DEVELOPMENT

Metrocenter redevelopment names project homebuilder as ‘The Metropolitan’ takes shape

An artist rendering of Luna Villas, one of five planned residential communities in The Metropolitan project as released Sept. 24, 2025. (Courtesy of Phoenix IG, LLC)

CEO of Diversified Partners Walt Brown Jr. speaks Sept. 24 about Oakwood Homes joining The Metropolitan as homebuilder for the project in Phoenix. (Independent Newsmedia/Jeff Wendt)

An artist rendering of Terra Court, one of five planned residential communities in The Metropolitan project as released Sept. 24, 2025. (Courtesy of Phoenix IG, LLC)

Ryan Smith, president of Oakwood Homes, speaks Sept. 24 about his company becoming the homebuilder of The Metropolitan project in Phoenix. (Independent Newsmedia/Jeff Wendt)

Phoenix Vice Mayor Ann O’Brien speaks about The Metropolitan project Sept. 24 in Phoenix. (Independent Newsmedia/Jeff Wendt)

An artist rendering of Brava Gardens, one of five planned residential communities in The Metropolitan project as released Sept. 24, 2025. (Courtesy of Phoenix IG, LLC)

An artist rendering of one of the retail areas planned for The Metropolitan project as released Sept. 24, 2025. (Courtesy of Phoenix IG, LLC)

The property formerly known as Metrocenter Mall, seen here on Sept. 24, was demolished in 11 months, ahead of schedule and under budget. (Independent Newsmedia/Jeff Wendt)

Nate Sirang, president of Concord Wilshire, speaks about The Metropolitan project Sept. 24. (Independent Newsmedia/Jeff Wendt)

Concord Wilshire Capital announced Wednesday that demolition of Metrocenter Mall has been completed and that Oakwood Homes would be the exclusive residential builder for The Metropolitan project on the mall’s former site.

Oakwood plans to build 1,000 residences on the property, which would include starter homes and apartment living.

“Their company’s values, extensive resources, design flexibility, and proven ability to efficiently deliver high-quality custom-designed townhomes for The Metropolitan, made Oakwood Homes a natural fit for The Metropolitan, aligning perfectly with our needs and the demands of today’s dynamic housing market,” said Nate Sirang, president of Concord Wilshire.

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