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Scottsdale Fashion Square
Scottsdale Fashion Square
is an upscale, super-regional luxury shopping mall located in the downtown area of Scottsdale, Arizona. It is the largest shopping mall in Arizona
Arizona
with approximately 2 million square feet (180,000 m²) of retail space, and is among the top 30 largest malls in the country.[1] It has consistently been one of the most profitable malls in the United States, being ranked in 2016 as the second highest sales per square foot mall in the country,[2][3][4] and as of 2016, it was ranked in the top 25 most visited malls in the country by Travel + Leisure
Travel + Leisure
magazine.[5] The mall is located on the northwest corner of Scottsdale Road and Camelback Road
Camelback Road
in Scottsdale, Arizona, and has been owned by Westcor, a subsidiary of Macerich, since 2002.[6]

Contents

1 History 2 Municipal Bond Controversy 3 Anchors 4 Former Anchors 5 References 6 External links

History[edit] During the 1930s and 1940s, the land which would become the Scottsdale Fashion Square was too far from the established Scottsdale and Phoenix business areas to be considered valuable. A Ryan-Evans drug store was the only retail establishment on the site. During the 1940s the 40 acre site was purchased by Harry Lenart. In the 1950s he began to plan for a small shopping center. In 1959, the center opened consisting of four stores in addition to the existing drug store: a grocery store, barber shop, liquor store, and camera store. In 1960 a steakhouse, built by Joe Hunt, Sr. was added. [7] Scottsdale Fashion Square
Scottsdale Fashion Square
was originally built as a 3-story open-air structure in 1961 anchored by two local Phoenix stores, department store Goldwater's
Goldwater's
and supermarket AJ Bayless. At the time, the primary competitor was the Los Arcos Mall, a fully enclosed mall built in 1969, also located in Scottsdale. Its early financial success led to an expansion of the west-side of the mall in 1974, which nearly doubled the square-footage of the mall. This expansion also added an additional department store, Diamond's, to the northern section of the mall. In 1977, a competing mall, the fully enclosed Camelview Plaza, was built just west of Scottsdale Fashion Square, on the other side of North 70th Street. Camelview Plaza boasted Los Angeles
Los Angeles
department store Bullock's
Bullock's
and Sakowitz. The shopping center also included a Harkins Camelview Theatre on an outparcel. For several years, the two malls competed for shoppers and tenants. However, in 1982 after Westcor's purchase of the mall, the owners agreed to connect the malls by building a two-story retail bridge across North 70th Street, replacing the shuttle service that ran between the two malls. In the process, the street separating the two malls was sunk below grade-level, widened to four lanes, and renamed North Goldwater Boulevard. The two malls were largely gutted and completely renovated. Dillard's
Dillard's
took over the former AJ Bayless and Diamond's spaces to create a new department store, while Goldwater's was expanded to 235,000 square feet (21,800 m2).[8] A ground-level food court, anchored by a 7-screen Harkins Theatres cinema, was also added. The redevelopment was completed in 1991, closely followed by the addition of Neiman Marcus
Neiman Marcus
(in the former Sakowitz) 1992.

Waterfall in Palm Court, since replaced by an elevator

Goldwater's
Goldwater's
became J. W. Robinson's
J. W. Robinson's
in 1989, only to be converted into Robinsons-May
Robinsons-May
in 1993. Bullock's
Bullock's
closed its doors at Camelview Plaza in 1995, and remained vacant for several years. In 1996, Westcor purchased Camelview Plaza and renamed the entire 1,800,000-square-foot (170,000 m2) shopping plaza, Scottsdale Fashion Square. The new ownership brought major changes to the mall, the largest being the addition of a new wing anchored by Arizona's first Nordstrom
Nordstrom
store and featuring many upscale retailers. At that time, Dillard's
Dillard's
took over the former Bullock's
Bullock's
store and expanded it to 365,000 square feet (33,900 m2), making the Scottsdale store the largest in the company's fleet. This expansion increased the mall's square footage to 2,000,000 sq ft (190,000 m2) and made it the 13th largest enclosed shopping mall in the country.[8] Sears
Sears
briefly occupied the former Dillard's
Dillard's
store, only to be replaced by Macy's
Macy's
in 2002.

