Transwestern Development Company has purchased roughly 4.5 acres of land at the redeveloped Paradise Valley Mall—now called PV—for $20 million. They plan to build a luxury apartment complex with 335 units on this site. The four-story building will feature rooftop amenities, including a pool, several ground-floor courtyards, and a small dog park. Construction of the first phase is expected to start in September, with the initial units anticipated to be available by late 2026 or early 2027.
