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Redevelopment of Valley Fair Mall set to move forward

The owners of Valley Fair Mall will be moving forward this spring with Phase 2 of the redevelopment project of the West Valley shopping center. Owner Scott Satterfield said construction, contracted by R&O Contractors, will begin on the plaza and additional retail sites in about a month if all goes as planned.
In Phase 2, the entrance to the mall will be reconfigured and a park will be added as part of the plaza, Satterfield said. Ross, Petco, Famous Footwear and Panda Express will front the new retail buildings. Best Buy had expressed interest in joining the new development, Satterfield said, but had to put plans on hold due to the current economic situation.
“We are hoping the economy picks up during the year and with retail expansion so we can do some things that we originally planned,” Satterfield said.
Brent Garlick, economic development director for West Valley City, mentioned a possibility that In-and-Out Burger might also join the development.
Phase 2 of the redevelopment project is scheduled to be complete before October, just in time for the Christmas shopping season, Satterfield said. Phase 3 is planned for spring 2010, but he said the economy will determine what this entails.
Phase 1 of the project was completed most recently with the opening of Olive Garden and TGIFriday, Garlick said. The Costco, which opened on the site a few years ago, was also part of the redevelopment plan.
Once the Valley Fair Mall Redevelopment Project is complete, Garlick said there will be close to one million square feet of retail space at the shopping center.
West Valley will reinvest up to $8 million of tax increment financing to assist in the redevelopment, Garlick said.