Knowledge (XXG)

Fiesta Mall

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388: 330: 245:. The mall was projected to cost $ 35 million to $ 55 million and encompass 1.2 million to 1.4 million square-feet of retail space on 120 acres. Its projected opening was 1973. By 1973, the opening date for what was at the time called the "Sierra Vista Mall" was listed as 1975. Development shifted to Mesa after Homart could not secure land in south Tempe. 346:
crime and gang activity in the immediate area surrounding the mall. Despite the mall's challenges, the study's authors reported that sales per square foot remained "well above the threshold for 'vulnerable malls' of $ 275 or less, according to the Urban Land Institute." The authors also noted that there were "almost no vacant spaces in the mall."
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said the mall faced significant obstacles as a future competitor in the local retail market. The study reported decreasing sales and difficulty attracting "top-tier stores" due to increasing competition from newer shopping centers and changing demographics. The study also noted recent increases in
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Homart announced plans in 1985 to grow the mall by nearly 40 percent from 921,046 to about 1.3 million square feet. Part of the company's $ 50 million expansion plans included a fifth department store and an expansion to the Sears; in addition, the existing Diamond's would have been converted into
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in 1992 identified the mall as the preferred shopping center for most Valley residents, and in 1993, as many as a dozen companies were vying to purchase Fiesta. L&B Real Estate Counsel of Dallas, a commercial real-estate investment firm, bought the mall for $ 124.3 million in December 1993.
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During this time, reported crime at and around the mall continued to increase. In 2007, Mesa police reported a jump in gang activity at Fiesta, although mall officials denied there was a rise. Police officials said calls for service increased about 71 percent from 2005 to
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LNR Properties sold the mall to Dimension Financial & Realty Investments in 2017. Dimension said it planned to spend $ 30 million to convert the property into a campus focusing on education and healthcare for community colleges and for-profit schools.
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General Growth Properties Inc. acquired Homart and all of its malls in December 1995. Fiesta's management announced in July 2001 that they were searching for a buyer, but said it had nothing to do with increasing competition from newer malls in the area.
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On March 31, 2008, a man stabbed two mall patrons, including one fatally. Authorities said the suspect had links to gangs and had a history of mental health issues. Police reported a spike in property crimes including car thefts from 2007 to 2008.
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are just west of the mall.) The deal does not include the mall's four anchor properties, which are owned by other companies. In October 2017, Cashen Real Estate Advisors, which markets the property for Dimension, proposed the mall for
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In March 2013, the mall was appraised at $ 39.5 million — a 72 percent decline from its worth in 2004. In September 2013, Westcor turned over Fiesta Mall to its lenders due to “imminent default relating to potential tenancy issues".
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mall space and a new Diamond's store built in a three-story addition. Homart withdrew plans the following year after several delays due to concerns about traffic and parking from the city and other developers with nearby properties.
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By the early-1990s, Fiesta Mall was at the zenith of its success. It was the commercial hub of the East Valley and ranked within the top 15 percentile of regional malls in the nation in sales. A survey conducted by
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hosted a free concert at Fiesta Mall, drawing about 3,000 people. The concert was seen as a coup for Fiesta, which was responding to changing times by updating its entrances and adding a children's play area.
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opened in the neighboring city of Tempe in 1997, mall officials saw an initial decline in shoppers. Fiesta management said the change was short-lived after initial interest in the new mall peaked. When
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In June 1982, Sears, Roebuck and Co. sold a 50 percent stake in the mall to Grosvenor International. The selling price was not disclosed. Under the deal, Homart remained as the mall's management firm.
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In January 2012, police arrested a documented gang member in the beating and attempted robbery of another man near Fiesta Mall. On October 1, 2012, a woman was robbed at gunpoint at the mall.
263:, opened July 4, 1980. the mall was developed by Homart, which at the time of the opening of Fiesta Mall was developing several shopping centers nationwide anchored by Sears retail locations. 406:
Macy's closed in early 2014, sparking fears over the mall's possible demise. As of October 2016, only 35 businesses were still operating at the mall, which had more than 100 tenant spaces.
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The space previously occupied by The Broadway and the mall's first Macy's store hosted a Dick's Sporting Goods and a Best Buy in 2007. Both of those stores closed in 2016.
