Fiesta Mall, once a popular shopping and gathering destination in Phoenix, has faced challenges due to the rise of online retailers and the impact of Covid. However, plans are now underway to revitalize this iconic location.
Verde Investments Inc., based in Tempe, has submitted a rezoning application with the city of Mesa for a mixed-use development at the former Fiesta Mall site. The proposed project includes 4,000 apartment units as well as 750,000 square feet of office space and over 1 million square feet for commercial use including a hotel. Additionally, there will be more than half a million square feet dedicated to open space.
The new development is aptly named “Fiesta Redefined” and aims to restore this once-thriving retail center back to its original stature. With these exciting plans in motion, Fiesta Mall is set for an impressive transformation that will benefit both residents and businesses alike.
