Editing Scottsdale, Arizona (section)

===Cityscape===
[[File:Bronze Horse Fountain in Scottsdale, AZ.jpg|thumb|Bronze Horse Fountain]]
The city is loosely divided into four areas: South Scottsdale (McKellips Road north to Thomas Road),<ref name="south scottsdale">Koeppel, Geri. "[http://www.azcentral.com/realestate/articles/2008/12/01/20081201biz-re-southscottsdale1130-ON.html Older area of Scottsdale has built-in value]." ''[[Arizona Republic]].'' November 30, 2008. Retrieved on December 3, 2008</ref> Old Town (Downtown) Scottsdale, Central Scottsdale (also known as the "Shea Corridor,"<ref name="shea corridor">City of Scottsdale Shea Area Plan."[https://www.scottsdaleaz.gov/planning-development/long-range-planning/character-area-plans/shea-area City of Scottsdale – Shea Area Plan] {{Webarchive|url=https://web.archive.org/web/20191203045209/https://www.scottsdaleaz.gov/planning-development/long-range-planning/character-area-plans/shea-area |date=December 3, 2019 }}.''Retrieved on December 2, 2019</ref> extending from Camelback Road north to Shea Boulevard), and North Scottsdale.

South Scottsdale has for many years been the working-class neighborhood. The median resale home price is US$291,500, compared to $667,450 in North Scottsdale.<ref name="medianhomeprice">Butler, Jay; Lambrakis, Christine. "[http://www.poly.asu.edu/news/2005/09/14/ Greater Phoenix August Resale Market Housing Price Increases Slow]." ''[[Arizona State University]].'' September 14, 2005. Retrieved on August 9, 2006.</ref> Part of McDowell Road in South Scottsdale used to be known as "Motor Mile," having at one time 31 dealerships on the street. The strip at one time generated over $10&nbsp;million in sales tax revenue each year and was one of the most profitable auto-miles in the United States. In recent years, many of these dealerships have left the city, including 6 in 2008 alone.<ref>{{Cite web|url=http://archive.azcentral.com/business/abg/articles/2009/02/26/20090226abg-sr-automalls0226.html|title=Auto dealerships get new purpose|website=archive.azcentral.com}}</ref><ref>{{Cite web|url=http://archive.azcentral.com/arizonarepublic/business/articles/2009/03/21/20090321biz-sr-cardinale0321.html|title=Airpark loses GM dealership|website=archive.azcentral.com}}</ref> South Scottsdale is the home to a new research center for [[Arizona State University]] known as ''SkySong'', a collaboration between the university, local business, and global companies.<ref>{{Cite web|url=https://www.skysong.com/|title=SkySong Center – The ASU Scottsdale Innovation Center|website=www.skysong.com}}</ref> The development has attracted the research and development arms of a number of international corporations.<ref name="skysong">"[http://www.skysongcenter.com/news/020107_overview.pdf SkySong: Project Overview] {{Webarchive|url=https://web.archive.org/web/20070418165339/http://www.skysongcenter.com/news/020107_overview.pdf |date=April 18, 2007 }}." ''[http://www.skysongcenter.com/ skysongcenter.com].'' February 2007. Retrieved on April 29, 2007.</ref>

Old Town Scottsdale is an area with many streets, old-fashioned stores, restaurants, bars, nightclubs, and art galleries. It contains the major nightlife for the area and is a major art center of metro Phoenix. Scottsdale's main cultural district is also in this area, which includes the high-end [[Scottsdale Fashion Square]], one of the country's 20 largest malls.<ref>"[http://www.easternct.edu/depts/amerst/MallsLarge.htm Largest Shopping Malls in the United States (2004)] {{Webarchive|url=https://web.archive.org/web/20090221020832/http://www.easternct.edu/depts/amerst/MallsLarge.htm |date=February 21, 2009 }}." ''American Studies, [[Eastern Connecticut State University]].'' December 17, 2005. Retrieved on August 9, 2006.</ref> The district has {{when|date=March 2017}} seen a revival, with new condominiums and hotels under construction.