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The period between 2006 and 2008 proved to be pivotal in Fiesta Mall's overall decline. In 2006, the mall lost one of its four anchors following the merger between
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Citing continuing robust population growth in the southeast Valley, the owners announced new plans for a major expansion that again included a fifth anchor store.
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Visitors mill inside the mall's wing that Macy's department store once anchored. Vacancy rates hit unprecedented highs in the years following the 2008 recession.
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On November 2, 2017, it was announced that Sears would be closing as part of a plan to close 63 stores nationwide. The store closed on January 28, 2018.
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opened on October 17, 2001, about eight miles away from Fiesta, the mall suffered its first sustained revenue drop due to a competing mall.
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in 1996. Macy's then moved into the Robinsons-May building after the two companies merged in 2006. Macy's closed in the spring of 2014.
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The first component of the mall to open was the Sears, on April 13, 1977. The store replaced the retailer's location in downtown Mesa.
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Fiesta's owners renovated the mall in 1989, doing away with the orange and brown color scheme of the 1970s and installing skylights.
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in 1997, and saw numerous anchor store and inline tenancy changes. After a long period of decline, it was shuttered in January 2018.
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Desert Medical Center) were facilitated to a great extent by population growth in the southeast Valley and the construction of the
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On September 28, 2019, it was announced that Dillard's would close their doors. This left the mall with no remaining tenants.
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On July 17, 2023, demolition finally started. The demolition started on the former Macy's and continued throughout the mall.
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Fiesta Mall started showing early signs of trouble in terms of shrinking customer traffic in the late 1990s. When
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The development that would become Fiesta Mall was announced on October 8, 1970, by officials from the city and
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for $ 135 million in 2004, a time when the center appeared to be showing significant signs of decline.
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Fiesta Mall and other large developments in the area such as Desert Samaritan Hospital (now known as
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in 1986, and later converted to a Clearance Center in 2009. This store closed in January 2020.
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following in 1980. The mall began experiencing declines in traffic following the opening of
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was rejected by Tempe voters a couple days earlier. The Coyotes continued playing at the
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The west-facing side of the former Macy's store at Fiesta Mall. Macy's closed in 2014.
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to open in the mall, doing so in 1977. Also present as anchor stores were
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have considered the mall site for a new arena for the team, after the
