You are here:  Home  >  Real Estate  >  Current Article

Seeking a revival: Metrocenter may get a new owner, but redevelopment will cost millions

Posted by   /  January 17, 2020  /  No Comments

    Print       Email

Metrocenter was once the Valley’s power mall. Now Phoenix officials are seeking a new owner willing to invest in the property’s redevelopment in a project that could take years.

By Corina Vanek | Phoenix Business Journal

Once upon a time, Metrocenter was the king of the Valley’s shopping malls.

As the largest mall in the Southwest in the 1970s, the Phoenix shopping center was packed with patrons browsing and buying among scores of stores.

Now, the nearly 47-year-old mall just off Interstate 17 and south of Peoria Avenue in Phoenix is becoming a decaying infestation that could afflict the surrounding area, at least according to a prominent city official.


    Print       Email
  • Published: 3 months ago on January 17, 2020
  • Posted by:
  • Last Modified: January 17, 2020 @ 4:37 pm
  • Filed Under: Real Estate
  • Tagged With:

Leave a Reply

You might also like...

CG P&Z approves new Holiday Inn

Read More →