### Plans for The Parque Advance for Final Review
Scottsdale developers are refining their vision for a $1 billion mixed-use venture. George Kurtz, the founder of CrowdStrike, acquired the former Cracker Jax amusement park for $55 million in 2022, followed by the Promenade Shopping Center for $180 million.
The latest site plans for **The Parque** have been submitted to the city’s Development Review Board for approval, with the board scheduled to meet again on March 20. The 30-acre development, situated at 16001 N Scottsdale Road, is set to feature approximately 1,236 residential units, a 223-room hotel, and a 150,000-square-foot office building, bringing the total planned development to more than 2 million square feet.
In its proposed first phase, The Parque will include two multifamily residential buildings—an 89-unit apartment building and a 70-unit condo building—both incorporating retail or restaurant space on the ground level. The site will also feature four separate restaurant spaces, totaling around 40,000 square feet, along with a 1.7-acre park at its center.
This significant redevelopment project aims to create a dynamic, mixed-use destination in Scottsdale. The upcoming review will be a crucial step in moving the project forward.
