PV Mall Redevelopment: Luxury Apartments, Whole Foods, and the Future of Living in Phoenix

Disclaimer: This article was created with the assistance of artificial intelligence (AI) and has been reviewed, edited, and fact-checked by a human editor.

PV Mall RedevelopmentPhoto byKelly Cook

Phoenix is transforming, and one of the most exciting developments is the PV Mall Redevelopment, a project set to redefine urban living in the Valley. The former Paradise Valley Mall, built in 1979, is being completely reimagined into a modern, walkable community simply called “PV.” Featuring luxury apartments, a Whole Foods, and an array of dining and shopping options, this new development is designed for those who crave convenience and a vibrant lifestyle. In this blog post, we’ll take you through everything you need to know about PV, from its prime location to the amenities that make it a top destination for living in Phoenix.

Prime Location in the Heart of Phoenix

The PV redevelopment is situated at the iconic corner of Tatum and Cactus in the highly sought-after 85254 zip code, often referred to as the “magic zip code” due to its ideal location. This 100-acre project is surrounded by established single-family neighborhoods, giving residents easy access to everything they need while still enjoying a sense of community. The walkability of PV is one of its standout features. Residents can walk to grocery stores like Whole Foods, Sprouts, and Costco, as well as retail stores such as Target and Walmart. Whether you’re looking for a quick bite at Whataburger or a fresh coffee from Starbucks, everything is just a short stroll away.

Tip: For those looking to experience the best of both Phoenix and Scottsdale, PV is perfectly positioned for convenient access to both cities.

Luxury Apartments and Flexible Leasing Options

Phase One of the PV development, Avenue Paradise Valley, offers 400 luxury apartment units in studio, one-bedroom, two-bedroom, and three-bedroom layouts. These modern, high-end apartments are designed for comfort and convenience, and for those looking for flexibility, the apartments allow for 30-day or more furnished rentals. This is particularly appealing for corporate housing, as Phoenix lacks ample short-term, furnished rental options.

The units come with top-notch amenities, including easy access to Whole Foods right on the first level. This makes daily grocery shopping a breeze for busy professionals or anyone who values convenience.

Stat: Avenue Paradise Valley apartments are set to open in late 2024, marking the completion of Phase One of the PV redevelopment.

Dining for Every Taste: From Fast Food to Fine Dining

PV will be home to a wide variety of dining options, ranging from fast food to semi-casual dining. Whether you’re craving a classic In-N-Out burger or looking for a more upscale experience at Blanco Tacos & Tequila, this development has something for everyone. Other notable restaurants include Flower Child, Federal Pizza, Oreganos, and Olive Garden. The variety ensures that no matter your mood, you’ll find the perfect meal right in your neighborhood.

Tip: The PV development will include newer concepts like Hawaiian Bros, which will make its Arizona debut in this prime location.

Phase Two: Life Time Luxury Living Coming in 2026

Phase Two of the PV redevelopment is set to be completed in 2026, bringing an exciting new residential option: Life Time luxury apartments. This 11-story complex will be home to 92,000 square feet of residential living space and will integrate the popular Life Time Fitness gym directly into the lifestyle experience. Residents will have access to a Life Time membership included in their rent, promoting an active and healthy lifestyle. Life Cafe will also provide convenient meal prep and delivery services, making it easier than ever for residents to eat healthy while maintaining a busy schedule.

Stat: Life Time Luxury Apartments will offer a country club-style living experience, making it one of the most unique residential options in the Valley.

A New Hub for Walkability and Convenience

What sets PV apart from other developments in Phoenix is its focus on walkability and convenience. The combination of high-end apartments, a Whole Foods market, a variety of dining options, and proximity to everyday necessities like Walmart and Target makes it a place where residents can live, work, and play—all without needing to get into a car. For those who want a modern, convenient, and health-conscious lifestyle, PV is poised to become one of the top spots to live in Phoenix.

Stat: With its walkability and all-in-one lifestyle, PV is expected to be one of the most popular residential areas in central Phoenix.

The PV Mall Redevelopment is more than just a facelift; it’s a complete reimagining of what urban living in Phoenix can be. From luxury apartments and a Whole Foods to top-notch dining and fitness amenities, this development is designed for those who value convenience, walkability, and a vibrant community. With Phase One opening in late 2024 and Phase Two slated for 2026, the PV development is set to become one of the most desirable places to live in the Valley. Whether you’re a young professional, a corporate renter, or simply someone who appreciates modern living, PV offers an unmatched lifestyle experience in Phoenix.

We have so many people contacting us who are moving to the Scottsdale/Phoenix area, and we are so happy to make the transition easier for them. If you have any additional questions about all the things that come with living in Phoenix, Arizona, reach out to us at info@cookandassociatesaz.com or by phone at (480)660-5974!