1632:"Loss of Dillard's Clearance Center in Mesa marks end of Fiesta Mall" 1118:"Revitalization Strategy for the Fiesta Mall Super-Regional District" 337:
In March 2004, a study commissioned by the city and conducted by the
1703:"Could irony be what Amazon is looking for in its new headquarters?" 1664:"Developers begin tearing down what remains of Fiesta Mall in Mesa" 419:
In March 2023, it was announced that the mall would be demolished.
1535:"Macerich turns over Fiesta Mall to lender in lieu of foreclosure" 488: 386: 328: 201: 1883: 1434:"Mesa man sentenced to life in prison in Fiesta Mall stabbing" 748:"Bonanza is expected in Mesa with arrival of delayed freeway" 409:
On January 27, 2018, the mall closed permanently, except for
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Fiesta Mall officially opened October 3, 1979, with Sears,
1866:"Sears, Kmart closing more stores — including Fiesta Mall" 1385:"Police calls show gang activity up at Mesa's Fiesta Mall" 1792:"Best Buy, Dick's Sporting Goods to debut at Fiesta Mall" 1588:"Macy's closing sparks fear of Mesa Fiesta Mall's demise" 1334:"Mesa sales taxes on long climb back from recession lows" 637:"Sears to open larger store April 13 in new Mesa mall" 553: 551: 1829:
Mesa's Fiesta Mall closures could bring redevelopment
1485:"Gang member charged in attack on Mesa man near mall" 692:"The best things in life are found in Mesa and Tempe" 259:
as its first three anchor stores; the fourth anchor,
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Retrieved March 11, 2017 559:"Mesa approves Sears' plans for shopping center" 1742:"4 Robinsons-May stores to resurface as Macy's" 2265:Demolished shopping malls in the United States 1360:"Store closures, competition hurt Fiesta Mall" 1895: 889:"Fiesta doesn't expect its pinata to go bust" 8: 1606:"Fiesta Mall struggles to find new business" 1410:"Man stabbed to death at Mesa's Fiesta Mall" 828:"Mesa planners reject Fiesta Mall expansion" 19: 2260:Defunct shopping malls in the United States 1306:Beard, Betty; Shah, Tina (August 3, 2005). 451:On May 18, 2023, it was announced that the 2250:Shopping malls in Maricopa County, Arizona 2087: 1929: 1902: 1888: 1880: 1831:". azcentral.com. Retrieved March 11, 2017 495:opened later as the mall's fourth anchor. 339:International Economic Development Council 18: 2240:Buildings and structures in Mesa, Arizona 1459:"Opinions mixed on safety at Fiesta Mall" 1253:"Fiesta Mall's clock is ticking, Westcor" 1035:"Pop concert a boost for struggling mall" 960:"Sears Completes Sale of Its Homart Unit" 715: 713: 576:Sullivan, Geraldine (September 5, 1973). 343:International Council of Shopping Centers 1630:Steinbach, Alison (September 28, 2019). 929:Gillespie, Phyllis (December 15, 1993). 790:"Fiesta Mall gives up bid for expansion" 153:1,200,000 square feet (110,000 m) ( 910:Gillespie, Phyllis (October 21, 1993). 721:"British firm buys half of Fiesta Mall" 547: 16:Former shopping center in Mesa, Arizona 1533:Hansen, Kristena (November 13, 2013). 1060:Gonderinger, Lisa (November 1, 1997). 847:"Evolution changing the face of malls" 813:The Arizona Republic / Southeast Extra 2270:Shopping malls disestablished in 2018 1581: 1579: 771:"Fiesta Mall weighing expansion move" 502:in 1989. Four years later, it became 475:Fiesta Mall opened with three anchor 448:; it did not make the finalist tier. 7: 794:The Arizona Republic/Southeast Extra 660: 658: 364:; the vacated anchor was split into 1864:Sunnucks, Mike (November 5, 2017). 1827:Coppola, Chris (January 9, 2017). " 826:Patten, Mike (September 23, 1985). 2255:Shopping malls established in 1979 1332:Nelson, Gary (November 13, 2012). 1241:. East Valley Tribune. 