Fiesta Mall
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| Location | Mesa, Arizona, USA |
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| Address | 1445 W Southern Ave, Mesa, AZ 85202 |
| Opening date | October 3, 1979 |
| Developer | Homart Development Company |
| Management | Cushman & Wakefield |
| No. of stores and services | 35 remaining |
| No. of anchor tenants | 2 remaining |
| Total retail floor area | 1,000,000 (approx) |
| No. of floors | 2 |
Fiesta Mall is a super-regional shopping center in the U.S. city of Mesa, Arizona (part of the Phoenix metropolitan area). Encompassing approximately 1 million square-feet of retail space, it's located west of Alma School Road, between Southern Avenue and the US 60 (Superstition Freeway).
The mall could be categorized as a dead mall due to its great number of vacant stores.
In May 2017, LNR Properties sold the mall to Dimension Financial & Realty Investments for $6.72 million. A spokesman for Dimension said the firm intended to convert the mall into a health and education campus. The deal does not include the mall's four anchor properties, which are owned by other companies.
The development that would become Fiesta Mall was announced on October 8, 1970 by officials from the city and Sears, Roebuck and Company. Sears officials said the company would develop the mall, which would include one of their stores, through its subsidiary Homart Development Company. The mall was projected to cost $35 million to $55 million and encompass 1.2 million to 1.4 million square-feet of retail space on 120 acres. It's projected opening was 1973.
Fiesta Mall officially opened Oct. 3, 1979 with Sears, The Broadway and Goldwaters as its first three anchor stores. A fourth anchor, Diamonds, would open later. The mall was developed by Homart, which at the time of the opening of Fiesta Mall was developing several shopping centers nationwide anchored by Sears retail locations.
Fiesta Mall and other large developments in the area such as Desert Samaritan Hospital were facilitated to a great extent by population growth in the southeast Valley and the construction of the Superstition Freeway.
In June 1982, Sears, Roebuck and Co. sold a 50 percent stake in the mall to Grosvenor International. The selling price was not disclosed. Under the deal, Homart remained as the mall's management firm.
Homart announced plans in 1985 to grow the mall by nearly 40 percent from 921,046 to about 1.3 million square feet. Part of the company's $50 million expansion plans included a fifth department store. Homart withdrew plans the following year after several delays due to concerns about traffic and parking from the city and other developers with nearby properties.
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