News & Articles

Press Releases

New Phase of Revitalization Taking Place on Park Central’s Northernmost Building

March 2, 2020

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

February 3, 2020

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

January 9, 2020

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

December 21, 2019

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

October 23, 2019

$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

July 8, 2019

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

June 3, 2019

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

May 28, 2019

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

April 18, 2019

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