Malls · Arizona
Fiesta Mall
Opened 1979. Closed 2018. Redeveloped in 2023. Owner of record Btt Fiesta Plaza LLC.
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from.
Site profile11 elements · what this retrofit is built with · tap a chip for the evidence
Sears
This site: Sears wikipedia · all sites with thisThe Broadway
This site: The Broadway wikipedia · all sites with thisSold since 2020
This site: 2023 Unknown research-deals · all sites with thisSingle-purpose entity
This site: BTT FIESTA PLAZA LLC county-parcels · all sites with this15-minute neighbourhood (5+ of 6 daily needs within 800 m)
This site: 6/6 openstreetmap · all sites with this30,000+ vehicles a day on an adjacent road
This site: 61,373 on 07~~SOUTHERN~~~~~~~~~~~~AVE~~~~~ fhwa-hpms · all sites with thisBike network nearby
This site: 48 ways openstreetmap · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 13,059 units, Maricopa County census-bps · all sites with thisGrocery within 800 m
This site: 3 stores openstreetmap · all sites with thisRedeveloped
This site: extraction · all sites with thisEducation
This site: …new_use field extraction · all sites with thisNow
| Status | Demolishedextracted, unreviewed |
|---|---|
| Strategy | Redevelopedextracted, unreviewed |
| New uses | education, healthcareextracted, unreviewed |
| Retrofit year | 2023extracted, unreviewed |
| Redeveloper | Dimension Financial & Realty Investmentsextracted, unreviewed |
| Owner of record | Btt Fiesta Plaza LLCcounty assessor |
Planning
| Zoning change | educationextracted, unreviewed |
|---|
Parcels, tax and title
| Parcel | Owner of record | Acres | Use · zoning | Value (appraised · assessed · taxable) | Last sale · deed | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
13428769all 48 county fields
| Btt Fiesta Plaza LLC | 6.0 | 1430 · CONTACT LOCAL JURISDICTION | $7.3M (appraised) assessed — · taxable $3.6M | 2012-10-01 $20.0M deed 134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
13426824all 30 county fields
| — | 4.6 | 1126 · CONTACT LOCAL JURISDICTION | — (appraised) assessed — | — deed 134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
13426815all 49 county fields
| Ug2 Mesa Ngx Az LP | 0.7 | 2630 · CONTACT LOCAL JURISDICTION | $620,212 (appraised) assessed — · taxable $524,247 | 2023-08-01 $950,000 deed 134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
13428674Ball 48 county fields
| Individual (Name Withheld) | 0.5 | 2030 · CONTACT LOCAL JURISDICTION | $1.2M (appraised) assessed — · taxable $783,602 | 2026-03-01 $3.2M deed 134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 11.8 | $9.1M |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2023 | Sold | — | Unknown ← Dimension Financial & Realty Investments | Wikipedia |
| 2017 | Sold | — | Dimension Financial & Realty Investments ← LNR Properties | Wikipedia |
| 2004 | Sold | — | Westcor ← Fiesta Mall | Wikipedia |
| 1995 | Sold | — | General Growth Properties Inc. ← Homart Development Company | Wikipedia |
| 1993 | Sold | $124.3M closed | L&B Real Estate Counsel ← Homart Development Company | Wikipedia |
| 1982 | Sold | — | Grosvenor International ← Sears | Wikipedia |
Securitised debt and public filers
Filings (2001 to date) that name “Fiesta Mall” and “Mesa” (126 hits, first 100 sampled, 7 other filers such as tenants left out). Only weak matches to commercial-mortgage trusts: the mall may have backed a securitised loan, or may just be mentioned in the filing; several trusts usually means one loan split into pari-passu notes. Earliest trust filing in the sample 2005-06-23 (a sample date, not the issuance date); candidate loan vintage 2005 from the trust name (weak match). Whether the loan is still in the pool, in special servicing or repaid is in the trust's monthly distribution reports, which are not searchable here. Text matches, not a title search. Open the search · all trusts.
