The Copper State has given the OK for the redevelopment of the Paradise Valley Mall from the Copper State this past Wednesday.
The Copper State: Rezone the 91-acre Property
Owning the mall and many other malls, Macerich was in charge, it was around the Valley in Phoenix, Arizona. In fact, the RED Development there was a request to rezone the 91-acre property. The goal was to allow for the building of residential and commercial buildings. This included apartments, office space, a grocery store, restaurants, and retail stores.
The rezoning request and the potential for the development plans reporting on by ABC15 in November. Then in December, there was a shared conceptual rendering of what the redevelopment could look like.
Preliminary Plan Details
The preliminary plans, Alan Stephenson saw as a combination of Desert Ridge and Kierland Commons. They both mixed lifestyle and commercial elements. Stephenson told ABC15. He is the director of the city’s planning and development department.
Last Wednesday, Stephenson told ABC15 in an email that, in fact, demolition of the mall would begin with the Sears department store. Then it could start as early as the spring or summer. Moreover, he said construction of the first phase was going to begin in the fall.
Paradise Valley Mall is Part of an Attractive Phoenix Neighborhood
Plans have not been officially announcing to redevelop the shopping center or construction timeline by Macerich. Yet, in a previous statement to ABC15, a spokesperson said: Paradise Valley Mall has been part of this attractive Phoenix neighborhood. As well as part of the Macerich portfolio, for more than 40 years. Therefore, for some time, as the shopping center landscape has been changing and growing, Macerich said he has been looking over a range of development opportunities for this massive, well-positioning property.”
“Right now, Macerich is checking into future redevelopment scenarios that will be a fantastic fit for this community. Then, going forward, responding to market demand,” the statement said.
On this past Wednesday afternoon, ABC15 reached out to Macerich for comment on the City Council’s approval.
Nearly all of the mall’s anchor tenants have either closed or announced their plans to close in recent months and years. Then, several stores inside the mall has since gone out of business.