Silver Sky Development Breaks Ground on Luxury Community in Paradise Valley, AZ

12-Estate Ultra-Luxury Development Announces the Start of Construction on Modern Luxury Homes With Sweeping PV Views 

PARADISE VALLEY, ARIZ. (June 20, 2024) – Luxury home developer Silver Sky Development celebrated its official groundbreaking on Wednesday, June 12, 2024, with appearances by Paradise Valley Town Mayor Jerry Bien-Willner and Vice Mayor Mark Stanton.

Situated on 18 acres in one of Arizona’s most desirable towns, Silver Sky is a 12-parcel neighborhood located at the base of Mummy Mountain. It marks Paradise Valley’s newest and most exclusive luxury community. With the streets recently paved and the infrastructure now complete, Silver Sky Development plans to begin building homes this summer, starting with an award-winning $18 million showcase home called Nova.

Designed by Stratton Architects, Nova is an 11,965-square-foot classic European estate featuring six bedrooms, ten bathrooms and a large wellness center with a sauna, steam and cold plunge. The home also features a private backyard pickleball court. It will be followed in construction by a 9,000-square-foot resort-style estate, Aquarius, designed by Drewett Works, which features 17-foot floor-to-ceiling glass doors that pocket into the walls, opening the home entirely to stunning views along with a large rooftop viewing deck.

Silver Sky is being brought to life by an esteemed team of developers, Heriberto Velasquez and Jeremy Takas. “We are so excited to begin construction and take these next steps toward our vision to create a luxury residential community featuring world-class architecture on some of the last vacant land in Paradise Valley,” said Takas. “It’s been an honor to have played a role as we have reshaped the fingerprint of this incredible Town.”

Four parcels are already under contract as eager buyers quickly seized the opportunity to design and build their custom homes amongst the individually gated Silver Sky community. Only one lot remains available for buyers seeking to build within the Silver Sky walls, a 1.5-acre flat corner lot currently listed for $5 million.

To express interest in Silver Sky and learn more, contact RETSY’s Babbi Gabel at, Kirk Linehan at or Chris Morrison at, or call 480.269.0210.

About Silver Sky Development:

Silver Sky Development is dedicated to creating luxurious residential communities with world-class architecture and unparalleled attention to detail. By deliberately and purposefully pursuing high-quality and exceptional results, Silver Sky’s commitment to excellence and opulence has made us a trusted partner for colleagues and clients worldwide.

For more information about Silver Sky Development and our showcase homes, please visit our website at