2004-11-06. 1010:Collom, Lindsey (April 14, 2004). 993:"Midscale Fiesta Mall up for sale" 887:Novotny, Jean (October 21, 1990). 864:Novotny, Jean (October 21, 1990). 304:On April 13, 2004, pop music star 14: 1701:Sunnucks, Mike (1 October 2017). 845:Deters, Barbara (March 5, 1995). 1767:"Fiesta Mall swings out the old" 1033:Fiscus, Chris (April 14, 2004). 807:Rose, Brbara (August 16, 1985). 769:Rose, Barbara (August 7, 1985). 578:"Shopping center plan applauded" 1096:"Mall, indeed, in high fashion" 1094:Beard, Betty (April 20, 2002). 1075:Perez, Janet (April 28, 1998). 788:Patten, Mike (April 25, 1986). 1814:Nelson, Gary (Nov 21, 2016). " 643:. March 13, 1977. p. D-13 565:. October 9, 1970. p. 21. 1: 991:Creno, Glen (July 20, 2001). 746:McGowan, Dan (May 16, 1977). 606:Muller, Bob (June 19, 1978). 1816:Party time for Fiesta again? 437:Banner Desert Medical Center 349:Fiesta Mall was acquired by 2000:Superstition Springs Center 931:"New owner for Fiesta Mall" 672:. June 24, 1979. p. D8 2286: 1239:"Westcor buys Fiesta Mall" 727:. July 1, 1982. p. C3 698:. July 3, 1980. p. B3 411:Dillard's Clearance Center 243:Homart Development Company 239:Sears, Roebuck and Company 198:Homart Development Company 129:No. of stores and services 107:Homart Development Company 2245:Shopping malls in Arizona 2069:Scottsdale Fashion Square 82:1445 West Southern Avenue 24: 1962:Desert Ridge Marketplace 1870:Phoenix Business Journal 1707:Phoenix Business Journal 1539:Phoenix Business Journal 866:"A mall springs to life" 498:Goldwaters first became 2044:Chandler Fashion Center 1952:Christown Spectrum Mall 1560:"MAC – 9.30.2013 – 10Q" 966:. Reuters. 1995-12-27. 666:"Mall will open Oct. 3" 426:Attempted redevelopment 324:Chandler Fashion Center 149:Total retail floor area 2039:Arrowhead Towne Center 1012:"Avril, uncomplicated" 912:"Deal for Fiesta Mall" 506:. The Broadway became 433:Mesa Community College 392: 334: 204:. Sears was the first 2168:Prescott Gateway Mall 1947:Biltmore Fashion Park 1746:archive.azcentral.com 1438:archive.azcentral.com 390: 370:Dick's Sporting Goods 332: 2209:Paradise Valley Mall 1257:The Arizona Republic 1081:The Arizona Republic 1039:The Arizona Republic 1016:The Arizona Republic 997:The Arizona Republic 935:The Arizona Republic 916:The Arizona Republic 893:The Arizona Republic 870:The Arizona Republic 851:The Arizona Republic 834:. p. Extra 6-D. 832:The Arizona Republic 775:The Arizona Republic 752:The Arizona Republic 670:The Arizona Republic 582:Tucson Daily Citizen 563:The Arizona Republic 457:Tempe Arena proposal 290:The Arizona Republic 272:Superstition Freeway 63:33.3930°N 111.8626°W 1796:East Valley Tribune 1771:East Valley Tribune 1514:East Valley Tribune 1414:East Valley Tribune 1389:East Valley Tribune 1364:East Valley Tribune 313:Decline and closure 294:The Phoenix Gazette 59: /  21: 2138:Casas Adobes Plaza 964:The New York Times 471:Anchors and majors 465:2023–24 NHL season 393: 335: 176:2016-10-27 at the 68:33.3930; -111.8626 2227: 2226: 2173:Sierra Vista Mall 2151: 2150: 2077: 2076: 2059:Outlets at Anthem 2054:Northern Crossing 2023:Tempe Marketplace 1977:Park Central Mall 1765:Woodfill, David. 1463:The Mesa Republic 1408:McDevitt, Katie. 1383:Woodfill, David. 1358:Woodfill, David. 1259:. March 11, 2006. 477:department stores 378:Tempe Marketplace 183: 182: 116:Verde Investments 2277: 2219:Valley West Mall 2088: 1972:Kierland Commons 1930: 1904: 1897: 1890: 1881: 1874: 1873: 1861: 1855: 1854: 1852: 1851: 1838: 1832: 1825: 1819: 1812: 1806: 1805: 1803: 1802: 1790:Gately, Edward. 1787: 1781: 1780: 1778: 1777: 1762: 1756: 1755: 1753: 1752: 1738: 1732: 1731: 1729: 1727: 1717: 1711: 1710: 1698: 1692: 1691: 1689: 1688: 1674: 1668: 1667: 1660: 1654: 1653: 1652:. 