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Phoenix & Southwest  + Arizona  + Hospitality  |  March 21, 2025
Lake Havasu development to build resort on Colorado River
Mike Boyd
By: Mike Boyd

Lake Havasu Developer Seeking Zoning for Resort

Developer FalconEye Ventures is planning a mixed-use resort development on 90 acres at Beachcomber and McCulloch Blvds. in Lake Havasu. The development will be centered around a shoreline resort and will feature four types of residential components and a variety of general retail and restaurant options. It’s just down from the iconic Nautical Inn.

AZBEX reports the company bought the land, currently zoned for a golf course and 78 acres of right-of-way, for $24 million in 2023 in a state land auction. The current zoning is for parks/open space. The developer is seeking a major General Plan amendment to resort-related island, resort residential and commercial mixed-use, along with a rezoning to Island Body Beach planned development overlay.

The preliminary development team is comprised of FalconEye Ventures and design firm Nelsen Partners.

The residential components could range from single-family homes to townhomes and apartments. The development will have a boat launch ramp and public parking next to the resort.

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Falcon Eye

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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