Fender Musical Instruments: Expansion at former PV Mall, new hires at six-figure salary

Fender Musical Instruments is planning to expand its Arizona presence at the former Paradise Valley Mall, relocating 200 employees and hiring 100 more at an average $100,000 salary.

The expansion would replace the company's Scottsdale location with an 88,000-square-foot facility at PV Reimagined, the new mixed-use mega development with apartments, restaurants and entertainment options at Tatum Boulevard and East Paradise Village Parkway.

Phoenix City Council will vote on the development agreement on Nov. 15, which would reimburse the company $2,500 for every new employee up to $250,000 over six years.

Here's who's moving in: Paradise Valley Mall development welcomes new restaurants and bars.

Funding would come from the city's Strategic Economic Development Fund.

"According to a third-party economic analysis, the expansion will create $456.9 million in economic output and $4.2 million in tax revenue over a 10-year period," city documents say.

Fender's main headquarters is a 24,500-square-foot facility in the heart of Hollywood. The Phoenix location would serve as a co-headquarters.

Reporter Taylor Seely covers Phoenix from The Arizona Republic / azcentral.com. Reach her at [email protected] or by phone at 480-476-6116.

This article originally appeared on Arizona Republic: Fender plans relocation from Scottsdale to Phoenix, plus 100 new hires