Arrowhead Towne Center

Last updated

Arrowhead Towne Center
Arrowhead Towne Center.svg
Arrowhead Towne Center
Location Glendale, Arizona, United States
Address7700 W Arrowhead Towne Center
Opening dateOctober 1993
Developer Westcor
Management Macerich [1]
Owner Macerich (60%) and GIC (40%)
Architect Omniplan Architects
No. of stores and services180
No. of anchor tenants 4
Total retail floor area 1,197,000 sq ft (111,200 m2) [1]
No. of floors2
Website arrowheadtownecenter.com

Arrowhead Towne Center, often referred to by locals as Arrowhead Mall, [2] is a super-regional shopping mall located in Glendale, Arizona (west suburban Phoenix). The mall is owned by Macerich & GIC Private Limited. The mall features Macy's, Dillard's, JCPenney, and Dick's Sporting Goods in addition to a 14-screen AMC Theatres, and Round 1. Arrowhead also serves as a transit center for Valley Metro Bus. [3]

Contents

History

The mall opened in October 1993 on land formerly occupied by an orange grove, located at Bell Road and 75th Avenue, and was jointly developed and owned by Westcor and General Growth Properties (the former which owned a two-thirds share and managed the mall, and the latter which owned a one-third share). Omniplan Architects of Dallas designed the mall, [4] The Weitz Company, Inc. was general contractor who built the mall. [5] When opened the mall was anchored by Robinsons-May, Montgomery Ward, Mervyn's, J. C. Penney, Dillard's, and an empty anchor pad that was not yet leased.

When Montgomery Ward declared bankruptcy in December 2000, they shut down all of their remaining locations, including Arrowhead. Shortly after, Sears and Roebuck announced they will be acquiring 18 of the former Wards space, including the location at Arrowhead. Sears opened in spring of 2002, a year after Wards closed. [6]

In 2002, Westcor was acquired by Macerich, who continues to manage the mall today. In 2011, GGP sold its 1/3 ownership in the mall (along with its 1/3 ownership of Superstition Springs Center in Mesa), with Macerich assuming full ownership. [7] [8]

In 2006, Macy's acquired Robinsons-May and converted the Arrowhead store into a Macy's store. [9]

Since about 2007, Arrowhead Towne Center has been undergoing a transition to serve a more affluent and upscale shopper, in relation to its traditional middle-income customer base. The mall is already home to the West Valley's first Sephora location (opened in 2007), [10] as well as Swarovski, Coach, and the West Valley's first Apple Store (which opened in the summer of 2008). [11] In the past, West Valley shoppers have had to travel to Biltmore Fashion Park and Scottsdale Fashion Square, on the east side of the metropolitan area, to patronize retailers of this caliber. All of these tenants are new to Glendale.

In 2008, Mervyn's went out of business and shuttered, and Forever 21 reopened in the former Mervyn's space on March 27, 2009.

Also in 2008, sporting goods retailer, Dick's Sporting Goods held their grand opening. [12]

In 2016, Macerich sold 40% of the mall to GIC Private Limited. [13]

In April 2019, It was announced Sears would shutter as part of an ongoing decision to eliminate its traditional brick-and-mortar format. Several prospective tenants have been in discussion. [14]

In May 2024, Macerich bought back the 40% remaining in the mall. [15]

Stores

Anchors

Former anchors

References

  1. 1 2 "Macerich | Properties | Arrowhead Towne Center". www.macerich.com.
  2. ↑ Bowling, Joshua. "Arrowhead mall in Glendale is defying the odds. Here's the secret to its success". The Arizona Republic . Retrieved July 15, 2022.
  3. ↑ "Transit Centers". Valley Metro. November 10, 2017. Retrieved October 11, 2021.
  4. ↑ Gillespie, Phyllis (September 29, 1993). "Sneak Peek at Mall". The Arizona Republic. p. D1. Retrieved January 15, 2025– via Newspapers.com.
  5. ↑ "AZRE Magazine January/February 2013". Issuu. January 11, 2013. Retrieved April 2, 2021.
  6. ↑ "Sears Acquires 18 Wards Stores, 10 Auto Centers in Select Markets". Transform Co. March 26, 2001. Retrieved January 15, 2025.
  7. ↑ Espinoza, Frank (September 4, 2023). "Glendale's Arrowhead Towne Center celebrates 30th anniversary this year". Glendale Independent. Retrieved August 10, 2024.
  8. ↑ "General Growth mulling stree-level real estate-CEO". Reuters. June 8, 2011. Retrieved August 10, 2024.
  9. 1 2 "Robinson's-May Integration to Macy's Home Store". Federated Department Stores, Inc. March 28, 2006. Retrieved March 31, 2025.
  10. ↑ Rabago-Mussi, Angela (March 1, 2007). "Sephora: Beauty junkies' heaven". Arizona Business Gazette. p. 7. Retrieved January 15, 2025– via Newspapers.com.
  11. ↑ Watters, Carrie (July 25, 2008). "Apple Store excited Mac fans". The Arizona Republic. p. 508. Retrieved January 15, 2025– via Newspapers.com.
  12. ↑ Ducey, Lynne (October 25, 2009). "Valley gets new retailers in time for the holidays". www.bizjournals.com. Retrieved October 22, 2020.
  13. ↑ Yu, Hui-yong (January 4, 2016). "Macerich Sells Mall Interests to GIC, Heitman for $2.3 Billion" . Bloomberg News .
  14. 1 2 Frigerio, Josh (April 23, 2019). "Sears store and auto center at Arrowhead Towne Center in Glendale is closing". KNXV. Retrieved January 15, 2025.
  15. ↑ "UPDATE - Macerich Announces Initial Progress in its Path Forward Strategic Plan". GlobeNewswire News Room. May 16, 2024. Retrieved January 15, 2025.
  16. ↑ "Movie theaters near me. See which theatre is nearest to you". www.amctheatres.com. Retrieved March 31, 2025.
  17. ↑ "DICK'S Sporting Goods Store in Glendale, AZ | 364". stores.dickssportinggoods.com. Retrieved March 31, 2025.
  18. 1 2 Macerich. "Arrowhead Towne Center | Directory". www.arrowheadtownecenter.com. Retrieved March 31, 2025.
  19. ↑ "JCPENNEY ARROWHEAD TOWNE CENTER". JCPenney. February 22, 2022. Retrieved March 31, 2025.
  20. ↑ Stone, Kevin (December 15, 2023). "New Valley entertainment center has bowling, arcade, much more". KTAR-FM . Retrieved December 15, 2023.
  21. 1 2 "Round1 Bowling & Amusement Coming to the Valley in 2024". August 27, 2022. Retrieved March 31, 2025.
  22. ↑ "Forever 21 to close three Arizona stores". ABC15 Arizona in Phoenix (KNXV). October 2, 2019. Retrieved March 31, 2025.
  23. ↑ "Inside the Japan-based entertainment concepts 'ROUND1' & 'Spo-Cha' in Glendale". ABC15 Arizona in Phoenix (KNXV). December 15, 2023. Retrieved March 31, 2025.
  24. ↑ "West Valley's Arrowhead Towne Center celebrates 30th anniversary this year - Daily Independent". The Daily Independent at YourValley.net. September 27, 2023. Retrieved March 31, 2025.

33°38′30″N112°13′30″W / 33.64167°N 112.22500°W / 33.64167; -112.22500

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.