Future Site of the Estrella Falls Mall – Goodyear, AZ
Goodyear, AZ… Estrella Falls Mall
A recent article published 2/8/2013 in the West Valley view by staff writer Rachel Trott, provided some updates on plans for the long-awaited Estrella Falls Regional Mall in Goodyear, AZ. The mall developer, Macerich (formerly known as Westcor), met recently with the Goodyear City Council to go over a new construction timeline with plans to open the Mall by the end of 2016.
The updated goal for Macerich is to start the site planning and approval process by the end of this year, 2013! Once construction has started, it’ll take about 18 to 20 months to build out. For now, Macerich is leaning toward an enclosed project as opposed to an outdoor one, although that may change as the company works with the city for approval and construction.
The Estrella Falls Mall has been placed on hold several times since first being announced back in 2006. This year, Macerich is seeing more positive signs in the local economy, especially in light of 2010 Census data that was just released. The data shows for Goodyear that there is about 500,000 in population growth in the immediate area. That’s significant. The income numbers were solid as well and the trade area (area this mall would impact) extends past Goodyear to Buckeye, Avondale, Surprise, Waddell, Glendale and West Phoenix. Sales for retailers also seem to be improving, which bodes well for Macerich as it tries to get businesses to help anchor the mall. So far the Harkins movie theater chain and Macy’s have signed on to be part of the project, Goodyear city officials said.
This news has been long anticipated and the new mall will be another great addition to the many retail projects coming online in the West Valley. As the overall economy improves, the West Valley will continue to add more shopping, restaurants and business opportunities. Home prices are on the rise in the West Valley, especially in North Goodyear Area, where the new mall will be built.
You can easily preview All Homes Listed for Sale, close by the New Mall Area (near McDowell Road and Bullard Avenue) right here: If you are interested in Searching ONLY for Brand New Homes/New Construction or SPEC Homes you can do so here – NEW Home Search
View Current Homes for Sale Close to the Estrella Falls Mall below…
Homes for Sale Close to Estrella Falls Mall