PHOENIX, Arizona (September 12, 2017) — It’s a change that has been decades in
coming for one of central Phoenix’s most iconic properties. But the time for a new Park Central
is now.
Two of Arizona’s most prominent commercial real estate firms — Plaza Companies and
Holualoa Companies — have teamed up to purchase a significant portion of the Park Central
Mall site, once one of the Valley’s premier properties and one that has long been a target for
redevelopment.
A group spa industry veterans have come together to create a new hospitality and real estate company, Civana, based around sustainable wellness through an affordable travel and lifestyle platform.
Led by Kevin Kelly – who was former Canyon Ranch president and chief branding officer, and most recently was CEO and co-owner of California’s Two Bunch Palms – Civana will bring together wellness programming, sustainable design and hotel asset and property management.
Holualoa Companies portfolio company Sinfonia Healthcare Corp. is acquired Tabula Rasa HealthCare