{
 "id": "m-3a24247f18",
 "slug": "phoenix-paradise-valley-mall",
 "type": "mall",
 "name": "Paradise Valley Mall",
 "aka": [],
 "city": "Phoenix",
 "county": "Maricopa County",
 "state": "AZ",
 "country": "US",
 "census_division": 8,
 "lat": 33.60043,
 "lon": -111.98339,
 "geocode_method": null,
 "address": null,
 "metro": null,
 "original_use": "mall",
 "year_opened": 1978,
 "year_closed": 2021,
 "acres": null,
 "gla_sqft": null,
 "stores_peak": null,
 "levels": null,
 "original_developer": "Westcor",
 "original_architect": "Rafique Islam",
 "before_notes": "Wikipedia categories: Demolished shopping malls in the United States",
 "strategy": [
  "redevelop"
 ],
 "new_use": [
  "mixed",
  "retail",
  "housing",
  "park"
 ],
 "share_retrofit": null,
 "status": "demolished",
 "year_retrofit": 2021,
 "developer": "Macerich, RED Development",
 "architect": null,
 "after_notes": "apartment buildings, Whole Foods Market, park with pavilion",
 "narrative": "Paradise Valley Mall was a shopping mall located in Phoenix, Arizona, United States. The last remaining anchor stores were JCPenney and Costco. There were 3 vacant anchor stores that were once Sears, Dillard's, and Macy's.",
 "narrative_license": "CC BY-SA 4.0",
 "narrative_source": "https://en.wikipedia.org/wiki/Paradise_Valley_Mall",
 "zoning_change": "mixed use",
 "public_subsidy": null,
 "entitlement_year": 2020,
 "planning_notes": "Future phases of the redevelopment have yet to be announced.",
 "wikidata_qid": "Q15265379",
 "wikipedia": "https://en.wikipedia.org/wiki/Paradise_Valley_Mall",
 "osm_id": null,
 "verified": "draft",
 "verified_by": null,
 "last_verified": null,
 "last_updated": "2026-10-18",
 "created": "2026-10-18",
 "contributor_name": null,
 "contributor_org": null,
 "contributor_link": null,
 "international": 0,
 "county_fips": "04013",
 "opp_score": 0.0,
 "opp_reasons": [
  "retrofit already built",
  "closed or demolished site (sourced)",
  "already in play: under construction, approved, or sold to a developer with housing plans",
  "county grew 5.6% 2018\u201323",
  "median rent $1,587",
  "housing in the record"
 ],
 "for_sale": 0,
 "distressed": 0,
 "deep": {},
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   "name": "Dillard's",
   "grp": "anchor",
   "evidence": "Dillard's",
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  },
  {
   "slug": "anchor-jcpenney",
   "name": "JCPenney",
   "grp": "anchor",
   "evidence": "JCPenney",
   "origin": "wikipedia"
  },
  {
   "slug": "anchor-macy-s",
   "name": "Macy's",
   "grp": "anchor",
   "evidence": "Macy's",
   "origin": "wikipedia"
  },
  {
   "slug": "anchor-sears",
   "name": "Sears",
   "grp": "anchor",
   "evidence": "Sears",
   "origin": "wikipedia"
  },
  {
   "slug": "era-closed-2020s",
   "name": "Closed 2020s",
   "grp": "era",
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   "origin": "extraction"
  },
  {
   "slug": "era-opened-1970s",
   "name": "Opened 1970s",
   "grp": "era",
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   "origin": "record"
  },
  {
   "slug": "era-retrofit-2020s",
   "name": "Retrofit 2020s",
   "grp": "era",
   "evidence": "2021",
   "origin": "extraction"
  },
  {
   "slug": "finance-sold-2020s",
   "name": "Sold since 2020",
   "grp": "finance",
   "evidence": "2021 RED Development",
   "origin": "research-deals"
  },
  {
   "slug": "web-site-dead",
   "name": "Website dead or redirecting",
   "grp": "finance",
   "evidence": "",
   "origin": "overture / http check"
  },
  {
   "slug": "owner-llc",
   "name": "Single-purpose entity",
   "grp": "owner",
   "evidence": "PARVAL WEST LLC",
   "origin": "county-parcels"
  },
  {
   "slug": "place-transit-jobs",
   "name": "100k+ jobs within 45 min by transit",
   "grp": "place",
   "evidence": "104,975",
   "origin": "epa-walkability"
  },
  {
   "slug": "place-15-minute",
   "name": "15-minute neighbourhood (5+ of 6 daily needs within 800 m)",
   "grp": "place",
   "evidence": "6/6",
   "origin": "openstreetmap"
  },
  {
   "slug": "place-high-traffic",
   "name": "30,000+ vehicles a day on an adjacent road",
   "grp": "place",
   "evidence": "49,942 on a counted road",
   "origin": "fhwa-hpms"
  },
  {
   "slug": "place-bike",
   "name": "Bike network nearby",
   "grp": "place",
   "evidence": "51 ways",
   "origin": "openstreetmap"
  },
  {
   "slug": "place-apartment-boom-county",
   "name": "County permitting 2,000+ apartment units a year",
   "grp": "place",
   "evidence": "13,059 units, Maricopa County",
   "origin": "census-bps"
  },
  {
   "slug": "place-grocery-800m",
   "name": "Grocery within 800 m",
   "grp": "place",
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   "origin": "openstreetmap"
  },
  {
   "slug": "place-hazard-heat-wave",
   "name": "High heat wave risk",
   "grp": "place",
   "evidence": "Very High",
   "origin": "fema-nri"
  },
  {
   "slug": "place-renter-majority",
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   "slug": "place-prices-doubled",
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   "origin": "fhfa"
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   "slug": "place-income-rising",
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   "slug": "place-walkable",
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  },
  {
   "slug": "strategy-redevelop",
   "name": "Redeveloped",
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  },
  {
   "slug": "use-grocery",
   "name": "Grocery",
