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.
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
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
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.