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    AZBEX
    Home » Arizona Projects » 2 Obsolete Mall Plans Scrapped for New Projects
    Arizona Projects

    2 Obsolete Mall Plans Scrapped for New Projects

    BEX StaffBy BEX StaffJanuary 14, 2022No Comments2 Mins Read
    Credit: Arizona Republic
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    Longstanding plans for two malls in Goodyear will be scrapped and replaced with new ideas that better address the needs of the current market.

    Developer Westcor, now part of Macerich, had announced plans for a mall at Bullard Avenue and McDowell Road in 2006. Those plans, however, encountered multiple delays and never progressed.

    Globe Land Investors purchased the land from Westcor in June. Goodyear City Council updated a standing agreement at the end of 2021 to reflect the new ownership and allow time for a new plan, which will likely consist of housing, retail and restaurants, to be put together. Globe Land Investors is also the company developing Goodyear’s Civic Square project.

    During its period of ownership, Westcor had invested approximately $43M in infrastructure development. Goodyear agreed to reimburse nearly $41M of those costs and has paid roughly half the amount so far.

    Globe officials expect to announce the new plans this year.

    Separately, plans have also been changed for a regional mall at the Estrella master-planned community at the NEC of Estrella Parkway and Willis Road.

    First adopted in 1988, the planned development would have covered 521 acres. The developers recently requested a designation change on 481 acres of the location to allow for neighborhood development. The remaining 40 acres will be used for business and commercial development. (Source)

    Andrew Yancey apartments/condos Bill Stipp Doug Sandstrom Estrella Estrella Regional Mall Globe Land Investors Goodyear City Council Goodyear Regional Mall Goodyear’s Civic Square hospitality Joe Pizzillo Macerich Mike Olson multifamily Private redevelopment residential Restaurant retail Westcor
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