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.