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A plan to redevelop an old office park along the Camelback Corridor stands on hold while developers address concerns from a neighborhood group. The CamelSquare development, announced in September by Phoenix-based M3 Cos., includes plans for luxury condos, a boutique hotel, a medical office park and stores. At issue is the height of the proposed project, which at its highest point is 98 feet, or nine stories. The property now has buildings two stories tall. Scott Schirmer, an M3 partner, said the company has been working closely with neighbors in the area near the development to create a cozy neighborhood spot with amenities such as restaurants and boutique shops. More…