April 23, 2020 Comments Off on Leasing Momentum Continues at Midtown’s Park Central Mall Redev Views: 457 Phoenix, Phoenix & Southwest News, Top Phoenix

Leasing Momentum Continues at Midtown’s Park Central Mall Redev

Order Reprints...

District Medical Group’s Children’s Rehabilitative Services renewed a 56,000-square-foot lease at Park Central Mall in midtown Phoenix. The first large-scale mall in Phoenix is in the midst of a major redevelopment to transform the property into a 500,000-square-foot mixed-use office project.

Plaza Companies and Holualoa Companies are co-developing the former mall at 3110 N. Central Ave., which is nearing completion of the first phase of redevelopment. The property’s expansive parking lot is being built-out, including Dinerstein Companies’ nine-story, 278-unit apartment complex and a dual-branded 207-room Home2 Suites/Tru by Hilton project now under design.

Citywide Commercial’s Bo Sederstrom, who represented District Medical Group, says, “Park Central is quickly becoming a major new medical hub in Phoenix, both for education and for patient services.” Creighton University is building a $100 million health sciences campus at Park Central, and West Coast Ultrasound Institute took 20,000 square feet at the property.

Connect With Citywide Commercial’s Sederstrom

Connect With Plaza Companies

Connect With Holualoa Companies

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Tags: , , , ,

Comments are closed.

Send this to a friend