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Historic Phoenix Park Central Mall To Get Major Renovations
Two real estate companies have bought the historic Park Central Mall in Phoenix with plans to revitalize the old shopping center.
Restaurants, commercial offices, artwork and outdoor spaces are among the planned improvements.
Built in the 1950s, Park Central Mall once sat on an old dairy farm on what was considered the north end of Phoenix.
Seventy years later, the property remains as the city has sprawled around it.
Sharon Harper, CEO of Plaza Companies, says she expects the redevelopment to be an economic boost to the area.
“We believe that Park Central is a heartbeat of uptown,” she said. “And we think with the vision that Holualoa and Plaza will bring with this, Park Central will be a signature opportunity for the improvement and the growth of the greater Phoenix region.”
Plaza Companies and Holualoa Companies have partnered on other projects in the past such as the the ASU Scottsdale Innovation Center.
Harper says a timeline and cost estimate for the Park Central project will be released in mid-October.
- Built in the 1950s, Park Central Mall once sat on an old dairy farm on what was considered the north end of Phoenix.
(Artist rendering courtesy of Plaza Companies and Holualoa Companies)
Plaza Companies and Holualoa Companies