Press Releases

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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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Prominent Local Real Estate Firms to Purchase, “Reinvent” Park Central Mall

Plaza Companies, Holualoa Companies Purchase 337,000 Square Feet of Iconic Central Phoenix Property and will Lead Redevelopment Efforts It’s a change that has been decades in coming for one of central Phoenix’s most iconic properties. But the time for a new Park Central is now. Two of Arizona’s most prominent commercial real estate firms — Plaza …

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