An attorney representing Sandor Development outlined for the Planning and Zoning Commission the developer’s plan to revitalize the struggling Four Peaks Plaza on Shea Boulevard in Fountain Hills and salvage an underperforming Target store that anchors the plaza.
The proposal calls for the redevelopment of the western portion of the plaza with a four-story, 316-unit apartment complex.
Commission members, however, found the request to rezone the property to allow the apartments unacceptable, raising concerns about density, parking and whether it would accomplish the objective of business retention. They voted 2-4 on the motion to approve and recommended the Town Council deny the rezoning PAD.
