Key Facts & Features
| Description: | Paradise Valley Mall is located in northeast Phoenix, serving Carefree, Paradise Valley, and North Phoenix residents. Paradise Valley Mall is a regional shopping center with the ease of a single-level shopping experience. The Center also anchors a multi-use development known as Paradise Valley Urban Villages with combined retail square footage of over 3,084,000. Paradise Valley Mall is anchored by Dillard’s, JCPenney, Macy’s and Sears. In addition, Paradise Valley Mall has more than 150 specialty stores and restaurants including GAP, Ann Taylor, American Eagle Outfitters, Origins, Aveda, Limited Too! and Old Navy. Catering to the family, parents can relax by the Children’s Play Area as they watch children play or grab a bite to eat in the food court where children of all ages can experience the mall’s Coca-Cola Carousel. |
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| Redevelopment Overview: |
Paradise Valley Mall and Urban Villages will undergo a multi-phase redevelopment encompassing landscaping, signage, renovation and a new anchor. Phase I of the redevelopment will include renewed landscaping, a new sign package, the introduction of a new logo, and a renovation of Village Plaza. The landscaping will extend from the intersection of Tatum Boulevard and Cactus Road to Paradise Village Parkway in each direction. Palm trees and new desert landscaping will give the area an updated look. New and improved signage will also be installed at Paradise Valley Mall and each Urban Village, exhibiting a modern color palette and the new icon. Village Plaza, built in 1978, will be the first Urban Village to undergo a renovation as part of Phase I of the redevelopment. The new look will incorporate a stone façade and updated color palette. Phase II of the redevelopment centers around a new anchor for the former Macy’s building as well as interior improvements. Paradise Valley Mall will see improved lighting, flooring, furniture, fixtures, and entrance features. (More details and Urban Village remodel TBD.) |
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| Timeline: | February 2008
April 2008
Summer 2008
Fall 2008
2009
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| Location: | 4568 E. Cactus Road |
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| Size: | 1,222,802 million square feet (includes 4 anchors) |
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| Anchors: | Dillard’s, JCPenney, Macy’s, Sears |
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| Developer: | Westcor, a subsidiary of Macerich |
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| About Westcor: | Founded in 1969, Phoenix-based Westcor is a wholly owned subsidiary of Macerich. The largest owner-manager of commercial properties in Arizona, Westcor's portfolio currently consists of 18 million square feet of retail space at 28 shopping centers, including 11 super-regional centers, 3 specialty retail centers and 14 urban villages. The company has set the industry benchmark for ground-up shopping center development, such as Chandler Fashion Center, Prescott Gateway Mall and Scottsdale Fashion Square. Additional information about Westcor is available online at www.westcor.com. |

