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PHOENIX-One of the Valley's most successful retail centers,Biltmore Fashion Park, will receive a makeover from its ownerWestcor, a subsidiary of Santa Monica, CA-based Macerich Co.

Early next year, the REIT will launch a multiphase redevelopmentof the 31-year-old lifestyle center, which it acquired from TaubmanCenters Inc. last year. "In my opinion, Biltmore has tarnished abit, and we'd like to take it back to its former grandeur,"saysDave Scholl, senior vice president of development forWestcor.

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