tradition of luxury architecture. The stunning Grand Lobby, situated above the rest of the hotel overlooking Camelback Mountain, will greet guests with a water feature that cascades down through the property to a world-class spa. The resort’s room composition includes spacious suites with superior amenities and design. The abundant oversized suites, detached casitas and bungalows will make The Ritz-Carlton, Paradise Valley an ideal destination for those seeking a private oasis.

“The opening of this resort will mark the second Ritz-Carlton property in the beautiful state of Arizona, and I thank Jerry and his team at Five Star Development for their commitment to creating an incredible resort experience,” said Humler. “This iconic property will enhance the glamour of Paradise Valley, in a way that blends the natural beauty and elegance of the area with the desires of today’s most affluent travelers.”

Photo courtesy of The Ritz-Carlton

Guest accommodations will be connected by quiet, lush courtyard gardens and shaded walkways – evoking the sense of a village. Large windows with deep overhangs will promote the resort’s indoor/outdoor living ethos, and unobstructed views of Arizona’s idyllic sunsets. The main pool, spanning nearly 400 feet, will be one of the longest resort pools in North America. A specialty dining concept will harvest seasonal produce from the resort’s anticipated herb garden and citrus orchard. Rounding out the offering will be a 16,000 square-foot spa with indoor/outdoor treatment areas, a 2,500 square-foot state-of-the-art health and fitness center, indoor/outdoor meeting and event space and a grand lawn with stunning views of the iconic Camelback, Mummy and McDowell mountains.

The Estate Homes and Villas make up the residential offering for a total of 120 Ritz-Carlton branded, serviced and managed residences. Residence owners will experience a “resort within a resort” as they will have their own Clubhouse that will encompass a spectacular common lounge area along with a junior Olympic sized-pool; gym facilities; private, beautifully landscaped grounds; a dedicated director of residences; concierge; priority access to hotel amenities, and a host of a la carte services such as in-residence dining, housekeeping and engineering services.

For more information on the Estate Homes, ranging in size from 5,500 to 10,000 square feet, contact The Residence Gallery (6720 N. Scottsdale Road, Suite 120) at 866,779-7489 or visit RCPVLuxury.com. The Gallery is open weekdays from 11 a.m. until 5 p.m. and weekends by appointment.

About Five Star Development

Founded in 1978 and headquartered in Scottsdale, Ariz., Five Star Development owns and develops projects in multiple real estate asset classes including hospitality, industrial, residential and retail in Arizona, California, Texas and New Mexico. For more information, visit www.fivestardevelopment.com.

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