Park Central flexibility continues to allure new tenants to heart of Phoenix
Staff Reports | Digital Free Press
Industrious is partnering with Plaza Companies and Holualoa Companies to open a new flexible workplace at Park Central in midtown Phoenix.
The upcoming space is the fifth location in Arizona and the second in Phoenix, which representatives of the brand say, highlights the company’s commitment to increasing its presence in major markets across the U.S.
“We’re pleased to continue growing our regional network in Phoenix and to partner with Holualoa Companies in bringing another Industrious location to the Southwest market,” said Shane Jones, real estate manager at Industrious, in a prepared statement. “Park Central is a true live, work, and play mixed-use destination with a rich history; we’re excited to be part of a growing and thriving community with our newest flexible workspace.”
Park Central — a joint venture between Plaza Companies and Holualoa Companies — is a 21st century, mixed-use campus with mid-century-modern, Class A office buildings found at 3110 N. Central Ave.
Park Central also features education, cybersecurity and healthcare uses as well as retail, multifamily residential, the Creighton University Health Sciences Campus and new hotels currently under construction, according to a press release.
Park Central’s original use as an outdoor regional mall was revitalized over the past few years, utilizing features that are attractive to today’s “new economy” office users. Design elements including large floor plates, high ceilings with a variety of exposed roof structures, ground level indoor and outdoor work experiences, and a collaborative atmosphere.
“Park Central’s mix of technology and design businesses, retail, fitness and casual dining is a perfect fit for Industrious,” said Sharon Harper, chairman and CEO of Plaza Companies. “Our combination of live-work-play tenants and amenities will provide an ideal environment for Industrious members to be inspired, creative, productive and delighted on every visit.”
Industrious Park Central will feature over 287 total seats spanning across 20,910 square feet. The space will offer a range of private offices, shared workspaces for individuals and teams, multiple conference rooms, lounge areas and more. The location is set to open in September 2023, the release states.
Ownership was represented by The Coppola Cheney Group of Lee & Associates, and Bill Cook/Margaret Lloyd of Plaza Companies. Industrious was represented by Matthew Mallers and Bryce Terveen of CBRE.
Industrious officials say the company is committed to building a robust network of premium office locations across city and suburban markets to support modern workplace preferences.