Plans Revealed for Paradise Valley Mall Redevelopment

A end of an era for Paradise Valley Mall has come to an end, but redevelopment plans are in the works for the area’s makeover.

The mall opened in 1978 and shuttered its doors in the spring of 2021.

The 100+acre project located at Tatum Boulevard and Cactus Road in Phoenix will be a mixed-use site called “PV.”

RED Development announced new details on the massive redevelopment that is currently underway saying the first phase of the project will open in mid-2024 and will feature a 400-residence upscale apartment building by StreetLights Residential, three restaurants and a dine-in Harkins Theatre. Phase one will also include a  3+acre central park and community gathering place near the heart of dining, entertainment and retail establishments. The area will have lush landscaping and connect open spaces with walking paths. The area will also feature a pavilion for performances, events and community activities.

The apartment building will break ground before the end of February.

Apartment floor plans will offer studios, one-, two- and three-bedroom floorplans ranging in size from 504 to 1,750 square feet. The apartment will include spacious walk-in closets, 10-foot ceilings, full-size washer and dryers, smart door locks and oversized patios and balconies with mountain views. Residents will enjoy kitchens stainless steel GE appliances, quartz and granite countertops, ceramic tile backsplashes and contemporary custom cabinetry.  The community lobby will feature a resident clubroom with a full-service bar, a fitness/flex center, dry-clean drop off, a pet park and an indoor pet spa. Residents will enjoy the resort-style swimming pool and deck complete with fire pits, cabanas, lounge seating and a quick and simple walk  to grocery and retail stores.

The development will be built out in multiple stages.

After the initial phase is completed,  the development will move onto to add  office, additional retail and residential, hospitality, and entertainment options. For more information about PV, visit pvPHX.com.