News & Articles
Press Releases

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

Significant New Office Lease Signed for 20,000 Square Foot Space at Park Central
WCUI School of Medical Imaging and Nursing to Relocate to Revitalized Mixed Use Project; New Lease Builds on Recent Momentum and New Construction PHOENIX (January 9, 2020) – Park Central is welcoming its largest new tenant since its revitalization began two years ago. WCUI School of Medical Imaging and Nursing (WCUI) has signed a
Public Notice and Request for Proposals: Parking Garage Operator for Catalina Parking Structure at Park Central
Notice is hereby given that HPPC, LLC, as Garage Asset Manager (“GAM”) for a 2,001 space parking structure (the “Garage”) owned by the Park Central Community Facilities District (the “District”), is issuing a Request for Proposals (“RFP”) seeking an experienced parking garage operator from qualified operators interested in providing management of the Garage. Download the

The Dinerstein Companies to Build a 278-Unit Apartment Development in Park Central in Midtown Phoenix
$7.1 Million Land Purchase to Result in Nine-Story Development PHOENIX (October 23, 2019) – The owners of Park Central have sold off a 1.6-acre chunk of the property to a developer who is planning a mid-rise multifamily residential community on the site. Plaza Companies and Holualoa Companies sold the parcel along the southern boundary of

Construction to Begin on New Creighton University Health Sciences Campus at Park Central
Work on Site Begins July 8; Groundbreaking Celebration Planned for September It’s about to get busy at Park Central in midtown Phoenix, as construction of Creighton University’s nearly $100 million health sciences campus gets underway on July 8. Plaza Companies is the developer, and Okland Construction will be the general contractor for the first phase

The Sun Worshiper Returns to Park Central
It was once one of the most iconic features at Park Central Mall. Absent for years, it’s back for good. The Sun Worshiper — an iconic steel statue erected at Park Central in the late 1960s and removed during a remodel during the 1980s — has returned to Park Central and greets visitors on the west

Brokerage Team Selected for Park Central As Leasing Activity Continues to Accelerate
Park Central’s brokerage team is now in place as the first phase of the project is complete and leasing activity is accelerating at the iconic property. Margaret Lloyd, Senior Vice President-Brokerage Services, and Bill Cook, Vice President-Brokerage Services with Plaza Companies are teaming up with Craig Coppola, Andrew Cheney and Gregg Kafka of Lee &

Valley-Based Zipps Sports Grill Becomes Latest Addition to Revitalized Park Central’s Restaurant Lineup
Valley neighborhood sports grill Zipps is joining the variety of successful restaurants that are part of the redevelopment of Park Central in central Phoenix, and will be bringing homemade food, cold drinks and fun to Midtown and the Central Avenue corridor. Zipps Sports Grill will bring its neighborhood-oriented concept to a 6,506-square-foot space along with
Media Coverage
RadNet leases significant new space in Phoenix at Park Central — AZ Big Media, 2.9.21
RadNet Leases Significant New Space in Phoenix at Park Central— Commercial Executive Magazine, 2.8.21
Creighton University receives $25M gift to establish scholarship program in Phoenix, Omaha — Phoenix Business Journal, 1.26.21
Here’s how Metro Phoenix has become an innovative leader in bioscience— AZ Big Media, 1.24.21
45 commercial real estate companies to watch in 2021— AZ Big Media, 1.19.21
Tech boom defines Central Phoenix with job growth, business attraction — AZ Big Media, 1.8.21
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, 10.2.19
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