This article originally appeared in the Phoenix Business Journal.
Walton Global is looking to bring a living room feel to guests and surrounding residents at a reimagined Paradise Valley hotel.
Nine months after acquiring the Smoke Tree Resort, the Scottsdale-based real estate investment company is ready to move forward on plans for redeveloping the property. Built in 1954, the shuttered hotel at 7101 E. Lincoln Drive will be demolished to make way for a new 82-room boutique hotel, which will feature a bistro that will be open all day and a dinner-only, fine-dining restaurant. The eating establishments will be brought by Matt Carter,the restaurateur and partner of The Mission, Zinc Bistro and Fat Ox.