SCOTTSDALE, AZ—The Maricopa County board of supervisors hasapproved the transfer of the concessionaire management agreementfor Scorpion Bay Marina at Lake PleasantRegional Park from to Desert TroonCompanies. The agreement names Desert Troon Companies as aconcessionaire until 2040, and marks the next phase of developmentfor the popular marina.

Daniel Smith, CEO of Desert Troon Companies,tells GlobeSt.com: “This project is right in our backyard andpresents an opportunity for Desert Troon Companies to enhance thequality of life for our own community by creating long-term,environmentally sensitive amenities and services.”

The agreement involves approximately 200 acres of lake and landsurrounding Scorpion Bay Marina, 300 existing wet slips, arestaurant, ship store and various other administrative buildingsand structures. As part of the agreement, Desert Troon Companieswill have the opportunity to invest in necessary physicalimprovements, expand services and amenities for the park'sapproximately 800,000 annual visitors.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.