Arizona’s dining scene is heating up and that sizzle is great news for property owners and investors. Valley-based Clive Collective (the team behind Old Town’s hit Cala and North Scottsdale’s speakeasy Tell Your Friends) just announced five new restaurants coming online over the next 18 months. More tables and more foot traffic often translate into higher demand for nearby housing, stronger retail rents, and a richer lifestyle story for buyers. Here’s the scoop ⬇️
📌 Fast Facts & Key Dates
Late Aug / Early Sept 2025 – Kuza (North Scottsdale)
Asian-inspired concept in the former Chauncey Social space near Mayo Blvd. & Scottsdale Rd.
Q1 2026 – Downtown Phoenix Triple Play (Roosevelt Row)
Ada (all-day café), Love Call (design-driven bar), and Kuza Tori (Japanese grill) will anchor the remake of the historic Stoddard-Harmon House block.
Q2–Q3 2026 – Cala at PV (Paradise Valley Mall redevelopment)
A more refined spin on Cala to match the upscale mixed-use Paradise Valley (PV) project.
🔑 Why This Matters for Real Estate
Neighborhood Appeal & Walkability
New chef-driven concepts boost a market’s “cool factor,” driving buyer and renter demand around North Scottsdale, Roosevelt Row, and Paradise Valley Mall, already in high demand.Retail & Mixed-Use Momentum
Dining anchors validate large redevelopments (CityNorth, Roosevelt Row, PV). Expect complementary retail, boutique office, and higher-density residential to follow.Employment & Talent Magnet
Clive Collective employs 300+ people today and growing. Hospitality jobs, plus the buzz they create, add fuel to Phoenix’s already strong in-migration story.Value-Add Play for Investors
Older buildings near new hot spots often see faster NOI growth after marquee restaurants open particularly in walkable urban pockets like Downtown Phoenix.
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