Scottsdale Fashion Square To Be Renovated

By on October 11, 2022 0 443Views

Plans to renovate Scottsdale Fashion Square have been announced by Macerich, a major owner and operator in the retail field. The plans include extensive interior and exterior renovation of the south wing, and it will be the first work on the building since the wing opened in 2018.

Improvements to the wing will include creating a striking arrival point, luxury valet service, two-story storefronts, upscale new finishes, new natural stone flooring, and three spectacular custom light fixtures and recessed LED lighting.

The announcement of the renovation also marks the Scottsdale Fashion Square’s 60th anniversary as one of the most well-known shopping destinations in the area.

“Macerich is dedicated to consistently reinvesting in and elevating our top regional town centers, and Scottsdale Fashion Square is among the most productive in our portfolio,” said Tom O’Hern, Chief Executive Officer of Macerich.

“Scottsdale Fashion Square is already the region’s undisputed luxury leader, and the tremendous success of our luxury wing demonstrates the strong appetite among retailers and shoppers for even more high-end experiences throughout this top-performing property. This multi-phased project is part of Macerich’s long-term strategy, as well as the center’s own history, of continually reinvesting in our irreplaceable retail destinations. We see great opportunity to further extend our luxury presentation into the south wing to welcome more of the world’s best brands and experiences, in line with the outstanding demographics and growth in the Scottsdale-Phoenix market,” he continued.

In addition to the renovations on the south wing, Macerich is planning to build more mixed-use elements at Scottsdale Fashion Square on a seven-acre parcel north of the mall that reaches from Goldwater Boulevard to Scottsdale Road. These elements will include: high-end residential units, class A office space, and hospitality uses. It’s estimated that these improvements will employ thousands of people and generate millions of dollars of revenues for the community.