For most of the last five years, the corner of Cactus Road and Tatum Boulevard has been a construction site with a parking lot attached. This summer it stopped being that. The redevelopment known simply as PV, built on the 100-acre footprint of the former Paradise Valley Mall, has crossed the threshold from "coming soon" to "open tonight," and the timing matters if you live nearby. Between the new restaurants coming online at PV and a wave of summer programming at the town's legacy resorts, residents have more reasons to eat close to home in July and August than they've had in a decade.
The thesis is small and specific. Paradise Valley's summer dining map is being redrawn in real time, and the two forces reshaping it, a mall-turned-district six minutes north and resort kitchens pushing seasonal menus five minutes south, are on very different clocks. Knowing which door opens when is the difference between a good Tuesday night and a wasted drive.
What's already open at PV
The first thing to know is that PV is not a promise anymore. Ten restaurants, a grocery store, shops, offices, and apartments are operating on the site, with more construction underway around them. Velvet Taco, the Dallas-born fast-casual chain that opened its first Arizona outpost in Old Town Scottsdale, cut the ribbon on its second location at 12646 N. Tatum Blvd. in March 2026. The menu leans global, chicken tikka masala tacos and Korean-style fried rice sit next to fish and chips, which makes it a useful weeknight option when the household can't agree.
The rest of the current lineup includes Blanco Reserva Cocina + Cantina, a grocery anchor, and a rotating slate of smaller tenants that have been trickling in since the first wave opened in fall 2024. The developer, RED Development, has been public about curating the mix rather than filling space, and the executive team has said a seafood restaurant and a breakfast concept are still being courted for future phases.
The August-through-fall wave
The more interesting news for a resident planning the second half of summer is the schedule of openings between now and the end of the year. These are not rumors. Leases are signed, addresses are set, and buildouts are visible from the street.
| Restaurant | Address | Concept | Opening |
|---|---|---|---|
| Harry & Izzy's | 12770 N. Tatum Blvd. | Upscale American grill, sister to Indianapolis' St. Elmo Steak House | August 2026 |
| The Vig PV | 12780 N. Tatum Blvd. | Elevated tavern from Genuine Concepts, eighth Valley location | 2026 |
| Cala | 4596 E. Cactus Rd. #105 | Mediterranean, second location of Clive Collective's Senna House restaurant | 2026 |
| Too Sweet Cakes | PV site | Gilbert-based bakery with walk-up coffee window | 2026 |
Harry & Izzy's is the anchor of the fall lineup. It is the first restaurant Huse Culinary has opened outside of Indiana, and the 8,300-square-foot building faces PV's central park, the greenspace that hosts live music and events on the north side of the development. If you have never been to St. Elmo Steak House in Indianapolis, the relevant reference point is the shrimp cocktail, which is the item that made the parent restaurant famous and which is on the menu here.
The Vig PV is the other one to circle. Genuine Concepts opened the original Vig in Arcadia in 2006, so this is not a new brand in the market, but it is the first time the group has planted in Paradise Valley. The building was designed by Artie A. Vigil III of AV3 Design Studio around a semi-private desert garden patio, with a mid-century post-and-beam entry and adobe brick accents. Chef Jeremy Pacheco is running the kitchen, and the menu includes Poblano Chicken Enchiladas and a Pastrami Reuben that are worth the drive alone.
Cala is the interesting outlier. The original inside Senna House Hotel Scottsdale opened in 2022 and has been quietly one of the better Mediterranean rooms in the north Valley. The PV version will be roughly 6,500 square feet, sitting just west of Blanco, with an expanded pasta and pizza program built around the same coastal-Europe idea. Too Sweet Cakes will operate a 1,700-square-foot bakery with a walk-up coffee window and an open decorating area visible from the counter. The three-day, hundred-layer cronut is the calling card.
Two more restaurants were added to the pipeline in April 2026, Obon Sushi Bar Ramen out of Tucson and Culinary Gangster from the Raschillo family, both slated for 2027. Worth knowing they're coming, not worth planning around yet.
The resort side of summer
If PV is where the newness is, the resorts are where the season is. Sanctuary Camelback Mountain finished a $7 million renovation of its meetings and events venues in January 2026, an 8,000-square-foot reworking of the Views Ballroom, Views Terrace, Paradise Views, Lower Lawn, and the Cholla meeting room. The North facade of the Views Ballroom lost the fireplace, exterior bars, and partial walls that had blocked the view of the mountain, and a brise-soleil sun shade was added along the west and north elevations. General Manager Laura McIver framed it as a 2026 reset for the property, and the practical effect for a Paradise Valley resident is a more usable space for the fundraisers, weddings, and nonprofit events that fill the summer calendar.
The dining program is where locals actually benefit. A few specifics worth knowing:
- Elements, the resort's American-with-Asian-accents restaurant under Executive Chef Richard Wiggins, runs a three-course summer prix fixe menu through September 30, 2026.
- Jade Bar offers happy hour daily from 3 to 6 p.m. and again from 9 to 10 p.m., which is the rare late slot in a town where most kitchens close by ten.
- Sanctuary's Arizona Summer Staycation offer runs May 1 through September 30, 2026, and while it is designed for guests, the pool day passes and spa programming are open to the neighborhood.
Down the mountain, the JW Marriott Scottsdale Camelback Inn reopened its spa this year after a full redesign, and Lincoln Steakhouse continues to be the quiet steak room locals default to when a Vig table is impossible. The restaurant's name references the Lincoln Red, an English cattle breed, and the menu is closer to a modern American grill than a traditional chop house.
The pattern to notice: PV is programming for lunch and family dinner, and the resorts are programming for the adult evening. Most weeks this summer, both are within a ten-minute drive of your front door.
One aside for the Biltmore crowd
If your commute or errands take you west toward the Biltmore, two smaller openings at Biltmore Fashion Park are worth a stop. La La Land Kind Café is filling a 1,261-square-foot space near True Food Kitchen, its first Phoenix location, and a Herman Miller showroom opened next to Ralph Lauren in early 2026. Neither is a full destination on its own, but both round out an afternoon that already had another purpose.
How to actually use this summer
The honest answer is that most Paradise Valley residents have been eating the same six places for years, and the value of this season is a chance to break that habit without leaving the zip code. A short playbook:
- Lunch inside the week: Velvet Taco at PV, in and out under forty-five minutes.
- Family dinner without a reservation war: Blanco or, after August, Harry & Izzy's on the park side of PV.
- Date night that ends late: Elements at Sanctuary, then the 9 p.m. window at Jade Bar.
- Sunday morning coffee run once Too Sweet opens: the walk-up window is being built for exactly that.
The next twelve months will keep changing the map. Harry & Izzy's in August, The Vig and Cala later in the year, Obon and Culinary Gangster in 2027. If you have lived here long enough to remember when the mall was still a mall, this is the first summer since the demolition where the neighborhood actually feels like it has more places to go than it did before.
If you own a home in Paradise Valley and want a private conversation about how the PV redevelopment and the resort corridor are shaping property values on your street, Area Success works quietly with a small number of clients each season. Schedule a private consultation to talk it through.