The redevelopment of a shuttered Phoenix mall is set to begin immediately.

It was announced Monday, that the acquisition of the Metrocenter Mall will include the Dillard’s Building and U-Haul Building (formerly Macy’s building that has now closed).

Florida-based Concord Willshire Capital LLC and TLG Investment Partners and Texas-based Hines received the final approvals needed from the city of Phoenix for a tax incentive agreement, or Government Property Lease Excise Tax treatment, in November 2022.

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J.D. Manning
Author: J.D. Manning founder and administrator. Arrowhead resident and Realtor, The Arrowhead Agent with eXp Realty