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.