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Despite the presence of 'Mills' in its name, it is not geographically close to or affiliated with Mill Avenue, a shopping and entertainment district near Hayden Butte to the north. The name comes from that of the property developer, formerly known as the Mills Corporation.
Like other Mills Centers, Arizona Mills has abstract graphics from the entrances and inside the whole mall. Likewise for this mall, numerous artworks are displayed throughout Arizona Mills from the people of Arizona.
In June 2008, the mall's website was changed from its former Mills Corporation format to its Simon Malls format along with 16 other sister Simon-Mills malls. It was the last Simon-Mills mall to make the switch. It is one of three malls Simon currently owns in Arizona, with Phoenix Premium Outlets in Chandler & Tucson Premium outlets being the others. It is the third mall Simon has ever owned in Arizona, previously having owned Southgate Mall in Yuma, Arizona, and Metrocenter Mall in Phoenix, Arizona which is now owned by Carlyle Development Group.