PHOENIX — Metrocenter Mall has dealt with its fair share of challenges in the past few years but received a shot in the arm Tuesday.
Walmart announced it will break ground next year on what is being called a linchpin in revitalizing the west Phoenix shopping center.
“This center needs a good energy kick and we believe Walmart is the type of retailer to do that,” said Warren Fink, CEO with Carlyle Development Group, which owns the mall.
The former Broadway building, which has been vacant since 2006, will be demolished and replaced by the 148,000-square-foot Supercenter.
The retail giant said the store will bring 250 full and part time jobs.
Fink said plans called for working with the city on rezoning that will allow for multifamily and seniors housing, corporate offices and health care facilities and medical offices.
“We’re talking with a small college and a charter school about coming to Metrocenter,” Fink said.
Marcia Veidmark, chairwoman of the North Mountain Business Alliance, said the store should attract more customers and capital investment to the area.
“Walmart’s investmement should be a catalyst for economic growth and job creation,” she said.
Metrocenter Mall opened in 1973 as the biggest shopping center in Arizona and one of the largest in the nation.
- See how top CFOs feel about economic growth in the Valley
- Migraine myths that keep patients from effective treatments
- Here’s why Gaydos went tankless with his water heater
- 12 things to watch before the Oscars
- Bocce ball and basketball: How you can help Arizona's Special Olympics athletes
- Tips on building the best wine room in Arizona
- Avoid the nightmare: 6 tips to choose a great contractor
- Breast cancer: Improved testing and treatments means more survivors
- Best and worst of Super Bowl commercials
- Failed back surgery: New hope for patients living in pain
- Ticking time bombs: Telltale signs your water heater is about to explode
- Reading glasses could be a thing of the past
- 6 cool ways teachers are using technology in the classroom
- Emerging tech jobs in Phoenix and how to get one in 2017
- 4 top treatments athletes use for pain
- Emergency! What to do when bathrooms flood
- Operation Santa Claus needs holiday help
- This college bowl season is likely to be epic
- Arizona kids in crisis: How you can help
- 11 holiday classics for the ultimate movie marathon
- New treatment offers hope for migraine sufferers
- 11 stadiums to watch your favorite football team
- Shopping for a TV? Best models for 2016
- The new beer pairing guide for holiday foods
- Avoid this holiday plumbing disaster in your home
- 7 tips to avoid holiday weight gain
- New treatments mean better prostate cancer survival rates
- 5 of the scariest things found in drains
- 6 tips to create the best family movie night
- New bone marrow procedure holds promise for healing pain