Scottsdale is a city in the eastern part of Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale is regarded as an upscale tourist and shopping destination and as a representation of western American style. The New York Times described downtown Scottsdale as "a desert version of Miami's South Beach" and as having "plenty of late night partying and a buzzing hotel scene."[2] It is bordered to the west by Phoenix and Paradise Valley, to the north by Carefree, to the south by Tempe, and to the east by Fountain Hills and the Salt River Pima-Maricopa Indian Community.
According to the 2008 Census Bureau estimates, the population of the city was 242,790.
Cityscape
The city is loosely divided into four areas: South Scottsdale (McKellips Road north to Chaparral Road), Old Town (Downtown) Scottsdale, Central Scottsdale (also known as the "Shea Corridor," extending from Chaparral Road north to Shea Boulevard), and North Scottsdale. The real estate market in Scottsdale is among the most expensive in the United States. In 2005, both Scottsdale and Paradise Valley were among the top ten markets in the nation for luxury home sales, and the only two cities outside of California. Paradise Valley was ranked ninth with $637 million in luxury home sales, while Scottsdale was ranked tenth with $594 million in luxury home sales.
South Scottsdale has been known for many years as more or less the working class region of Scottsdale, although today it is transforming into a dynamic urban area. It contains the major nightlife for the area and is a major art center of metro Phoenix. The median resale home price is $291,500, compared to $667,450 in North Scottsdale. A portion of McDowell Road in South Scottsdale is known as '"Motor Mile,'" with 32 dealerships represented along the street. The strip generates over $10 million in sale tax revenue each year and is one of the most profitable auto-miles in the United States. South Scottsdale will also soon be home to a new research center for Arizona State University, known as Sky Song. The development has attracted the research and development arms of a number of international corporations.
Old Town Scottsdale is an area with many streets, stores, restaurants, bars, nightclubs, and western art galleries evoking the old cowboy era. Scottsdale's main cultural district is also in this area, which includes the high-end Scottsdale Fashion Square Mall, one of the twenty largest malls in the United States. The district has currently seen a revival, with new condominiums and hotels under construction.
North Scottsdale is currently the most actively developed area of Scottsdale as it was historically the least built up. This portion of the city also claims many of the most expensive homes in the country, with many exceeding $5 million in value. The city's borders rapidly expand to the east and west in this area, containing the McDowell Mountain range. Troon is a large-scale development in North Scottsdale. Much of the residential boom in North Scottsdale is driven by the fast growth of Scottsdale Airpark, the second largest employment center in the Phoenix metropolitan, and estimated to become the largest by 2010. The Scottsdale Airpark, home to over 55,000 employees, 2,600 businesses and 23 million square feet of office space is expected to continue growing by over 3,000 employees per year. Many important companies are headquartered or have regional headquarters in the park, including AXA, GE Capital, DHL, Discount Tire Company, Fidelity Investments, JDA Software and The Vanguard Group.
