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From Los Arcos to Paradise Valley to Metrocenter, Phoenix-area mall sites are making a comeback

 From Los Arcos to Paradise Valley to Metrocenter, Phoenix-area mall sites are making a comeback

Although the popularity of the classic two-story, enclosed mall surrounded by acres of parking lots has waned and anchor stores have shuttered, developers have stepped in to revitalize many of the properties. Redevelopment often includes apartments, such as in the case of plans for Metrocenter—which will include more than 2,600 units—and Paradise Valley Mall, which will include a luxury residential and fitness concept by Life Time Fitness, among other housing. A real estate investor also has submitted plans to bring the old Fiesta Mall site in Mesa back to life with multifamily housing, office space, and commercial and open space.

Source: https://www.azcentral.com/story/news/local/phoenix/2023/04/30/metro-phoenix-malls-are-undergoing-major-changes-heres-whats-new/70140088007/

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