Walmart is Largest Metrocenter Investment in Decades
PHOENIX—A Walmart Supercenter, along with the city council's recent approval of a new development plan for the Metrocenter symbolize re-investment and rebirth for this community asset.
By
Lisa Brown |
lisabrown |
|
Updated on July 22, 2016
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PHOENIX— Metrocenter Mall opened in 1973 as the biggest shopping center in Arizona and one of the largest nationwide. However, Metrocenter was challenged in recent years by competing regional malls, changing shopping patterns and the Great Recession. Now the next chapter has begun in the history of Metrocenter Mall. Mall owner Carlyle Development Group , the city of Phoenix and community leaders are intent on bringing new life to the area. The recent groundbreaking for a new Walmart Supercenter on the site represents the single largest capital investment in Metrocenter Mall in decades. “Metrocenter Mall is a Phoenix icon that has served shoppers in this community for decades,” said Phoenix city councilwoman Thelda Williams . “Together, this Walmart and city council’s recent approval of a new development plan for Metrocenter symbolize re-investment and rebirth for this critical community asset.” Officials with Walmart, the city of Phoenix and Carlyle Development Group, along with area business leaders, were on hand for a groundbreaking ceremony to kick off the start of construction. The approximately 148,000-square-foot store is to be located on the south side of Metrocenter Mall, near Interstate 17 and Dunlap. The Supercenter will take shape on the site of the former Broadway building, which was recently demolished and had been vacant since 2006. The Walmart is slated to open in spring 2017. “Those of us at Walmart are excited this project will both help us serve our customers better while playing an important role in the continued revitalization in the Phoenix landmark that is Metrocenter Mall,” said Paula Ginnett , a Walmart vice president and regional general manager. “This site is going to be buzzing with shoppers next year and that’s a great thing–for the city of Phoenix, area businesses and Metrocenter Mall.” In June, the Phoenix city council unanimously approved a planned unit development application for 130 acres in and around Metrocenter Mall. The new zoning allows for multiple new uses, including office, senior housing, multifamily housing and healthcare. It also provides for increased height and density at the infill site. “Even in our early planning, the name Walmart would come up regularly as a great fit for a mixed-use Metrocenter development,” said Warren Fink , COO of Carlyle Development Group. “With our new zoning, we’re now able to actively pursue that vision through the addition of elements like office, senior housing and medical uses. Walmart is a valued part of that mix, and a welcome addition to the neighborhood at large. We’re very pleased to celebrate their groundbreaking.” Walmart will construct the Supercenter with technology to maximize energy efficiency, conserve water and minimize waste. Environmentally responsible features will include LED lighting, high-efficiency HVAC units and the use of drought-tolerant landscaping irrigated with a low-flow and drip watering system. Fink tells GlobeSt.com: “This benchmark would not have been possible without the shared vision of Walmart and the city of Phoenix. They have been true partners in this process, and part of the celebration as we move another step forward in turning an underutilized site into a true mixed-use destination.” Once open, the Supercenter will employ an estimated 250 associates. The new Walmart Supercenter will feature a full-service pharmacy and complete line of groceries, including organic selections, fresh dairy and meat departments.
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