The Shea Corridor is so named because it is in close proximity to the east-west Shea Boulevard. The houses in this region were generally built during the 1970s. Real estate in the Shea Corridor (Central Scottsdale) has increased during the 1990s, and overall, the Phoenix-Mesa-Scottsdale real estate market [[United States housing bubble|saw the largest gain in house prices in the nation]] during the mid-2000s with a 38.4% increase in value.<ref>Christie, Les. "[https://money.cnn.com/2006/05/15/real_estate/NAR_firstQ2005_home_prices/ Real estate cools down]." ''[[CNN]]  Money.'' May 16, 2006. Retrieved on July 6, 2006.</ref> A number of communities in this central region of Scottsdale remain among the most highly desired residential areas in the metropolitan area, including Gainey Ranch and McCormick Ranch. A large portion of Scottsdale Road in the Shea Corridor has been dubbed the ''Resort Corridor'' for the high number of resorts on the street. The second [[Ritz Carlton]] in the Phoenix metropolitan area will be along this corridor.<ref>{{cite news| title = Ritz-Carlton to build $400 million Scottsdale resort-residential complex| newspaper = USA Today| date = June 22, 2006| url = https://www.usatoday.com/travel/news/2006-06-22-ritz-scottsdale_x.htm| access-date = September 1, 2008}}<br>- {{cite news|title=Ritz-Carlton developer won't appeal ruling |url=http://www.azcentral.com/community/scottsdale/articles/2008/07/15/20080715neritz0716-ON.html|first=Diana|last=Balazs|newspaper=The Arizona Republic|date=July 15, 2008 |access-date=September 1, 2008}}</ref>
[[File:Scottsdale SW012.jpg|thumb|Lakeside community on the Shea Corridor]]

North Scottsdale is the most actively developed area of Scottsdale, as it was historically the least built up. This part of the city also claims many of the most expensive houses in Arizona, with many exceeding $5&nbsp;million in value.{{citation needed|date=September 2014}} The city's borders are rapidly expanding to the east and west in this area, containing the McDowell Mountain range. Much of the residential boom in North Scottsdale is driven by available land to build coupled with the fast growth of ''Scottsdale Airpark'', the second largest employment center in the Phoenix metropolitan, as of 2008.<ref>{{Cite web|url=http://www.scottsdalechamber.com/eoffice/taf/_sacc2.taf?_menu=page&mnid=saccpage&smid=1200930061&vurl=scottsdalechamber|title=Scottsdale Area Chamber of Commerce<!-- Bot generated title -->|access-date=March 8, 2008|archive-date=March 19, 2008|archive-url=https://web.archive.org/web/20080319013723/http://www.scottsdalechamber.com/eoffice/taf/_sacc2.taf?_menu=page&mnid=saccpage&smid=1200930061&vurl=scottsdalechamber|url-status=dead}}</ref> The Scottsdale Airpark, home to over 55,000 employees, 2,600 businesses and {{convert|23000000|sqft|m2}} of office space is expected to continue growing by over 3,000 employees per year.<ref>{{Cite web|url=http://www.azcentral.com/arizonarepublic/business/articles/1201biz-airpark1201.html|title=50,000 work in airpark area<!-- Bot generated title -->|access-date=March 8, 2008|archive-date=February 25, 2007|archive-url=https://web.archive.org/web/20070225050355/http://www.azcentral.com/arizonarepublic/business/articles/1201biz-airpark1201.html|url-status=dead}}</ref> Many important companies are headquartered or have regional headquarters in the park, including [[Acronis]], [[AXA]], [[GE Capital]], [[DHL Express|DHL]], [[Discount Tire Company]], [[Fidelity Investments]], [[Blue Yonder]], [[The Vanguard Group]] and [[Quicken Loans]].