NEW LUXURY WING OPENS AT SCOTTSDALE FASHION SQUARE

Retail property owner Macerich has detailed the successful debut this holiday season of the new luxury wing at Scottsdale Fashion Square.

Shoppers now are experiencing the first results of Macerich’s commitment to enhancing luxury at Scottsdale Fashion Square, including new stores, high-end furnishings and finishes, new Swarovski-inspired light column in the Crystal Court, and a range of desirable amenities. The new luxury wing, anchored by Neiman Marcus and Dillard’s, also features a new grand entrance, providing a sense of arrival evoked by a striking, two-story glass entry flanked by destination restaurants like Nobu and Ocean 44.

Brands that have opened stores in the mall’s new luxury wing include: Saint Laurent, Apple, Trina Turk, Breitling, Hublot, IWC Schaffhausen, Peloton, and UNTUCKit. While other existing tenants like Louis Vuitton, St. John, Jimmy Choo, Bottega Veneta, and Gucci opted to expand and renovate their storefronts for the new wing.

“Macerich has a long and productive history of consistently investing in our top properties, including Scottsdale Fashion Square, where we are reimagining the real estate to ensure it remains an essential destination for world-class retailers and brands, and of course the region’s discerning shoppers,” added Doug Healey, executive vice president of leasing at Macerich. “In Arizona, Scottsdale Fashion Square is already the region’s undisputed luxury leader. As we elevate the experience and draw even more of the most coveted retail names, this exceptional property will continue to attract shoppers seeking the most inspired collection of luxury brands and experiences.”

Last week, Macerich announced that the updated Scottsdale Fashion Square will be the first permanent location for Wonderspaces, the breakthrough concept that partners with artists from around the world to bring artwork to new audiences. Located in a 16,000 square-foot inline space, Wonderspaces plans to present three, ticketed art shows a year at the property, starting in early 2019.

In January, national co-working company Industrious will open a premium shared workspace at Scottsdale Fashion Square. Bringing all-day energy and a built-in set of attractive consumers, Industrious operates exceptional, perk-filled work spaces for top companies and successful entrepreneurs.

Scottsdale Fashion Square has evolved incrementally as the retail industry – and the market – have changed since the property’s earliest days in the 1960s when it was a small open-air center anchored by Goldwater’s department store. Highlights of many key changes over the years include building a two-story retail bridge to connect two separate retail properties into one that became an enclosed mall environment including a new Dillard’s department store; adding Arizona’s only Neiman Marcus; adding Arizona’s first Nordstrom and a number of other upscale retailers with an expansion across Camelback Road; the arrival of Macy’s to replace Sears; the addition of Dick’s Sporting Goods and the relocation/expansion of Harkins Camelview Theatres; among other important updates.

Future phases in the ongoing redevelopment of Scottsdale Fashion Square will include high-end residential units, class A office space and a hotel/hospitality center on a seven-acre parcel immediately north of the mall, which reaches from Goldwater Boulevard to Scottsdale Road.