Paradise Valley, Arizona, January 8, 2026
The grand opening of Kimpton Miralina Resort & Villas in Paradise Valley marks a significant transformation following a $42 million renovation of the former Scottsdale Plaza Resort. This luxurious establishment enhances the region’s hospitality landscape and showcases the vital role of private investment in boosting the local economy. The renovation not only elevates tourism appeal but also supports local businesses, illustrating the entrepreneurial spirit of Arizona’s market. As the resort attracts leisure and business travelers, it reinforces the community’s momentum towards economic growth and innovation.
Paradise Valley, Arizona
Phoenix’s New Jewel: Kimpton Miralina Resort & Villas Opens
After a significant $42 million renovation, the former Scottsdale Plaza Resort emerges as the luxurious Kimpton Miralina Resort & Villas, marking a new era for Paradise Valley’s hospitality landscape and showcasing the power of private investment in fostering economic growth.
The recent grand opening of the Kimpton Miralina Resort & Villas in Paradise Valley represents a significant milestone for the region’s economy and its vibrant hospitality sector. This substantial private investment highlights the unwavering confidence that entrepreneurs and developers place in Arizona’s burgeoning market. Such large-scale projects not only enhance the tourism appeal of the area but also demonstrate how strategic capital infusion can revitalize existing assets, creating new opportunities and contributing to the overall prosperity of the Phoenix metropolitan area.
This endeavor underscores the spirit of innovation prevalent among Arizona AZ entrepreneurs, who continuously seek to elevate local offerings and attract further investment. The transformation of a long-standing property into a world-class destination is a testament to meticulous planning, significant financial commitment, and a vision for future growth, benefiting both the local community and visitors alike.
A Grand Transformation in Paradise Valley
The Kimpton Miralina Resort & Villas has officially opened its doors in Paradise Valley following an extensive $42 million renovation. This major undertaking transformed the property, which was formerly known as the Scottsdale Plaza Resort. The meticulous renovation process led to its rebranding, initially as Miralina Resort and Villas, Paradise Valley, before the Kimpton brand was integrated into its title. This strategic rebranding and significant investment aim to establish a new benchmark for luxury hospitality in the region.
Catalyst for Local Economic Growth
The substantial $42 million investment in the Kimpton Miralina Resort & Villas is a prime example of how private capital can act as a powerful catalyst for Phoenix AZ business expansion and job creation. Projects of this magnitude typically generate a wide array of economic benefits, from employment opportunities during the construction phase to sustained job growth in hospitality, tourism, and related services upon opening. This influx of capital not only elevates the quality of offerings but also signals a robust economic environment capable of supporting ambitious ventures.
Elevating Paradise Valley’s Hospitality Profile
The introduction of the Kimpton Miralina Resort & Villas significantly enhances Paradise Valley’s reputation as a premier destination. The resort, now operating under the esteemed Kimpton banner, is expected to attract a new segment of leisure and business travelers seeking high-end accommodations and experiences. This increased visitor traffic directly supports a variety of Phoenix small business ventures, including local restaurants, boutiques, and excursion providers, fostering a thriving ecosystem around the resort. The strategic decision to invest in and rebrand such a property reflects a forward-thinking approach to enhancing regional competitiveness in the luxury market.
Entrepreneurial Vision and Resilience
The journey from the Scottsdale Plaza Resort to the Kimpton Miralina Resort & Villas is a narrative of entrepreneurial vision and resilience. The commitment to a $42 million renovation, coupled with a comprehensive rebranding strategy, demonstrates a willingness to invest in the future and adapt to evolving market demands. Such initiatives are crucial for sustained economic development, providing models for other businesses to innovate and contribute to the growth of the Arizona economy. This project stands as a testament to the belief that with careful planning and significant private investment, existing assets can be reimagined to meet contemporary luxury standards and secure long-term success.
Looking Ahead: Sustained Economic Momentum
The opening of the Kimpton Miralina Resort & Villas is more than just the debut of a new hotel; it symbolizes ongoing economic momentum in the Phoenix metropolitan area. Such developments reinforce the appeal of Arizona as a destination for both residents and visitors, contributing to a dynamic economic landscape. By championing projects that showcase innovation and private sector leadership, the community can continue to foster an environment ripe for growth, prosperity, and enhanced quality of life. The success of ventures like this encourages further investment and entrepreneurial spirit, ensuring a vibrant future for the region.
The Kimpton Miralina Resort & Villas stands as a beacon of renewed investment and entrepreneurial spirit in Paradise Valley. This significant transformation underscores the power of private capital to revitalize existing assets, create economic opportunities, and elevate the community’s profile. We encourage our readers to explore this new addition to Arizona’s luxury hospitality scene and continue supporting the innovative Arizona AZ entrepreneurs who are shaping our region’s future. Stay engaged with HEREPhoenix.com for more insights into how local businesses and developments are contributing to Phoenix’s economic growth.
Frequently Asked Questions
What is the new name of the resort in Paradise Valley?
The new name of the resort is the Kimpton Miralina Resort & Villas.
What was the previous name of the Kimpton Miralina Resort & Villas?
The property was formerly known as the Scottsdale Plaza Resort.
How much was invested in the renovation of the resort?
The resort underwent a $42 million renovation.
Where is the Kimpton Miralina Resort & Villas located?
It is located in Paradise Valley, Arizona.
When did the Kimpton Miralina Resort & Villas open?
The Kimpton Miralina Resort & Villas opened around January 7, 2026.
Key Features of Kimpton Miralina Resort & Villas
| Feature | Details |
|---|---|
| Location | Paradise Valley, Arizona |
| Current Name | Kimpton Miralina Resort & Villas |
| Previous Name | Scottsdale Plaza Resort |
| Renovation Cost | $42 million |
| Opening Date | Around January 7, 2026 |
| Branding Process | Rebranded from Scottsdale Plaza Resort to Miralina Resort and Villas, Paradise Valley, then Kimpton added to title |
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Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
