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Paradise Valley Mall
Paradise Valley Mall was a shopping mall A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refe ... 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. The former owner, Macerich, has rezoned the land for mixed use. Demolition of the indoor mall portion started in July 2021 and ended in February 2022. On April 8, 2021, Macerich sold the mall to Phoenix-based RED Development. The mall, developed by Westcor, is surrounded by a circular street named Paradise Village Parkway. This street design was inspired by the Metrocenter Parkway circular street around Metrocenter (Phoenix, Arizona), Metrocenter Mall, which was also developed by Westcor in the years prior (197 ...
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Phoenix, Arizona
Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the List of capitals in the United States, capital and List of cities and towns in Arizona#List of cities and towns, most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the List of United States cities by population, fifth-most populous city in the United States, and the only U.S. state capital with a population of more than one million residents. Phoenix is the anchor of the Phoenix metropolitan area, also known as the Valley of the Sun, which in turn is part of the Salt River Valley. The metropolitan area is the 11th largest by population in the United States, with approximately 4.85 million people . Phoenix, the seat of Maricopa County, Arizona, Maricopa County, has the largest area of all cities in Arizona, with an area of , and is also the List of United States cities by area, 11th largest city by area in the United States. It is the largest metropolitan area, bo ...
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Harkins Theatres
Harkins Theatres is an American movie theater chain with locations throughout the Southwestern United States. Harkins Theatres is privately owned and operated by its parent company, Harkins Enterprises, LLC. The company currently operates 33 theaters with 501 screens throughout Arizona, California, Colorado, and Oklahoma. History Founding In 1931, at the age of sixteen, Dwight "Red" Harkins left Cincinnati, Ohio, on his Harley Davidson motorcycle for Hollywood. Dwight planned to pursue a role in one of the new "talkies." By the time he arrived in Tempe, Arizona, he could no longer afford to continue his quest. After several years in Tempe, he sought out a new career operating a movie house. In 1933, he opened the State Theatre in Tempe, at the age of 18 after putting $50 down on the lease to take over the State Theatre. The State Theatre was originally the Goodwin Opera House, opened in 1907. Early years In 1934, Red Harkins built an outdoor theater in Tempe Beach Park, ...
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Bath & Body Works
Bath & Body Works, LLC. is an American retail store chain that sells soaps, lotions, fragrances, and candles. It was founded in 1990 in New Albany, Ohio and has since expanded across 6 continents. In 1997, it was the largest bath shop chain in the United States. History Bath & Body Works was founded in 1990 in New Albany, Ohio. The company's first store opened in a Cambridge, Massachusetts mall in September 1990. In 1997, a secondary brand called Bath & Body Works at Home was launched. Two years later the company launched the White Barn Candle Company, a division specializing in the sale of scented candles. Bath & Body Works launched both a seasonal catalog and a website in 2006. In November 2006, the company launched its first television commercial advertisement. Net sales as of January 28, 2006 were $2.3 billion, significantly higher than all other L Brands companies other than Victoria's Secret. In July 2008, the company announced that it was opening six locations i ...
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CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercials, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, Google Home and app devices with Google Assistant, and on Apple Siri voice interfaces including iPhones. Many CNBC TV shows are available as podcasts for on-demand listening. Graphics are designed by Sweden-based Magoo 3D studios. CNBC is a divisi ...
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Kierland Commons
Kierland Commons is a lifestyle center in Phoenix, Arizona, adjacent to Scottsdale, Arizona which is used for the center's mailing addresses. The mixed-use development is centered on a "Main Street" feel and composed mostly of outdoor retail shops with residential units above and adjoining residential tower. Development The mixed-use destination began construction in 1995 and was completed in 2000. The primary developer was Woodbine Development Corporation of Dallas. The development concept, urban design plan and design guidelines were prepared by Design Workshop, Inc. (Denver, CO) and Communication Arts, Inc. (Boulder, CO). Building design was developed and prepared by Nelsen Architects (now known as Nelsen Partners). Originally owned by Westcor, in 2002 Kierland Commons became part of The Macerich Company's portfolio. Signature Properties was the Exclusive Residential Broker for The Plaza Lofts at Kierland Commons from 2003 through 2013 and remains On-Site to handle resales. ...
