Here is what the redevelopment of Paradise Valley Mall could look like City of Phoenix/documents and last updated 2020-12-14 19:45:09-05 PHOENIX â The future of Paradise Valley Mall could include a specialty grocery store, shops, restaurants, office space, self-storage, and housing, according to initial concept renderings submitted to the City of Phoenix. Macerich, which owns Paradise Valley Mall and several other shopping centers around the Valley, has long labeled Paradise Valley Mall as a redevelopment property, but when that redevelopment could take place and what it could potentia...