| Kind | Filer | Filings | Dates | Forms |
|---|---|---|---|---|
| CMBS trust (weak) | BANC OF AMERICA COMMERCIAL MORTGAGE INC | 2 | 2005-06-23 to 2005-06-24 | 8-K 2 |
| CMBS trust (weak) | Banc of America Commercial Mortgage Inc., Series 2005-3 | 1 | 2005-07-21 to 2005-07-21 | 8-K 1 |
| Public owner (strong) | MACERICH CO (MAC) | 86 | 2004-11-08 to 2016-02-23 | 8-K 40, 10-K 24, 10-Q 21, 10-K/A 1 |
| Public owner (weak) | AMERIVEST PROPERTIES INC | 3 | 2003-09-16 to 2006-03-16 | 10-K 2, 8-K 1 |
As reported by the owner
Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.
| Year end | Filer | Name in filing | GLA sq ft | Occupancy | Years | Share | Sales psf | Anchors listed |
|---|---|---|---|---|---|---|---|---|
| 2009 | Macerich 10-K, 2010-02-26 | Fiesta Mall Mesa, AZ match: exact | 926,325 in-line 408,134 | 91.3% leased | built 1979 / acquired 2004 / renovated 2009 | 100.0% | Dillard's, Macy's, Sears | |
| 2006 | Macerich 10-K, 2007-02-27 | Fiesta Mall Mesa, AZ match: exact | 1,036,638 in-line 313,082 | 97.3% leased | built 1979 / acquired 2004 / renovated 1999 | 100.0% | $391 | Dillard's, Macy's, Sears |
Site context
| FEMA flood zone | X · 0.2 PCT ANNUAL CHANCE FLOOD HAZARDFEMA NFHL |
|---|---|
| EPA-regulated facilities within 500 m | 12: ALMA PARK CLEANERS; CHASE BANK SOUTHERN; CHICK-FIL-A #5202; CONTINENTAL CLEANERS; EXPRESSLY PORTRAITS INCEPA FRS |
| Census tract 04013422224 | 0 peopleACS 2023 5-year |
| Within a 10–15 minute walk (800 m) | 6 of 6 daily needs: 3 grocers, 3 schools, 22 parks or playgrounds, 7 health, 3 civic, 36 food and drink; 48 cycleway segments, 134 sidewalk-tagged segmentsOpenStreetMap |
| Opportunity Zone | noHUD |
| Housing permits, Maricopa County (AZ), 2024 | 13,059 units in 5+ unit buildings, 1,654 in 2–4, 21,667 single-family; 2023: 18,616 in 5+Census BPS |
| Other atlas sites nearby | 2 within 10 km, 8 within 25 km: Tri-City Mall (2.8 km); Los Arcos Mall (9.7 km)computed |
| Overture Maps | place Fiesta Mall (shopping_mall, confidence 0.58, from BrightQuery, Overture, Overture-signals); building footprint 6,459 m², 8.8 mOverture (CDLA-Permissive 2.0) |
| Attention: Wikipedia page views | 192,105 since 2015; 8,974 in the last 12 months (-22% vs the prior 12); peak 2023-05 with 6,966Wikimedia |
| Tract change 2013–2023 | tract boundary changed between the 2010 and 2020 census; no 2013 comparisonCensus ACS |
| Natural hazard risk (FEMA National Risk Index, tract) | very low overall (score 0.4); expected annual loss $102,186; community resilience very lowFEMA NRI |
| Tax-credit housing within 1 km | noneHUD LIHTC |
| Retail trade in the county, 2012 to 2023 | 11,076 establishments (+6%); 236,674 jobs (+29%)Census CBP |
| Housing market in the county | typical home value $455,168 (-1% 1 yr, +7% 5 yr); typical rent $1,715/mo (+1% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 61,373 vehicles a day on 07~~SOUTHERN~~~~~~~~~~~~AVE~~~~~ (minor arterial, 6 lanes); 5,548 trucks; 32 counted segmentsFHWA HPMS |
Summary, model-written
Fiesta Mall opened in 1979 after development by Homart Development Company, with Sears as its first anchor and later anchors including The Broadway, Goldwater's, and Diamond's. The mall experienced declining traffic after the 1997 opening of Arizona Mills and underwent multiple anchor and tenancy changes before closing in January 2018. Demolition began in July 2023 and the site is slated for education and healthcare reuse.
Why. The record attributes the decline to competition from Arizona Mills, which opened in 1997, and notes numerous anchor store and inline tenancy changes that followed.
Where it stands. As of 2024 the site is demolished and ownership is listed as Unknown (2023‑2024), following the sale from Dimension Financial & Realty Investments in 2023.
