New development partner joins Metrocenter redev

By Audrey Jensen | Phoenix Business Journal

Scottsdale-based Diversified Partners LLC is the latest company to join the robust team spearheading the redevelopment of Metrocenter to build 140,000-square of new retail space as the developers kick off demolition of the 50-year-old mall.

The $850 million transit-oriented project, called the Village, is set to bring more affordable housing options and a large mix of stores, restaurants and entertainment uses centered around a large public park and plaza across 65 acres in Phoenix.

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