He’s used to thinking big. George Kurtz, the founder of CrowdStrike, wants to convert a shuttered amusement park into a “transformational, sustainable mixed-use campus.” The Phoenix Business Journal reports Kurtz acquired the 28 acres where the park stood for $55 million.

To be called “The Parque”, a site plan submitted to the City of Scottsdale in late May proposes a 2 million-square-foot project. The Parque includes more than 1,200 residential units through multifamily, condominiums and workforce housing; a 100,000-square-foot office building; more than 30,000 square feet for new restaurants; more than 25,000 square feet for additional retail; a 223-key, five-star branded hotel; and 92,500 square feet for flexible space. Plans also call for a 2-acre, open space “Central Park” in the middle of the development, which is described as the “focal point” of The Parque.

The development team claims the project will bring over $1 billion of investment into the site. The team consists of Kurtz and David Megdal while Nelsen Partners has been tasked as the architect for The Parque.