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Palisene - Wikipedia, the free encyclopedia

Palisene

From Wikipedia, the free encyclopedia

Palisene is a large, master-planned retail and residential community by Phoenix-based Westcor, a subsidiary of The Macerich Company, on the border of Northern Phoenix and Scottsdale, set to open in the Fall of 2009 and will be one of the largest "lifestyle centers" in the nation. Originally named Paradise Ridge, Palisene is a large community with 72 acres planned for luxury retail and 2,200 acres of homes, offices, resort, eateries, and golf course surrounding the luxury shopping center. It is also proposed to have over 1 million square feet (90,000 m²) of open-air retail.

Palisene will have at least three department stores, planned to be anchored by Neiman Marcus, Saks Fifth Avenue, and Barneys New York. Flanking these luxury department stores will be a myriad of new and familiar upscale designers to the Phoenix/Scottsdale area. Westcor proposed to over 100 luxury designers in New York over the 2005/2006 Winter with unconfirmed interest from Hermès, Prada, Giorgio Armani, Barneys Co-Op, and BVLGARI.

Palisene will adjoin the CityNorth lifestyle center across 56th Street to the west (which itself adjoins the Desert Ridge Marketplace lifestyle center to the west]] and will adjoin the One Scottsdale lifestyle center across Scottsdale Road. Combined, these four centers will stretch for three miles, offer at least four anchor stores, several hotels (including the JW Marriott Desert Ridge Resort), and almost 5 million square feet (460,000 m²) of retail space, making the entire complex the world's largest lifestyle center, and one of the top ten largest malls in the world.

Several familiar designers have also expressed interest in opening their second store in Scottsdale here at Palisene. Tiffany's representatives have stated that Tiffany's hopes to open a second store in the Phoenix area by 2008. Gucci, Louis Vuitton, Escada, and Cartier are also targeted to open their second stores in the Valley at this upscale North Scottsdale location.



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