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The club was known as Anderson's from 1982 to 2007, when it became Club Forbidden, then switched names to Vagabond Ballroom in November, 2010.
"We were trying to get rolling with Vagabond Ballroom, but people were still calling it Anderson's no matter what," says Anderson.
"So we figured, why spend the money to promote a new name when you can just go back to the one that everybody knows?"
In addition to reverting to the popular name, Anderson says they will be bringing back Fifth Estate standards like Cheap Ass Drink Night on Wednesdays, and will host Stand Up Scottsdale! on Fridays and Saturdays.
"When I originally started Anderson's, I did stand up comedy at the club from 1982 until 1988. In fact, it's where David Spade learned how to be funny," says Anderson, of the club's comedy history.
In addition, Anderson says he'd like to bring back the club's popular Area 51 goth night, and wants to play heavily to the club's '80s roots.
"Were not gonna play the mainstream hip-hop here. Things will be a little bit off center of what other Scottsdale clubs are doing. It's not going to be mainstream like other clubs, just the core of what made Andersons a success back in the day."