The shopping center first opened in 1963 and underwent a major renovations in 2002, which included the addition of new stores and restaurants, as well as a redesign of the outdoor spaces.

The anchor stores at the mall's opening were the upscale San Francisco-based I. Magnin and Saks Fifth Avenue, joined in 1968 by Los Angeles-based The Broadway.

[2] The Broadway building, which was the first expansion of the mall, was designed by Charles Luckman and built by the Del E. Webb Corporation in 1968.

By the early 2000s, Westcor bought the shopping center, triggering a relocation project whereby the more global brands moved to Fashion Square to allow more room for "home-grown" and "fashion-forward" stores at Biltmore.

The mall was renovated in 2005 at a cost of $30 million, with one-third of its retail space changing tenants as a result.