Scottsdale developers behind a $1 billion mixed-use venture are refining their plans. George Kurtz, the man behind CrowdStrike, purchased the former Cracker Jax amusement park for $55 million in 2022 and the nearby Promenade Shopping Center for $180 million.
The Phoenix Business Plan reports the latest site plans for The Parque were submitted to the city’s Development Review Board for approval on March 10. The board meets again on March 20. Overall, the 30-acre site, located at 16001 N Scottsdale Road, will be home to approximately 1,236 dwelling units, a 223-room hotel, and a 150,000-square-foot office building—totaling more than 2 million square feet of planned development.
The Parque’s proposed first phase will include two sets of residential multifamily buildings — an 89-unit apartment building and a 70-unit condo building — that sit on top of retail or restaurant space, four separate restaurant spaces and a 1.7-acre park at the center of site. The four restaurant spaces will total about 40,000 square feet.
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