Office building near former Metrocenter Mall to be torn down amid redevelopment wave

Article originally posted on Phoenix Business Journal on June 18, 2026

Developers are gearing up to tear down another structure near the former Metrocenter Mall as the area undergoes a significant redevelopment.

The city of Phoenix on June 11 issued a permit for the full demolition of a 118,970-square-foot office building located at 9630 N. 25th Ave.

The 6.43-acre property off Interstate 17 includes one building completed in 1993, according to real estate database Vizzda. It went into bankruptcy before Utah-based Okoa Capital acquired it in April 2024.

The current property owner’s plans are unclear. Okoa Capital could not be reached for comment.

A zoning verification letter from the city’s planning department sent in October states the property is zoned A-1, allowing for a range of uses like industrial, retail, office, hotel and more.

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