Scottsdale Fashion Square

The merger between Federated Department Stores
Federated Department Stores
and May Department Stores brought the closure Robinsons-May
Robinsons-May
in June 2006, leading the mall to demolish the former department store and build another new wing anchored by Barneys New York. The new wing, which also featured an H&M store, opened in 2009.[9] That same year, the first Microsoft Store
Microsoft Store
opened elsewhere in the mall.[10] Another expansion was added in 2015: a two-level building with Dick's Sporting Goods on the lower level and a new 14-screen Harkins Theatres cinema on the top level. In early 2016, Barneys New York
Barneys New York
announced it would close its Scottsdale Fashion Square
Scottsdale Fashion Square
store.[11] In late 2016 the mall's owner, Macerich, announced plans of a new renovation, in excess of $100 million, which will include high-end residential units, a hotel, a new luxury entrance, hospitality areas and office space.[12][13] Construction will begin in 2017, with the renovation's completion date anticipated to be in Fall 2018.[14] Municipal Bond Controversy[edit] A parking garage adjacent to the Scottsdale Fashion Square
Scottsdale Fashion Square
Mall (aka the " Nordstrom
Nordstrom
Garage") was constructed by Scottsdale Fashion Square Partners and leased to the City of Scottsdale in 1998 for 50 years for $31,375,000. In 2012 Scottsdale Mayor Jim Lane and the city council approved a prepayment of the lease, financed by issuance of municipal bonds.[15] However, in 2015 the IRS notified the city that the issuance is being challenged for non-compliance with the federal tax code or rules.[16] One possible basis for such challenges is failure of the "public purpose test".[17] Anchors[edit]

Dick's Sporting Goods
Dick's Sporting Goods
- (50,646 sq ft (4,705.2 m2)) Dillard's
Dillard's
- (365,000 sq ft (33,900 m2)) Harkins Theatres
Harkins Theatres
- (81,177 sq ft (7,541.6 m2)) Macy's
Macy's
- (236,000 sq ft (21,900 m2)) Neiman Marcus
Neiman Marcus
- (118,000 sq ft (11,000 m2)) Nordstrom
Nordstrom
- (235,000 sq ft (21,800 m2))

Former Anchors[edit]

AJ Bayless - closed 1980s, replaced by Dillard's
Dillard's
in 1984. Barneys New York
Barneys New York
- closed 2016, now vacant (65,000 sq ft (6,000 m2)) Diamond's - converted to Dillard's
Dillard's
in 1984 Goldwaters
Goldwaters
- converted to several different nameplates including Robinsons-May
Robinsons-May
before being demolished and replaced by Barneys New York in 2006 Sakowitz - closed 1990s, replaced by Neiman Marcus
Neiman Marcus
in 1992 Bullock's
Bullock's
- closed 1995, replaced by Dillard's Dillard's
Dillard's
(Original Store) - relocated to former Bullock's
Bullock's
in late 1990s, original store replaces by Sears
Sears
in 1999. Sears
Sears
- closed 2001, replaced by Macy's

References[edit]

