Press Releases

Team Formed to Begin Construction on Creighton University Health Sciences Campus at Park Central

Plans at Park Central for a large-scale project that will help more Arizona physicians train and practice within state lines is currently underway, with new renderings and conceptual drawings showing a glimpse of the future. Construction on the expansive, two-phased Creighton University Health Sciences Building is slated to start this spring. Plaza Companies will oversee …

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Park Central Launches as Hub for the Arts in Central Phoenix

The revitalized Park Central project in Phoenix will be not only a bustling mixed-use development, but a hub for arts and culture as well, with the first cultural events coming to the property this upcoming weekend. Artlink Inc. will be hosting its 19th Annual Juried Exhibition at a temporary gallery space in Park Central’s Straus …

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Redeveloped Park Central Buildings To Bear Names of Original Department Stores, Families Involved with Original Mall

Goldwater, Diamond Families Among Those Lending Their Names to Redevelopment Project The Park Central Mall revitalization project has proved a goldmine for local history buffs, and now the buildings in the newly updated mixed-use development are receiving new names in another nod to the property’s rich heritage. Microfilm reels, news clippings, antique signage and old …

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OPEN FOR BUSINESS: New “Front Porch” at Park Central Now Complete for Restaurants and their Patrons

The revitalized Park Central took a major step forward on Friday, as one of its defining public features opened to the public for the first time.The “Front Porch” section of the project — the outdoor dining area facing Central Avenue and shared by several of the project’s restaurants — is now 100 percent complete and is open to patrons. …

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Ownership Group Completes Purchase of Additional 21 Acres, 193,000 SF at Park Central to Consolidate Property; Announces Ambitious Phase II

$28 Million Transaction Closes Wednesday; Plans Underway for Major New Residential Project Along With Creighton Health Campus, Expanded Office/Retail RedevelopmentThe ownership group that is redeveloping the Park Central Mall property has purchased an additional 21 acres of property and an additional 193,000-square-foot building, consolidating ownership of Park Central for the first time in decades.And, as part of the purchase, Tucson’s Holualoa Companies and Peoria-based Plaza …

Ownership Group Completes Purchase of Additional 21 Acres, 193,000 SF at Park Central to Consolidate Property; Announces Ambitious Phase II Read More »

image of PHSC medical office building

Creighton University To Build New Health Sciences Campus On Revitalized Park Central Property in Phoenix

Creighton University To Build New Health Sciences Campus On Revitalized Park Central Property in Phoenix Four-year Medical School and additional Health Care-related programs to launch Phoenix’s health care landscape is about to change dramatically — as is one of Phoenix’s most iconic properties. Creighton University – a Jesuit, Catholic University located in Omaha, Nebraska – has …

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Park Central Hits Halfway Mark in Construction As Dramatic Transformation Continues at Iconic Property

Retail Businesses Remain Open for Business During Construction Process; Anticipated Completion is Late 2018 to Early 2019PHOENIX (June 18, 2018) – If you’ve driven by the old Park Central Mall property in central Phoenix lately, you’ve probably noticed that the construction process is in full swing.In fact, Plaza Companies and Holualoa Companies have reached the halfway point in the transformation …

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Park Central Kicks Off Leasing Activity by Renewing Four Key Tenants

Park Central, the soon-to-be-revitalized mall in Central Phoenix, is kicking off leasing activity by renewing leases of four key tenants — Fired Pie, Thai Basil, Gainshare Inc. and Starbucks. These renewals — which total more than 25,000 square feet in the midtown Phoenix project — indicate a strong interest in the project as external leasing …

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Addition of Library to Park Central Marks First Step In Creation of New Community Gathering Place

With the opening of the temporary branch of the Burton Barr Library on January 5, the future of the new Park Central truly began. Revitalization efforts for Phoenix’s first mall will include much, much more than just a makeover — and more than just office and retail space. A key priority for the redevelopment effort …

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Park Central Mall Purchase Closes, Renovation Plans Unveiled

Plaza Companies, Holualoa Companies Complete Purchase of 337,000 Square Feet; Purchase and Improvements Valued at $57 Million Plaza Companies and Holualoa Companies have completed the purchase of a significant portion of the iconic Park Central Mall in Phoenix, and have unveiled plans for renovation of the property. The overall price of the purchase and expected …

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