By Arizona State University | AZ Big Media
Paradise Valley Mall, an iconic shopping mall and northeast Phoenix retail landmark, has shuttered its doors for good to make way for a future mixed-used development.
The corporation that owns the 92-acre property announced its closing March 29 after first opening in 1978. The indoor shopping mall, which included department stores, boutiques, movie theaters and a food court and which helped introduce Chick-fil-A to the Phoenix market, will be radically transformed in the upcoming months. New uses will include a “high-end grocery, restaurants, multifamily residences, offices, retail shops and other elements,” according to a press release issued by Macerich, which sold the property to Phoenix-based real estate company RED Development and will retain a 5% joint venture interest on the project.
