Macerich Files Proposal to Develop Office Tower at Prominent Biltmore Intersection

Article originally posted on Phoenix Business Journal on January 26, 2024

A prominent intersection in the middle of one of the Valley’s top business districts could be getting a new office tower.

Santa Monica, California-based Macerich Co. — the owner of some of the Valley’s top shopping malls — filed a proposal to Phoenix’s Planning Hearing Officer to develop a 140-foot tall office tower at the site of Biltmore Fashion Park, on the northeast corner of 24th Street and Camelback Road.

Macerich’s application with the PHO shows the office tower will be 10 stories totaling 330,000 square feet. The ground floor would have retail space and the office floor plates would be 40,000 square feet apiece.

Read the complete article here: https://www.bizjournals.com/phoenix/news/2024/01/26/macerich-biltmore-office-tower-proposed.html