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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.

Walmart groundbreaking Groundbreaking kicks off the construction phase of the Walmart Supercenter.

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.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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