Macerich has announced the next phase of ongoing reinvestment in its Scottsdale Fashion Square.
Plans include an extensive interior and exterior renovation of the south wing, building on the successful first phase that launched the property’s luxury wing in 2018, according to a press release.
New, complementary uses coming soon to Scottsdale Fashion Square include high-end fitness and wellness destination Life Time Scottsdale and the new Caesars Republic Scottsdale boutique hotel.
The Oct. 6 announcement also marks the end of the 60th anniversary of Scottsdale Fashion Square — the diamond jubilee of Arizona’s most distinguished and successful retail destination.
“Macerich is dedicated to consistently reinvesting in and elevating our top regional town centers, and Scottsdale Fashion Square is among the most productive in our portfolio,” said Tom O’Hern, chief executive officer of Macerich.
Specifically, the next phase of the property’s multi-dimensional project announced will update and redefine the south wing anchored by Nordstrom. Scottsdale Fashion Square will extend its luxury presentation beyond the luxury wing itself, creating a striking arrival point, complete with luxury valet service, at the property’s most active entrance.
Also planned for this phase are two-story storefronts and exterior-facing retail buildings at the south entrance, and a porte cochere that will incorporate up to five destination restaurants.
By every measure, the luxury wing that debuted at Scottsdale Fashion Square in November 2018 has been a success, the press release stated, attracting an enviable collection of new-to-market, pure luxury retailers and restaurants including Dior, Saint Laurent and Nobu and spurring top luxury brands already at the property — from Louis Vuitton, St. John, Jimmy Choo, Bottega Veneta and many others — to recommit, expand and renovate their stores.
“Scottsdale Fashion Square is the very definition of luxury retail in the Southwest, with nearly 50 of the finest luxury and contemporary brands including Cartier, Bottega Veneta, Louis Vuitton, Gucci, Balenciaga, Christian Louboutin, Bulgari and Prada, alongside our top-performing Neiman Marcus and Nordstrom department stores,” said Michael Guerin, executive vice president of Macerich. “Continually curating our merchandise mix with dynamic new experiences, including additional new restaurants and great design elements, to other parts of the property beyond the luxury wing enhances the value proposition of Scottsdale Fashion Square as whole for retailers and brands, while optimizing the customer journey for our guests.”
Scottsdale Fashion Square is one of the nation’s premier shopping destinations, with 1.9 million square feet and more than 240 shops and restaurants, plus a growing variety of exciting new uses including wellness and fitness and a hotel, both now under construction.
Macerich is currently planning the addition of more mixed-use elements at Scottsdale Fashion Square on a seven-acre parcel immediately north of the mall that reaches from Goldwater Boulevard to Scottsdale Road. The plan will incorporate high-end residential units, class A office space and hospitality uses.