Main Content

The Paradise Valley Mall Redevelopment Project Is Very Exciting

Paradise Valley Mall Reimagined

The Paradise Valley Mall, an iconic shopping center in Phoenix, is undergoing a transformation. Spearheaded by Phoenix-based RED Development, this ambitious project aims to revitalize the area with a blend of residential, retail, and recreational spaces. The redevelopment is not just a facelift. It's a complete re-envisioning of the mall’s role in the community. And it's awesome.

A New Chapter Begins

The first phase of redevelopment is underway, marking a pivotal moment in the mall's history:

  • The Blake by StreetLights Residential: 400-Unit apartment complex.
  • Whole Foods Market: Bringing quality grocery options to the area.
  • Harkins Ciné Grill™ Dine-In Theater: Adding an entertainment facet to the mall.
  • Sold Land for Development: 20 acres sold to StreetLights Residential for $17.55 million.
  • Long-Term Involvement by RED: Echoing their success with CityScape in downtown.

This redevelopment is reshaping the Paradise Valley Mall into a modern urban core. Also on board are/is: Trevor's, Blanco, Flower Child, Aveda, Wren House, Frost Gelato Shoppe, and Sephora.

Rendering of Paradise Valley Mall.

Image Credit: RED Redevelopment

Offerings & Partnerships

The project is a kaleidoscope of opportunities and collaborations:

  • Multifaceted Development: Retail, apartments, office, and hospitality sectors.
  • Surpassing Expectations: High demand from local and national groups.
  • National Attention: Thanks to the mall's location in an opportunity zone.
  • Additional Tenants in Negotiation: Promising a diverse mix of businesses and services.

The project's scope goes beyond simple redevelopment; it's about creating a vibrant community.

Also Read: White House Names Phoenix One Of Five US Workforce Hubs

Life Time Apartments at Paradise Valley Mall.

Image Credit: RED Redevelopment

Life Time’s Involvement

Life Time's participation in the Paradise Valley Mall redevelopment is a game-changer. With 300 luxury apartments, it will offer blend luxury living with wellness. This marks a significant shift in the mall's trajectory, turning it into a multifaceted destination. Here's a closer look at what Life Time brings to the table:

  • Extensive Array of Luxury Apartments: Offering more than 300 upscale living spaces.
  • Variety of Unit Sizes: Ranging from one- and two-bedroom units to spacious penthouses.
  • Holistic Wellness Facilities: Including a 92,000-square-foot athletic country club.
  • Diverse Amenities: Featuring work-from-home lounges, a private dining room, and a yoga/fitness studio.
  • Exclusive Leisure Options: A jacuzzi pool, cabanas, firepits, and a dog park for relaxation and recreation.
  • Sustainable Living Features: EV charging stations for eco-friendly transportation.
  • Wellness and Nutrition Services: Access to wellness professionals and weekly meal deliveries.
  • Vibrant Fitness Community: With group fitness, personal training, and a rooftop beach club.
  • Strategic Location: Steps away from the mall, enhancing convenience and lifestyle.


Also Read:Cherry On Top – Fendi Buyers Will Have To Wait Until Fall 2024

Rendering of Harkins Ciné Grill in PV Mall.

Image Credit: RED Redevelopment

Harkins' Innovative Ciné Grill

Now, for the fun part! The introduction of Harkins Ciné Grill™ at the Paradise Valley Mall adds a new dimension to the moviegoing experience. This theater will blend immersive cinema with gourmet dining, elevating entertainment to new heights. Good times will include:

  • Dine-In Movie Experience: Combining movies and dining for an immersive experience.
  • Craft Kitchen and Cocktail Bar: Offering made-to-order dishes and curated cocktails.
  • Local Beer and Wine Selections: A thoughtful range of beverages to complement the meal.
  • Discreet Order Delivery: Ensuring a seamless experience without movie interruptions.
  • Harkins Ultimate Loungers®: Premium seating for the utmost comfort during the show.
  • Culinary Dining During Movies: Enhancing the movie experience with high-quality food.
  • Full-Service Menu: A diverse range of options to cater to all tastes.
  • Enhanced Moviegoing Experience: Marrying the art of cinema with culinary excellence.

Looking Ahead

With construction expected to begin in early 2024, the project's completion is anticipated in phases:

  • Office and Residential Openings: Targeted for mid-2024 and 2026 respectively.
  • Continued Development: Plans for a central park, dining, hotels, etc.
  • A Community Hub: Redefining the mall as a work, live, and play destination.

The Paradise Valley Mall redevelopment will improve the local community. Big time. This project is a bold step towards redefining urban living in Phoenix, Arizona. It will showcase innovation and forward-thinking in urban development. Here at Williams Luxury Homes, we're happy to see it coming to life. If you have any questions about 'The Valley', let us know.

Written by Aaron Auxier

Aaron has been a licensed real estate agent since 2004. Additionally, as a Topical Expert to the media, Aaron has made 50+ appearances in the MSM including Fortune, CNBC, New York Times, Forbes, ET, Travel Channel, and Nat Geo.

Send Us A Message

Put Yourself On The A-List & Access The Keys To Arizona’s Finest Properties