$250 million hotel, residential development planned for Old Town Scottsdale
“A $250 million, 7-acre mixed-use development with a hotel, residential complexes and a community open space could replace an abandoned transit station and parking lot in Old Town Scottsdale. Plans submitted to the city of Scottsdale by Canada-based Macdonald Development Co. include a 150-foot-tall hotel and four residential buildings, three of which are planned to…