Pivotal Group’s Midtown Phoenix Mixed-Use Project Heads to Planning Commission

Article originally posted on Phoenix Business Journal on December 4, 2023

A major mixed-use project in a prime location in Phoenix is poised to take a big step forward.

The Central Park will be heard by the city’s Planning Commission on Dec. 7. The roughly 18-acre project, proposed by Phoenix real estate investment firm Pivotal Group, is adjacent to Steele Indian School Park on the northeast corner of Central Avenue and Indian School Road.

Pivotal Group, led by CEO F. Francis Najafi, has been trying to develop The Central Park for more than four years. It originally was proposed as an office-heavy development with six towers and 2.3 million square feet of space. City Council approved an application to re-zone the site during the summer of 2019 and Pivotal Group had kicked off the marketing of the first phase to potential tenants in early 2020.

Read complete article here: https://www.bizjournals.com/phoenix/news/2023/12/04/the-central-park-next-step-phoenix-planning.html