Announced

IKONIC Scottsdale

IKONIC Scottsdale is a 14-story, 245-unit luxury rental tower rising at the corner of North Scottsdale Road and Bell Road in North Scottsdale, Arizona.

Official Website
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TMW IntelligenceVerified Sep 27, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2026
Start
~2028
Completion
245
Units
14
Floors

Financed with $141M in 06.26.

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Details

16640 North Scottsdale Road, Scottsdale. 14 floors and 245 residences. Broke ground 2026, targeting 2028. Financed with $141M in June 2026.

The story so far
Announced Dec 2021Not yet broken ground — $141M construction loan closed June 2026, groundbreaking "coming soon," prior grading permit lapsed; entitled Dec 2021 as Scottsdale & Bell Multifamily. Demote from construction.
hamptonaz.com
Financing secured Jun 3, 2026$141M construction loan (senior mortgage Bank OZK, mezz Related Fund Management, arranged by Greystone) closed for the 14-story, 245-unit rental tower; construction not yet started. Address/specs backfilled.
globenewswire.com
Expected groundbreaking 2026
Expected opening 2028 est.
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 62 · ElevatedScottsdale marketMarket →
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About the project

IKONIC Scottsdale is a 14-story, 245-unit luxury rental tower rising at the corner of North Scottsdale Road and Bell Road in North Scottsdale, Arizona. Designed by Gensler and built by Gilbane Building Company for developer The Hampton Group, the tower offers one-, two-, and three-bedroom residences averaging roughly 1,062 square feet, each with a private balcony framing views of the McDowell Mountains, downtown Scottsdale, and TPC Scottsdale. A hospitality-inspired amenity package includes a 24/7 concierge, a resort-style rooftop pool and spa, a fitness center, a co-working lounge, and a dramatic double-height lobby. Positioned to become the tallest and most luxurious apartment tower in North Scottsdale, IKONIC sits minutes from The Promenade, Kierland Commons, and Scottsdale Quarter.

Developer & design
Developer
The Hampton Group
Design
Gensler
The Scottsdale market 62 · Elevated supplyNorth Scottsdale 7-project pipeline · 5,411 residences and keys · peak Late ’27 Explore the market →
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Common questions

Frequently asked

Where is IKONIC Scottsdale located?

IKONIC Scottsdale is located in Scottsdale.

When will IKONIC Scottsdale be built?

IKONIC Scottsdale is an announced development that has not yet started construction, targeting completion in 2028 (a TMW estimate).

Who is developing IKONIC Scottsdale?

The Hampton Group is the developer behind IKONIC Scottsdale.

Who designed IKONIC Scottsdale?

IKONIC Scottsdale was designed by Gensler.

How big is IKONIC Scottsdale?

IKONIC Scottsdale rises 14 stories with 245 residences.