07/21/07
Filed under:
General,
Business,
Real Estate
Posted by:
Lillian Wong @ 7:05 pm
A two-alarm fire believed to have been started by lightning badly damaged the storied Mountain Shadows Resort in Paradise Valley, but won’t deter controversial plans for a hotel and homes on the site. The fire, which started in a vacant, 8,000-square-foot, single-story building about 11:30 p.m. Monday, is one of several structures the developer planned to tear down for the redo. Covering 68 acres, the Mountain Shadows Resort has been a Paradise Valley landmark since its opening in 1959. All except the clubhouse and golf course closed in 2004 due to low revenue and now is in the center of a battle between the developer and Paradise Valley residents. More…
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