[1] The mall features Macy's, Dick's Sporting Goods, Dillard's, Nordstrom and Neiman Marcus, in addition to a 14-screen Harkins Theatres.

In 1977, a competing mall, the fully enclosed Camelview Plaza, was built just west of Scottsdale Fashion Square, on the other side of North 70th Street.

Dillard's took over the former AJ Bayless and Diamond's spaces to create a new department store, while Goldwater's was expanded to 235,000 square feet (21,800 m2).

The new ownership brought major changes to the mall, the largest being the addition of a new wing anchored by Arizona's first Nordstrom store and featuring many upscale retailers.

[12] In late 2016 the mall's owner, Macerich, announced plans of a new renovation, in excess of $100 million, which will include high-end residential units, a hotel, a new luxury entrance, hospitality areas and office space.

In 2019, Scottsdale Fashion Square transformed the former Barneys New York location into a co-working space operated by Industrious, a Manhattan-based company.

The co-working space spans two stories and approximately 33,000 square feet at the mall's east corner near Scottsdale and Camelback roads.

The 40,000-square-foot, three-level fitness center would be outside the mall's so-called "luxury wing," where Nobu, Tocaya Modern Mexican, Zinque, and other restaurants are located.

It would include "two-story storefronts and exterior-facing retail buildings at the south entrance, and a porte cochere that will incorporate up to five destination restaurants", and a luxury valet service.

By 2023, since the government lockdown, Scottsdale Fashion Square had announced several new additions, including Hermès, Gucci Men's Store, Versace, Warby Parker, Fabletics, Levi's, Golden Goose, Casper, Capital One Café, Buck Mason, Psycho Bunny, and Lucid Studio.

The restaurant will feature an indoor-outdoor space, a cocktail lounge, and a menu that includes wood-fired pizzas, fresh pastas, premium meats, and a wine selection of over 1,200 labels.

[20] In addition new restaurants were announced to open soon including Catch Seafood for the main mall as well as Luna and Pronto, followed by Seven for the Caesars Republic Scottsdale hotel.

On January 27, 2024, Scottsdale Fashion Square and partners from Phoenix Chinese Week gathered to celebrate the Lunar New Year.

The police made twelve arrests including YouTube star and boxer Jake Paul, who claimed that he did not take part in the looting and was only recording it.

[28] On August 5, 2020, the charges were dismissed without prejudice, with the Scottsdale Police Department saying it was "in the best interest of the community" and that a federal criminal investigation would be completed instead.

[29] On February 19, 2018, an off-duty police officer working security at Scottsdale Fashion Square shot and killed a man in the Brown Parking Garage.

The off-duty officer involved in the shooting, a 12-year veteran of the Scottsdale Police Department, was placed on paid administrative leave following the incident.

In 2012 Scottsdale Mayor Jim Lane and the city council approved a prepayment of the lease, financed by issuance of municipal bonds.

The most recent changes in 2017 faced resistance from local residents due to the mall's request for increased building heights to develop hotel, office, and residential spaces.

Macerich addressed some community concerns by increasing setback requirements, adding open spaces, and limiting building heights to 90 feet in certain areas.

[10] Scottsdale Fashion Square has undergone significant transformations, including the introduction of new high-end stores and extensive construction projects.

As of 2023, several long-time tenants, including Williams Sonoma, Crate & Barrel, and Ann Taylor, have closed their stores due to the mall's shift towards becoming a luxury center.