Scottsdale Fashion Square adding apartments and office space, renovating luxury wing

SCOTTSDALE, AZ -
The Valley's swanky shopping mecca is getting a high-end makeover.
 
Macerich, the owner, operator and developer of Scottsdale Fashion Square, announced a number of new renovations to the property, including mixed-use elements such as high-end residential units, class A office space and hospitality.
 

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The first phase includes updating the luxury wing anchored by Neiman Marcus. According to a news release sent Monday, plans for "a striking new entrance and arrival point, two-story storefronts, and exterior-facing retail buildings and restaurants that will elevate and enhance the offerings for luxury retailers" are in the works. The arrival point will be off of Goldwater Boulevard.  
 
A luxury valet with a private lounge and new landscaping with a fountain and gardens are also part of the project. Construction is set to begin next year with the opening planned for fall 2018.
 

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"Scottsdale Fashion Square has long been synonymous with luxury in the Southwest, with more than 40 of the finest luxury and contemporary brands including Cartier, Bottega Veneta, Louis Vuitton, Gucci, Tiffany & Co., Bulgari and Prada, alongside our top-performing Neiman Marcus and Nordstrom department stores," said Robert Perlmutter, Chief Operating Officer, Macerich.
 
"This multi-phased project is part of Macerich's long-term strategy, as well as the center's own history, of continually reinvesting in irreplaceable retail destinations. We see great opportunity to heighten and expand our luxury presentation, capturing the unique demographics and growth in the Phoenix marketplace."
 
Macerich is based in California.  It has 10 regional shopping centers in Arizona, with 9 in the Phoenix-metro area.
 
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