Ambitious Redevelopment at Park Central Mall

by Mike Hunter

Peoria-based Plaza Companies and Tucson-based Holualoa Companies are teaming up to redevelop Park Central Mall, transitioning the project to a bustling community hub ideal for playing, working, congregating and celebrating the arts. The first 337,000 square feet of redeveloped office and retail space will be done in January 2019. The recent purchase of an additional 21 acres of property and an additional 193,000-square-foot building consolidates ownership of Park Central for the first time in decades. Plans for an ambitious Phase II for the redevelopment will include a new nine-story residential complex to go along with a new Creighton University health sciences building.

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