The pandemic has not rocked the Palmeraie. Five StarDevelopment's $2 billion mega luxury development inScottsdale, a submarket of Phoenix, was able to work through thechallenges brought on by the pandemic and the restrictions thatcame with it. Now, it remains on track to open phase one at the endof the year.

"Once the pandemic hit, Five Star pivoted in order toproactively adjust, reconfigure and elevate certain elements of theproject to better cater to the safety, health and wellness offuture guests, shoppers, office workers and residents,"Richard Frazee, head of construction at Five StarDevelopment, tells GlobeSt.com.

The developer also made two changes to the project to focus onhealth and wellness. First, it added ionized air to Paradise Valleyand all 81 residential Villas. "We purchased over a thousandsystems from a leading manufacturer, whose research shows itsionizer eliminates over 95% of airborne viruses and bacteria within60 minutes using bipolar ionization technology to proactivelypurify indoor air," says Frazee. "Charged ions trigger celloxidation, reducing airborne mold, bacteria and virus cellsessentially sanitizing 24-hours a day." Next, Additionally, thedeveloper made all access and touch points at the propertytouchless. That includes all entrances, restrooms and amenityareas.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.