News & Articles

Press Releases

Central and Downtown Phoenix Emerging as One of Arizona’s Largest Higher Education Hubs

Thousands of Students Converge on Central City to Study Variety of Disciplines; Park Central Includes Two of Newest Educational Opportunities PHOENIX (January 27, 2021) – When most people think of Arizona college towns, it’s Tempe, Tucson and Flagstaff that pop to mind. But in central and downtown Phoenix, a critical mass of higher education is taking place that is making the area

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Where’s the Real Tech Boom Happening in the Valley? Right in its Urban Core.

Central Phoenix Leads Way in Tech Employment Growth, Business Attraction PHOENIX (January 6, 2021) – Tech jobs and companies are the holy grail of economic development, and are highly sought after by cities across the country. The tech industry provides high-paying jobs and significant economic impact — spurring cities to actively compete to attract tech companies. But

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State’s Tallest Precast Parking Structure Now Complete

PHOENIX (October 5, 2020) – Arizona’s tallest precast parking structure is now complete, bringing more than 2,000 new parking spaces to midtown Phoenix to support the Park Central revitalization. The new 10-story, $33.5 million, 551,750-square-foot garage was constructed on the south side of Park Central to accommodate the growing use of the property as a central

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Park Central Mixed-use development project outdoor image

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

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Media Coverage

The Valley has emerged as a leader in redeveloping derelict retail centers Phoenix Business Journal, 4.21.22

Sold-out crowd celebrates winners of 2022 RED Awards AZ Big Media, 3.10.22

Gadzooks founders to open two new midtown Phoenix restaurants Phoenix Business Journal, 7.28.21

Creighton University Health Science Campus-Phoenix AZ ARCHITECT Magazine, 6.24.21

Phoenix shopping center debuts new security robot ‘Parker’ AZ, 4.27.21

Robotic security guard on duty at Phoenix mall 12 News, 4.27.21

RadNet leases significant new space in Phoenix at Park Central AZ Big Media, 2.9.21

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 bioscienceAZ Big Media, 1.24.21

45 commercial real estate companies to watch in 2021AZ Big Media, 1.19.21

Tech boom defines Central Phoenix with job growth, business attractionAZ Big Media, 1.8.21

Major office redevelopment nears completion at Park CentralPhoenix Business Journal, 3.2.20

Park Central Lands 278-Unit Apartment Development AZ Big Media, 10.23.19

WearTech Center opens at Park CentralAZ 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