RED Development has now filled roughly 30,000 square feet of office space at Biltmore Fashion Park, bringing the recently converted footprint to full occupancy as two new tenants get ready to move in. The offices sit on the upper level above the center’s retail row along East Camelback Road and rank as one of RED’s first significant office wins since taking control of the property. For the midcentury open-air mall, the leases mark a shift as workplace space moves in alongside longtime restaurants and shops.
Two tenants, VanTrust and Phoenix Design One (PDO), have signed for second-floor space. VanTrust is relocating from another Phoenix office, while PDO is moving after a recent merger, as reported by AZ Big Media. Their deals push the roughly 30,000-square-foot block to full occupancy and add to the existing professional users already operating at the center.
RED converted the footprint out of former retail storage, with work starting in 2024 to create contiguous, amenity-rich office floors, according to Phoenix Business Journal. The building sits above tenants such as The Capital Grille, Ralph Lauren and Herman Miller, and it already houses Smead Capital Management along with RED Development’s Phoenix headquarters, per RED Development.
A step in a wider Biltmore overhaul
This round of leasing is part of a multi-year effort by RED to reimagine Biltmore Fashion Park, a plan that has included acquiring full ownership of the property and pitching a 10-story mixed-use tower, according to local coverage and the city’s planning staff report. A recent look at the Biltmore revamp and a Phoenix planning staff report describes proposed office, hotel and residential components that would sit alongside upgraded landscaping and more pedestrian-friendly spaces.
Local market signal
Developers and tenants say the new leases reflect steady demand for well-located, amenity-heavy office space in the Biltmore corridor. "We are genuinely excited to be part of the evolution of Biltmore Fashion Park," VanTrust's Keith Earnest told AZ Big Media, adding that easy access to restaurants and retailers was a major draw for employees.
RED says it plans to continue adding office product at Biltmore as market conditions allow, a strategy that could further reshape the Camelback corridor’s mix of retail and workplaces, according to Phoenix Business Journal. For shoppers and diners, that likely means more daytime foot traffic. For a property that once focused almost entirely on retail, it now means a lot more desks than dresses.