For a planner
- - Strategy marked as redevelop with planned new uses of education and healthcare.
- - Zoning change to education indicates a policy tool already applied.
- - Open questions include final ownership after 2024, exact timing of demolition completion, and how the planned uses will integrate with surrounding land use.
For a developer
- - Total parcel area ≈11.8 acres spread across four parcels.
- - Control is fragmented; the most recent known owner is Unknown (2023‑2024) after Dimension Financial & Realty Investments sold the property in 2023.
- - Entitlement stage shows a zoning change to education and a retrofit year of 2023, indicating demolition and redevelopment are underway.
- - Context‑layer constraints (flood, transit, environment) are not detailed in the record; market signals show an opportunity score of 5.0, county growth of 5.6% (2018‑23) and median rent of $1,587.
What we do not know yet
- - Exact demolition completion date is not specified in the record.
- - Current owner after 2024 is unknown (the record lists an Unknown owner only through 2024).
- - Environmental, flood, and transit constraints are not provided in the context layers.
- - The verification status is 'draft' and some fields are model‑extracted without noted review.
- - Parcel‑level details such as precise land‑use descriptions and any encumbrances are incomplete.
Generated by nvidia/nemotron-3-super-120b-a12b on NVIDIA API via Hermes CT from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Paradise Valley Mall, Phoenix, AZ · Malls · opened 1978; closed 2021; same strategy: redevelop
- Burlington Center, Burlington Township, NJ · Malls · opened 1982; closed 2018; same strategy: redevelop
- Carousel Mall, San Bernardino, CA · Malls · opened 1972; closed 2017; same strategy: redevelop
- DeSoto Square Mall, South Bradenton, FL · Malls · opened 1973; closed 2021; same strategy: redevelop
Elsewhere on the web
Pages with photos
- Goodbye Fiesta Mall: Demolition of Mesa shopping center begins ktar.com
- La demolición de Fiesta Mall está lista para comenzar | 12news.com 12news.com
- Fiesta mall entry3 commons.wikimedia.org
- Fiesta mall demolished for redevelopment – Mesa Leg… mesalegend.com
- Fiesta Mall demolition begins in Mesa - Phoenix Business Journal bizjournals.com
- Fiesta Mall, Mesa, AZ -- Feb 1997 flickr.com
- 🚨 Fiesta Mall DEMOLITION LIVE in Mesa, Arizona - YouTube youtube.com
- Fiesta Mall demolition in Mesa: Photos azcentral.com
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- retrofit already built
- closed or demolished site (sourced)
- county grew 5.6% 2018–23
- median rent $1,587
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Opened | 1979Wikidata |
|---|---|
| Closed | 2018extracted, unreviewed |
| Original developer | Homart Development Companyextracted, unreviewed |
| Architect | Architectonics, Inc. |
| Anchors | Sears, Diamond's, Goldwater's, The Broadway |
| County | Maricopa County |
| Census division | 8 · Mountain |
| Notes | Wikipedia categories: Demolished shopping malls in the United States |
Not yet recorded: acres, GLA, what is there now. Know it? Tell us.
Background
The Fiesta Mall was a shopping mall in Mesa, Arizona, United States. Opened in 1979 after nine years of development, it was constructed by Homart Development Company, the former shopping mall development division of the department store Sears. Sears was the first anchor store to open in the mall, doing so in 1977. Also present as anchor stores were The Broadway and Goldwater's, with Diamond's following in 1980. The mall began experiencing declines in traffic following the opening of Arizona Mills in 1997, and saw numerous anchor store and inline tenancy changes. After a long period of decline, it was shuttered in January 2018. It would be demolished between July 2023 and 2024.
Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.
Timeline
- 1970 Development announced
- 1973 Projected opening date
- 1977 Sears opens
- 1979 Opened (Wikidata)
- 1979 Official opening
- 1980 Diamond's opens
- 1982 Sears sells stake
- 1993 Sold to L&B
- 1995 Acquired by General Growth
- 2004 Sold to Westcor
- 2018 Closed
- 2023 Demolition started
- 2024 Demolition completed
Sources
- Wikipedia: Fiesta Mall · supports: original developer, status, strategy, year closed, zoning change
17 quoted sentences
On January 27, 2018, the mall closed permanently.
Homart Development Company
Demolition was completed in 2024.
Dimension said it planned to spend $30 million... for community colleges and for-profit schools.
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