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Transwestern Buys 4.5 Acres on Former Phoenix Mall Site for Multifamily Development

Purchase of $20 Million Is Expected To Support 335 New Luxury Units
The former site of the Paradise Valley Mall in Phoenix is being converted into a planned mixed-use development with two apartment complexes, a movie theater, grocery stores and dining options. (CoStar)
The former site of the Paradise Valley Mall in Phoenix is being converted into a planned mixed-use development with two apartment complexes, a movie theater, grocery stores and dining options. (CoStar)
CoStar News
August 1, 2024 | 7:29 P.M.

Developer Transwestern has purchased a plot of land in the latest move aiming to convert the site of a former Phoenix shopping mall into a mixed-use development with “live-work-play” components.

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