Glam Renovation Planned for Scottsdale Shopping Mall
ByScottsdale Fashion Square (PRNewsFoto/Macerich)
Scottsdale, Ariz.—Macerich has big plans for its most upscale shopping center in the Greater Phoenix area.
The Santa Monica, Calif.-based retail developer and operator is set to embark on a phased project that aims to enhance the iconic Scottsdale Fashion Square, one of the top 10 most profitable shopping malls in the country.
“Macerich is capitalizing on the strong growth in Scottsdale and greater Phoenix to enhance our market-dominant retail property. Already Scottsdale Fashion Square is the region’s undisputed luxury leader, and we see significant opportunity to better serve this attractive and buoyant metropolitan area for the long term,” said in a prepared statement Art Coppola, Macerich chairman & CEO…