^ Scottsdale Fashion Square
Scottsdale Fashion Square
Leasing Opportunities Archived 2007-05-14 at the Wayback Machine. ^ "Two More Apple Stores To Open In Arizona
Arizona
And Washington D.C." The Apple Pips. December 14, 2016. Archived from the original on December 19, 2016. Retrieved December 18, 2016.  ^ "Archived copy". Archived from the original on 2009-08-23. Retrieved 2008-11-05.  ^ http://www.azcentral.com/business/articles/1212biz-barneys1212side.html[dead link] ^ Totten, Steven (August 7, 2016). "Scottsdale Fashion Square maintains its shopping stronghold with new retailers". Phoenix Business Journal. Archived from the original on December 19, 2016. Retrieved December 18, 2016.  ^ Macerich
Macerich
- Investor Relations - Press Releases ^ "Scottsdale History: Fashion Square site was considered a bit of a gamble". Arizona
Arizona
Republic. October 20, 2016. Archived from the original on December 19, 2016. Retrieved December 18, 2016.  ^ a b Mall Hall Of Fame: October 2007 ^ http://www.arizonafoothillsmagazine.com/beauty-and-style/shopping/630-barneys-new-york-comes-to-scottsdale.html ^ https://www.google.com/search?q=microsoft+store+opening+scottsdale+fashions+square&num=20&gbv=2&sei=JgvNVq3ZEcPWjwPu_6LoBQ ^ http://www.phoenixnewtimes.com/arts/barneys-new-york-at-scottsdale-fashion-square-is-closing-8021780 ^ Koehle, Angie (December 5, 2016). " Scottsdale Fashion Square
Scottsdale Fashion Square
adding apartments and office space, renovating luxury wing". ABC 15. Archived from the original on December 19, 2016. Retrieved December 18, 2016.  ^ Krafft, Steve (December 5, 2016). " Scottsdale Fashion Square
Scottsdale Fashion Square
to get a multi-million dollar makeover". Fox 10. Archived from the original on December 19, 2016. Retrieved December 18, 2016.  ^ Holland, Katherine (December 5, 2016). "Scottsdale Fashion Square's luxury wing to get face-lift". Arizona
Arizona
Republic. Archived from the original on December 6, 2016. Retrieved December 18, 2016.  ^ "City Council Report, Scottsdale Fashion Square
Scottsdale Fashion Square
LLC Settlement". www.ScottsdaleAZ.gov. City of Scottsdale. Retrieved 16 August 2015.  ^ Hume, Lynn. "IRS: Some of Scottsdale, Ariz. MPC's 2013 refunding bonds taxable". http://www.bondbuyer.com. Source Media. Retrieved 16 August 2015.  External link in website= (help) ^ "Introduction to federal taxation of municipal bonds" (PDF). https://www.irs.gov. Internal Revenue Service. Retrieved 16 August 2015.  External link in website= (help)

External links[edit]

Scottsdale Fashion Square
Scottsdale Fashion Square
Official Site Scottsdale Waterfront Residences

Coordinates: 33°30′13″N 111°55′40″W / 33.5036586°N 111.9276565°W / 33.5036586; -111.9276565

v t e

Shopping malls in Arizona

Maricopa County

Phoenix

Biltmore Fashion Park Christown Spectrum Mall CityNorth Desert Ridge Marketplace Desert Sky Mall Kierland Commons Metrocenter Paradise Valley Mall

Mesa

Mesa Riverview Superstition Springs Center

Tempe

Arizona
Arizona
Mills Tempe Marketplace

Elsewhere

Arrowhead Towne Center Chandler Fashion Center Estrella Falls Outlets at Anthem SanTan Village Scottsdale Fashion Square

Pima County

Tucson

El Con Center La Encantada Park Place Trail Dust Town Tucson Mall

Casas Adobes

Casas Adobes Plaza Foothills Mall

Elsewhere

Flagstaff Mall Prescott Gateway Sierra Vista Mall

Former Malls

Fiesta Mall Los Arcos Mall Maryvale Mall Park Central Mall Tri City Mall

v t e

Macerich

Arizona

Arrowhead Towne Center Biltmore Fashion Park Chandler Fashion Center Desert Sky Mall Estrella Falls Flagstaff Mall Kierland Commons La Encantada Palisene
Palisene
(unbuilt) Paradise Valley Mall SanTan Village Scottsdale Fashion Square Superstition Springs Center

California

Arden Fair Mall
Arden Fair Mall
(managed with no ownership interest) Broadway Plaza Capitola Mall Fashion Fair Mall Inland Center La Cumbre Plaza Lakewood Center Los Cerritos Center The Mall of Victor Valley The Oaks Pacific View Mall Santa Monica Place Stonewood Center The Village at Corte Madera Vintage Faire Mall Westside Pavilion

Colorado

Flatiron Crossing Mall Twenty Ninth Street

Connecticut

Danbury Fair

Illinois

The Shops at North Bridge SouthPark Mall

Indiana

Eastland Mall

Iowa

NorthPark Mall Southridge Mall

Missouri

Country Club Plaza
Country Club Plaza
(50%, remaining share owned by Taubman Centers)

New Jersey

Deptford Mall Freehold Raceway Mall

New York

Cross County Shopping Center Fashion Outlets of Niagara Falls Green Acres Mall Kings Plaza Queens Center The Shops at Atlas Park Wilton Mall at Saratoga

Oregon

Valley River Center Washington Square

Pennsylvania

Fashion District Philadelphia
Fashion District Philadelphia
(50%, remaining share owned by PREIT, managed by PREIT)

Texas

South Plains Mall

Virginia

Tysons Corner Center Valley Mall

Westcor Wi

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