Sunday, June 5, 2016

Phoenix City Council Unanimously Approves Metrocenter Rezoning; 130-acre Planned Unit Development ushers in new era for infill site

Warren Fink
PHOENIX, AZ — The Phoenix City Council has unanimously approved a Planned Unit Development (PUD) application for 130 acres in and around the iconic Metrocenter Mall development, located on Interstate 17 between Peoria and Dunlap roads in Phoenix, Arizona.

The new zoning allows for multiple new uses besides retail, such as office, senior housing, multifamily housing and healthcare. It also allows for increased height and density at the infill site, which boasts the highest surrounding residential density in all of the metro Phoenix market.

The PUD encompasses 130 acres, with 83 acres of that occupied by Metrocenter Mall, the adjoining Macys and Sears anchor spaces, and the 10-acre land site of a future Walmart Supercenter.

“This is a landmark moment that we have been working toward for quite a long time,” said Warren Fink, COO of Carlyle Development Company, the owner of Metrocenter Mall.

“After several years of collaboration with the City, the community and its leaders, we now have the official green light to redevelop this valuable infill site in a very significant way, first and foremost by bringing in dynamic new uses that will make this a true urban village for Phoenix residents.”

For a complete copy of the company’s news release, please contact:

Stacey Hershauer
Marketing & Public Relations
(480) 600-0195

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