Park Central

Despite Economic Slowdown, Work Continuing On Park Central Revitalization, Construction

FOR IMMEDIATE RELEASEContact: Tom Evans602.448.5483  | tom@evanscommunications.com New Buildings Underway, Tenants Moving In Over Past Month PHOENIX (April 16, 2020) – Despite the economic downturn, work has continued throughout the revitalized Park Central project over the past few weeks, with several significant milestones achieved.  Construction on the new Creighton University Health Sciences Campus is well …

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Park Central mixed-use building space

Park Central Wins AZRE’s 2020 RED Award for Redevelopment Project of the Year

AZRE Magazine has come out with their 2020 Real Estate Development (RED) Awards winners, and we are excited to announce Park Central has won the Redevelopment Project of the Year award. AZRE Magazine received a record number of entries and nominations for the RED awards for this year, and 17 projects were statewide. With a …

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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 …

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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 …

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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 …

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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 …

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Park Central Enjoys Flurry of Leasing Activity As Opening Approaches

Park Central is enjoying a flurry of leasing activity as the project pushes closer to its grand opening this spring. A number of new and renewed leases have been signed for space at the revitalized property, which is nearing completion of its initial redevelopment phase. The project is already becoming a magnetic draw with a …

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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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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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