Exciting changes are on the horizon for a well-known Scottsdale property:
- Project Name: The Parque
- Location: Former CrackerJax Family Fun & Sports Park, northeast of Scottsdale Road and Bell Road
- Developer: George Kurtz, CEO of cybersecurity firm CrowdStrike
Project Highlights:
- Scope:
- A high-end mixed-use project spanning 32 acres
- Key Components:
- 1,200,000 square feet of Class A office space
- Gated luxury residential community (112 units)
- Two hotels (one upscale boutique and one business-focused)
- Dozens of retail shops and fine dining restaurants
- A central public park and open spaces to preserve the community feel
Design Vision:
- Blend urban energy with natural serenity using lush landscaping
- Create a “live-work-play” environment attractive to top employers and residents
- Emphasize walkability and connectivity between office, residential, retail, and park areas
Timeline:
- Final city approvals expected in 2025
- Construction anticipated to begin shortly after approvals
This redevelopment aligns with strong market demand for mixed-use, Class A spaces in Scottsdale, especially among employers seeking premium amenities for talent attraction. Investors and real estate watchers should keep an eye on this transformative project.