PHOENIX – Developers provided an update this week on the rebirth of Scottsdale’s Papago Plaza as a retail and dining destination.
Scottsdale-based Pivot Development, which acquired Papago Plaza in 2015, said it was retaining the name of the now-demolished Pueblo-style mall at the intersection of McDowell and Scottsdale roads.
“Pivot planned the redevelopment to reflect the quality deserved for nearby Papago Park, ASU SkySong and the neighborhood surrounding the site,” said Lee Mashburn, president of the development company, in a press release Thursday.
“The project establishes a dining and retail destination currently not found in South Scottsdale.”
The 13-acre property was rezoned for residential use in December 2018. About 3½ years later, a new five-story apartment complex with 276 units called SEVENTYONE15 McDowell is now up for rent.
Three buildings for restaurant and retail use are under construction and are expected to open in the second quarter of 2023. A hotel and a grocery store are also under construction.
“Papago Plaza is already building a reputation as a new foodie destination and a magnet for new concepts. Tenant interest has been incredible,” Judi Butterworth, leasing agent at Orion Investment Real Estate, said in the statement.
The smaller of the restaurant/retail buildings, at 5,825 square feet, will replace the existing Wells Fargo Bank building at the southwest corner of McDowell and Scottsdale roads.
The other two buildings, one 8,000 square feet and the other 11,200 square feet, will be separated by a grassed “restaurant park” area.
Kachina metal from Papago Plaza’s original 1960s signage will be used in one of the buildings’ six murals.
The new development will have room for nearly 200 parking spaces in a two-storey garage as well as approximately 150 surface parking spaces.
“We responded directly to requests from the neighborhood by attracting attractive dining concepts and a quality grocer and ensuring that Papago Plaza was walkable and easily accessible,” Mashburn said.