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Gross Leasable Area
In architecture, construction, and real estate, floor area, floor space, or floorspace is the area (measured as square feet or square metres) taken up by a building or part of it. The ways of defining "floor area" depend on what factors of the building should or should not be included, such as external walls, internal walls, corridors, lift shafts, stairs, etc. Generally there are three major differences in measuring floor area. * Gross floor area (GFA) - The total floor area contained within the building measured to the external face of the external walls. * Gross internal area (GIA) - The floor area contained within the building measured to the internal face of the external walls. * Net internal area (NIA) (or usable floor area UFA) - The NIA is the GIA less the floor areas taken up by lobbies, enclosed machinery rooms on the roof, stairs and escalators, mechanical and electrical services, lifts, columns, toilet areas (other than in domestic property), ducts, and risers. Gross fl ...
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Valley Metro
The Valley Metro Regional Public Transportation Authority, more popularly known as Valley Metro, is the unified public brand of the regional transit system for the Phoenix metropolitan area. Within the system, it is divided between Valley Metro Bus, which runs all bus operations, and Valley Metro Rail, which is responsible for light rail operations in the Valley. In , the combined bus and rail system had a ridership of , or about per weekday as of . Valley Metro is a membership organization. Most services are separately funded and operated by individual cities and suburbs in the greater Phoenix region. These cities have agreed to participate in Valley Metro as a unifying brand name to streamline service and reduce confusion among riders. Each city appoints a representative to the RPTA board of directors, and a chairman, vice chairman, and treasurer are voted on amongst the board members for a one-year term. The two largest operators of bus service are the city of Phoenix and th ...
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American Middle Class
Though the American middle class does not have a definitive definition, contemporary social scientists have put forward several ostensibly congruent theories on it. Depending on the class model used, the middle class constitutes anywhere from 25% to 75% of households. One of the first major studies of the middle class in America was '' White Collar: The American Middle Classes'', published in 1951 by sociologist C. Wright Mills. Later sociologists such as Dennis Gilbert of Hamilton College commonly divide the middle class into two sub-groups. Constituting roughly 15% to 20% of households is the upper or professional middle class consisting of highly educated, salaried professionals and managers. Constituting roughly one third of households is the lower middle class consisting mostly of semi-professionals, skilled craftsmen and lower-level management. Middle-class persons commonly have a comfortable standard of living, significant economic security, considerable work auton ...
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Scottsdale, Arizona
, settlement_type = City , named_for = Winfield Scott , image_skyline = , image_seal = Seal of Scottsdale (Arizona).svg , image_blank_emblem = City of Scottsdale Script Logo.svg , nickname = "The West's Most Western Town" (official) , image_map = File:Maricopa County Arizona Incorporated and Unincorporated areas Scottsdale Highlighted 0465000.svg , mapsize = 200x200px , map_caption = Location in Maricopa County, Arizona , mapsize1 = , map_caption1 = , pushpin_map = USA Arizona Maricopa County#USA Arizona#USA , pushpin_label = Scottsdale , pushpin_map_caption = , coordinates = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_name1 = Arizona , subdivision_type2 = County , subdivision ...
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The Broadway
The Broadway was a mid-level department store chain headquartered in Los Angeles, California. Founded in 1896 by English-born Arthur Letts Sr., and named after what was once the city's main shopping street, the Broadway became a dominant retailer in Southern California and the Southwest. Its fortunes eventually declined, and Federated Department Stores (now Macy's, Inc.) bought the chain in 1995. In 1996, Broadway stores were either closed or converted into Macy's and Bloomingdales. History Origins In 1895, J. A. Williams formed J. A. Williams & Co., built and opened his Broadway Department Store on August 29, 1895. In February, 1896 the store was liquidated, and Arthur Letts bought the name, assets, fixtures, and the building lease for $8377 and, on February 24, 1896, the Broadway started operating under Letts. The previous owners had a good location in a recently constructed building at the southwest corner of Broadway and Fourth Streets, but had all of its assets s ...
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Anchor Tenant
In retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are typically located at the ends of malls. With their broad appeal, they are intended to attract a significant cross-section of the shopping public to the center. They are often offered steep discounts on rent in exchange for signing long-term leases in order to provide steady cash flows for the mall owners. Some examples of anchor stores in the United States are Macy's, Sears, JCPenney, Nordstrom, Neiman Marcus, Saks Fifth Avenue. Origins When the planned shopping centre format was developed by Victor Gruen in the early to mid-1950s, signing larger department stores was necessary for the financial stability of the projects, and to draw retail traffic that would result in visits to the smaller shops in the centre as well. Anchors generally have their rents heavily discounted, and m ...
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Target Corporation
Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. Target was established as the discount division of Dayton's department store of Minneapolis in 1962. It began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed Target Corporation in 2000, and divested itself of its last department store chains in 2004. It suffered from a massive, highly publicized security breach of customer credit card data and the failure of its short-lived Target Canada subsidiary in the early 2010s, but experienced revitalized success with its expansion in urban markets within the United ...
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