If you’re looking for office space in a mall, you’re not alone. The Paradise Valley Mall is slated for transformation into an office building and One Westside is in the works for Google. This is the latest in the evolution of malls into creative workplaces. There are many different types of office space available in these locations, and it can be difficult to determine which is right for your business.
Paradise Valley Mall to be transformed into mixed-use development
The 100-acre site of the former Paradise Valley Mall is being renovated by RED Development. The project, which will be known as PV, will be completed in phases and will include a 400-unit luxury apartment community, a Whole Foods market, a Harkins Theatre, and a three-acre park. The apartments will include studios, one-bedroom, and two-bedroom units.
A redevelopment plan has been approved by the Phoenix City Council, and a multi-family residential and office complex is being planned for the site. The project will include multi-family housing, restaurants, entertainment, retail, and housing, and could even include a grocery store and self-storage. The project is being developed by RED Development and Macerich, and construction is expected to begin within the next few months. The existing Costco and library branch will remain, and the developer plans to add a new retail and residential component to the site.
The redevelopment plan calls for a redevelopment plan of up to three million square feet, which would include retail, residential, and office space. The project also calls for the construction of self-storage facilities, retail, restaurants, and office space, as well as improving pedestrian pathways throughout the area. It also includes landscaping of the mall area. As part of the redevelopment project, PV will also be home to a new Whole Foods Market, a Harkins dine-in theater concept, and three upscale restaurants.
A newly-formed joint venture has purchased a majority stake in the Paradise Valley Mall site. The transaction closed on March 29. The deal generated about $95 million in net proceeds for Macerich. The developer will retain a 5% joint-venture interest in the multi-year project. The project aims to convert the old mall into a mixed-use development that will include a high-end grocery store, restaurants, and offices.
One Westside to become Google’s office space
Google’s new office space will be located in a former shopping mall in West Los Angeles. Developers Hudson Pacific Properties and Macerich announced the move last week. The mall will be converted to office space and will include folding glass walls and flexible interior layouts. The building’s design will be done by Gensler, a design firm that specializes in office spaces. Google has a number of offices throughout Southern California. It recently opened a large office in Playa Vista and has branches in Irvine and Venice.
Google is one of the few tech companies that continue to buy office space, and this latest deal with One Westside will only increase its footprint in West LA. Eventually, the company will have more than a million square feet of space in the area. This expansion is good news for the market, especially considering Google’s aggressive real estate strategy.
The former Westside Pavilion mall will be transformed into Google’s new office space. The mall was once a popular shopping center for Angelenos, and Google plans to redevelop it into a creative office campus. Once construction is complete, the company will lease the space for 14 years.
Google has been eyeing the West Side neighborhood as a possible location for its new office space. The tech giant announced last month that it is investing $1 billion in the city for a new campus. This announcement coincides with several other big tech companies making major investments in the city. For example, Amazon has announced it is establishing a dual headquarters in New York and Northern Virginia, while Apple is building a campus in Austin. Moreover, a major building in the West Village, called Westside Pavilion, is scheduled to be redeveloped later this year.