20 March 2023. 1646: 1640: 1639: 1627: 1621: 1620: 1618: 1617: 1602: 1596: 1595: 1583: 1574: 1573: 1571: 1570: 1556: 1550: 1549: 1547: 1545: 1530: 1524: 1523: 1521: 1520: 1505: 1499: 1498: 1496: 1495: 1481: 1475: 1474: 1472: 1470: 1454: 1448: 1447: 1445: 1444: 1430: 1424: 1423: 1421: 1420: 1405: 1399: 1398: 1396: 1395: 1380: 1374: 1373: 1371: 1370: 1355: 1349: 1348: 1346: 1344: 1329: 1323: 1322: 1320: 1318: 1303: 1297: 1296: 1294: 1292: 1287:on June 25, 2006 1286: 1275: 1267: 1261: 1260: 1249: 1243: 1242: 1235: 1229: 1228: 1226: 1224: 1219:on June 25, 2006 1218: 1207: 1199: 1193: 1192: 1190: 1188: 1183:on June 25, 2006 1182: 1171: 1163: 1157: 1156: 1154: 1152: 1147:on June 25, 2006 1146: 1139: 1131: 1125: 1124: 1122: 1114: 1108: 1107: 1091: 1085: 1084: 1072: 1066: 1065: 1057: 1051: 1050: 1048: 1046: 1030: 1024: 1023: 1007: 1001: 1000: 988: 982: 981: 979: 978: 956: 950: 949: 947: 945: 926: 920: 919: 907: 901: 900: 884: 878: 877: 861: 855: 854: 842: 836: 835: 823: 817: 816: 804: 798: 797: 785: 779: 778: 766: 760: 759: 743: 737: 736: 734: 732: 725:Arizona Republic 717: 708: 707: 705: 703: 696:Arizona Republic 688: 682: 681: 679: 677: 662: 653: 652: 650: 648: 641:Arizona Republic 633: 627: 626: 624: 622: 614:. pp. B-1, 612:Arizona Republic 603: 597: 596: 594: 592: 573: 567: 566: 555: 98:January 27, 2018 74: 73: 71: 70: 69: 64: 60: 57: 56: 55: 52: 22: 2285: 2284: 2280: 2279: 2278: 2276: 2275: 2274: 2230: 2229: 2228: 2223: 2177: 2147: 2124: 2115:Trail Dust Town 2073: 2027: 2004: 1981: 1967:Desert Sky Mall 1924: 1917: 1908: 1878: 1877: 1863: 1862: 1858: 1849: 1847: 1840: 1839: 1835: 1826: 1822: 1813: 1809: 1800: 1798: 1789: 1788: 1784: 1775: 1773: 1764: 1763: 1759: 1750: 1748: 1740: 1739: 1735: 1725: 1723: 1719: 1718: 1714: 1700: 1699: 1695: 1686: 1684: 1676: 1675: 1671: 1666:. 17 July 2023. 1662: 1661: 1657: 1648: 1647: 1643: 1629: 1628: 1624: 1615: 1613: 1604: 1603: 1599: 1585: 1584: 1577: 1568: 1566: 1558: 1557: 1553: 1543: 1541: 1532: 1531: 1527: 1518: 1516: 1507: 1506: 1502: 1493: 1491: 1483: 1482: 1478: 1468: 1466: 1456: 1455: 1451: 1442: 1440: 1432: 1431: 1427: 1418: 1416: 1407: 1406: 1402: 1393: 1391: 1382: 1381: 1377: 1368: 1366: 1357: 1356: 1352: 1342: 1340: 1331: 1330: 1326: 1316: 1314: 1305: 1304: 1300: 1290: 1288: 1284: 1278:Wayback Machine 1273: 1269: 1268: 1264: 1251: 1250: 1246: 1237: 1236: 1232: 1222: 1220: 1216: 1210:Wayback Machine 1205: 1201: 1200: 1196: 1186: 1184: 1180: 1174:Wayback Machine 1169: 1165: 1164: 1160: 1150: 1148: 1144: 1137: 1133: 1132: 1128: 1120: 1116: 1115: 1111: 1093: 1092: 1088: 1083:. p. 8 EV. 1074: 1073: 1069: 1059: 1058: 1054: 1044: 1042: 1032: 1031: 1027: 1018:. pp. B1, 1009: 1008: 1004: 990: 989: 985: 976: 974: 958: 957: 953: 943: 941: 937:. pp. C1, 928: 927: 923: 909: 908: 904: 895:. pp. F1, 886: 885: 881: 863: 862: 858: 844: 843: 839: 825: 824: 820: 815:. pp. SE1. 806: 805: 801: 787: 786: 782: 768: 767: 763: 745: 744: 740: 730: 728: 719: 718: 711: 701: 699: 690: 689: 685: 675: 673: 664: 663: 656: 646: 644: 635: 634: 630: 620: 618: 605: 604: 600: 590: 588: 575: 574: 570: 557: 556: 549: 544: 532: 500:J.W. 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Index

Mesa, Arizona
Coordinates
33°23′35″N 111°51′45″W / 33.3930°N 111.8626°W / 33.3930; -111.8626
Homart Development Company
anchor tenants
Total retail floor area
GLA
Archived
Wayback Machine
shopping mall
Mesa, Arizona
Homart Development Company
Sears
anchor store
The Broadway
Goldwater's
Diamond's
Arizona Mills
Sears, Roebuck and Company
Homart Development Company
The Broadway
Goldwater's
Diamond's
Banner
Superstition Freeway
Avril Lavigne
Arizona Mills
Chandler Fashion Center

International Economic Development Council

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