(For more retail coverage, click GlobeSt.com/RETAIL.)

PHOENIX-The first phase of the renovation and repositioning of the 1.4-million-sf Metrocenter is on schedule for completion by the holiday season. With exterior work out of the way, interior upgrades will begin in January.

The major focus of the exterior renovation, launched about two months ago, calls for replacing the parking lot and overhauling the landscaping of the 32-year-old retail asset, located at 9617 N. Metro Parkway along Interstate 17. If construction stays on track, the makeover, inside and out, will be completed in third quarter 2006.

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