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   "evidence": "apartment buildings, Whole Foods Market, park with pavilion Future phases of the redevelopme",
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  },
  {
   "slug": "use-housing",
   "name": "Housing",
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  },
  {
   "slug": "use-mixed",
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  },
  {
   "slug": "use-park",
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   "evidence": "apartment buildings, Whole Foods Market, park with pavilion Future phases of the redevelopment have yet t",
   "origin": "extraction"
  },
  {
   "slug": "use-retail",
   "name": "Retail (continued)",
   "grp": "use",
   "evidence": "new_use field",
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  }
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   "id": 2427,
   "site_id": "m-3a24247f18",
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   "id": 2431,
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  {
   "name": "Macerich",
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   "year_to": null
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  {
   "name": "Macerich",
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  {
   "name": "Westcor",
   "kind": "owner",
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   "year_to": 2002
  },
  {
   "name": "RED Development",
   "kind": "owner",
   "role": "owner (from text)",
   "year_from": 2021,
   "year_to": null
  }
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  {
   "title": "File:Paradise Valley Mall, Sears.jpg",
   "thumb_url": "https://thumb.wikimedia.org/wikipedia/commons/thumb/2/25/Paradise_Valley_Mall%2C_Sears.jpg/960px-Paradise_Valley_Mall%2C_Sears.jpg?utm_source=commons.wikimedia.org&utm_campaign=imageinfo&utm_content=thumbnail",
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   "author": "Copperstate12",
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   "title": "File:Paradise Valley Mall, South East Entrance.jpg",
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  {
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  {
   "name": "Dillard's",
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  {
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  {
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  {
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   "category": "named in text"
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  {
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   "category": "named in text"
  },
  {
   "name": "Goldwater's",
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 "deals": [
  {
   "id": 77,
   "site_id": "m-3a24247f18",
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   "date": null,
   "year": 2021,
   "price": 100000000.0,
   "price_per_acre": null,
   "price_per_sqft": null,
   "acres": null,
   "sqft": null,
   "buyer": "RED Development",
   "seller": "Macerich",
   "broker": null,
   "lender": null,
   "loan_amount": null,
   "loan_maturity": null,
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   "asking_price": null,
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   "notes": "scope: property",
   "source_url": "https://en.wikipedia.org/wiki/Paradise_Valley_Mall",
   "source_title": "Wikipedia",
   "source_date": null,
   "quote": "Macerich sold a majority stake of Paradise Valley Mall to Phoenix based developer RED Development Company for $100 Million.",
   "verified": "draft",
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  }
 ],
 "owner_of_record": "Pv Owners Association Inc",
 "ctx": {
  "assessment": {
   "what_happened": "Paradise Valley Mall opened in 1978 and operated as a regional shopping center with anchors including JCPenney and Costco. Over time, anchor stores such as Sears, Dillard\u2019s and Macy\u2019s closed, leaving vacancies. The mall was demolished starting in 2021 and is being redeveloped into a mixed\u2011use site with apartments, a Whole Foods Market, and a park.",
   "why": "The record shows anchor store losses (Sears closure in 2018 and vacant Dillard\u2019s and Macy\u2019s spaces) and the owner\u2019s redevelopment strategy, which led to demolition and new construction.",
   "where_it_stands": "The site is demolished and under redevelopment; RED Development acquired the property in 2021 and is overseeing the mixed\u2011use build\u2011out.",
   "for_a_planner": [
    "Mixed\u2011use zoning was adopted for the site.",
    "Entitlement was granted in 2020 for the redevelopment.",
    "Future phases of the project have not yet been announced.",
    "No additional policy tools are described in the record."
   ],
   "for_a_developer": [
    "The site comprises three parcels totaling about 16.2 acres (9.84\u202fac, 5.37\u202fac, 1.02\u202fac).",
    "Control passed to RED Development via a 2021 sale from Macerich.",
    "Entitlement was secured in 2020, with demolition and initial construction underway.",
    "Market signals noted in the record include Maricopa County population growth of 5.6\u202f% (2018\u201123) and a median rent of $1,587, supporting a housing component."
   ],
   "risks_and_unknowns": [
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    "The timing and scope of future redevelopment phases are unspecified.",
    "Exact land\u2011use breakdown within the planned mixed\u2011use program is not detailed.",
    "Model\u2011derived fields such as opp_score may be unreliable given the draft status."
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