Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Phoenix & Southwest  + Phoenix  + Hospitality  | 
Scottsdale to vote on "The Parque" mixed-use project

Crowdstrike’s Founder Hoping Scottsdale OK’s “The Parque”

The Scottsdale City Planning Commission gave the plan its unanimous support, and now the City Council is considering approving a development plan and zoning district map amendment that would make way for “The Parque” – a mixed-use development at the site of the former CrackerJax amusement park. The Phoenix Business Journal reports Billionaire George Kurtz, the co-founder and CEO of cybersecurity company CrowdStrike, is looking to transform the 32-acre site into a mixed-use development with multifamily; retail and restaurants; a five-star hotel; a Class A office building; an open space gathering area called the “Central Parque” and more.

Specific plans for The Parque include a 223-key five-star hotel; 126 units at a hotel-branded condominium; 897 multifamily residences; 98 units for workforce housing; 100,000 square feet for new office; more than 25,000 square feet for retail and nearly 35,000 square feet for restaurants. There would be 12 buildings for The Parque, ranging from one story up to 10 stories. 


Inside The Story

The Parque

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
New call-to-action
New call-to-action