By the end of 2011, you can expect to find a new and exciting mall beginning development in Goodyear, Arizona. As reported by Shopping Center Today and the International Council of Shopping Centers, Macerich plans to break ground on their latest project by the end of this year for a new regional mall, outlet center. Plans include three department store anchors, and the mall is expected to open in 2014.
Phoenix office space for rent is one of the chief businesses in the world of commercial real estate, but regional malls provide an important cultural forum for the general public to gather, shop, and socialize. Did you know that Arizona is home to several notable malls that are recognized nationwide?
1. Scottsdale Fashion Square is the largest shopping mall in Arizona, as well as the American Southwest, giving it the distinction of being one of the top 30 largest mall sin the country. Plus, it is reported to be one of the top 10 most profitable malls in the country with over $740 sales per square foot. Also owned by Macerich, the mall is known for its high-end retailers and is regarded by many fashionistas as the premier shopping destination in the Phoenix area.
2. Biltmore Fashion Park is located in Phoenix and spans over an open-air park with winding walkways, romantic landscaping, and beautiful fountains. It has been the premier shopping location for many Arizona residents for decades and provides upscale shopping destinations, as well as more accessible retailers and dining locations.
3. Desert Ridge Marketplace is a 110-acre outdoor mall that provides countless entertainment opportunities. Located in Phoenix, the distinctive mall features staple stores like American Eagle Outfitters and Pier 1 Imports, but it also hosts a variety of other attractions like a movie theater, rock-climbing wall, and large entertainment center.
At Camroad Properties
Are you interested in learning more about how you can benefit from Phoenix office space for rent? Contact a representative at Camroad Properties today. Our team of qualified business professionals are fully aware of the ins and outs of the office space industry and can help you find a property that will work for you.