News & Articles
Press Release
Park Central Focuses on Health, Wellness in Work Environment
The revitalized mixed-use development in central Phoenix already had a focus on health before the pandemic. It’s the home to several significant medical organizations, and was designed to promote walkability, be bike-friendly and feature indoor-outdoor work spaces and open air environments.
Park Central Ramps Up Leasing Activity Despite Slowdown
Three New Leases Signed in Past Few Months at Revitalized Mixed-Use Development PHOENIX (April 29, 2020) – The revitalized Park Central project has enjoyed increased leasing activity despite the economic downturn, with three new leases signed in the past few months. New Leases Signed in Phoenix Interface Technologies has signed a lease to occupy the
Despite Economic Slowdown, Work Continuing On Park Central Revitalization, Construction
Construction on the new Creighton University Health Sciences Campus is well underway, and the new 2,000-space parking structure on the southern portion of the property is nearing completion in the fall. But additionally, several other key milestones have taken place in recent weeks.
Park Central Wins AZRE’s 2020 RED Award for Redevelopment Project of the Year
AZRE Magazine has come out with their 2020 Real Estate Development (RED) Awards winners, and we are excited to announce Park Central has won the Redevelopment Project of the Year award. AZRE Magazine received a record number of entries and nominations for the RED awards for this year, and 17 projects were statewide. With a
New Phase of Revitalization Taking Place on Park Central’s Northernmost Building
The Park Central development team is now working on a new phase of renovations to the iconic property, with the focus on one of the largest buildings on site — opening up a unique opportunity for an up to 80,000 square foot floor plate in the central corridor. The goal of the second phase of
Home2 Suites/Tru by Hilton Hotel to Take Shape As Part of Park Central Revitalization
Construction on 207-Room Hotel, Rooftop Pool Kicks Off in Late 2020 PHOENIX (February 3, 2020) – When complete, the large-scale Park Central revitalization effort will transform a once-defunct shopping area into the city’s premier destination to work and play. Now, the addition of a new, state-of-the-art hotel will help ensure that it’s also a top
Media Coverage
Major office redevelopment nears completion at Park Central — Phoenix Business Journal, 3.2.20
Park Central Lands 278-Unit Apartment Development — AZ Big Media, 10.23.19
WearTech Center opens at Park Central — AZ Big Media, 10.2.19WearTech Center opens at Park Central — AZ Big Media, 10.2.19
Work underway on Creighton University’s new midtown medical campus — Phoenix Business Journal, 9.23.19
New Mixed-Use Park Central Mall Space Honors Site’s History— KJZZ, 4.14.19
Take a behind-the-scenes tour of the new Park Central — Phoenix Business Journal, 4.3.19
Park Central first phase nears completion, secures first office tenants — Phoenix Business Journal, 2.19.19
Phoenix’s First Mall, Park Central in Midtown, Finally Gets Much Needed New Look and Life — Arizona Republic, 1.29.19
Next phase set for Park Central renovation — Phoenix Business Journal, 10.10.18
Creighton University to build $100 million medical campus in Phoenix — 12 News, 9.18.18
Creighton University’s Phoenix medical campus to open in 2021 — Arizona Republic, 09.18.18
Park Central kicks off leasing activity by renewing 4 key tenants — AZ Big Media, 03.23.18
Buried treasure: Trove of Park Central Mall artifacts provide glimpse into Phoenix past — The Arizona Republic, 03.21.18
ASU Scholars Preserve Phoenix History — ASU Now, 02.15.18
ASU Partners With Developers to Preserve Park Central Mall History — KJZZ, 01.27.18
Treasure trove of history found in Park Central basement — Fox 10, 01.26.18
‘Buried treasures’ unearthed at Old Park Central Mall in Phoenix — ABC 15, 01.26.18
Treasures unearthed during Park Central Mall revitalization — AZ Big Media, 1.25.18
Addition of Library to Park Central Marks First Step in Transformation — AZ Big Media, 01.08.18
Developers plan to retrofit Park Central into modern cool — AZ Big Media, 11.20.17
Pop-up library coming to Phoenix’s Park Central Mall after Burton Barr flooding — AZ Central,11.2.17
New owners plan big renovations, office-space upgrades at Phoenix’s Park Central Mall — AZ Central,10.19.17
What one dead mall can teach another: Turning Phoenix’s first mall into a high-tech hub — Phoenix Business Journal, 09.14.17
See who is buying Park Central Mall — Phoenix Business Journal, 09.12.17
Arizona’s oldest mall, Park Central, is getting a makeover — Arizona Republic, 09.12.17
Park Central Mall purchase closes, renovation plans unveiled — AZ Big Media, 10.18.17