May 24, 2005
Watch for Kate Spade to start selling her famous handbags and other wares to decorate the home and those who live in it this weekend at Scottsdale Fashion Square.
The accessory designer popular among the celebrity crowd will attract the East Valley’s big-spending fashion lovers, but she isn’t the only luxury retailer to ramp up business at the upscale shopping mall.
Several high-end shops plan to move in to Scottsdale Fashion Square within the next few months and others already there are expanding, said Tracey Gotsis, mall-owner Westcor’s senior vice president for marketing.
And within a few years, well-heeled shoppers could be moving in along with their favorite retailers.
Westcor is looking at the possibility of adding luxury condos next to — and possibly on top of — the mall when leases for a motel, restaurant, gas station and theater are up in 2008, said David Scholl, Westcor senior vice president for development.
"We’re testing different schemes," Scholl said. "To do residential there now would be a hot commodity. In three years, would it still be the highest and best use? We don’t know yet, but we would be silly to look at all that land and say we don’t want to disturb a gas station."
Meanwhile, the retailers that the possible future mall-condo dwellers would patronize are already staking out their territory in the shopping center.
Leather goods specialty retailer Coach plans to more than double its mall space by September to start stocking and selling shoes and limitededition lines, Gotsis said.
Luxury luggage maker Louis Vuitton will add more space to make room for jewelry, watches and other accessories. And cosmetic shop Sephora is expanding to include more of its colorful and artistic product displays.
Besides Kate Spade, new to Fashion Square this month are Phoenix Skin MediSpa for Botox and face peels and theshowroom, a Neiman Marcus catalog shop.
Sarku Japan, a Japanese teppanyaki-style eatery, expects to open in July.
Shiekh Shoes is scheduled to debut in August.
Anthropologie, which is taking over the vacated PF Chang’s space, plans to open a massive — by mall standards — 12,283-square-foot store with an in-mall and outside entrance.
It expects to open in September, Gotsis said.
Lush, a luxury bath and body products shop, also plans to debut in September. Tourneau, which claims to offer the world’s largest selection of watches — 100 brands in 8,000 styles — has scheduled a November move-in.
"To get Kate Spade into the market, is a testament to Scottsdale Fashion Square," Gotsis said. Neiman Marcus is key to attracting the designer and other shops, she said.
In October, Westcor parent Macerich developed a luxury shopping center marketing team to pursue coveted highend retailers.
Three of the nine centers in the luxury category are in the Valley — Kierland Commons, Biltmore Fashion Park and Scottsdale Fashion Square. "We’re seeing quick results at Scottsdale Fashion Square because luxury retailers look for cotenants like Neiman Marcus," Gotsis said.