The site of a shopping center in northwest Phoenix that suffered extensive fire damage a year ago could soon see a massive redevelopment.
A Scottsdale-based commercial real estate investment development company called SimonCRE has announced plans to bring the Park Northern Shopping Center back to life, spending up to $18 million in the process.
That 2018 fire most affected a Safeway store at the site, which subsequently closed its doors.
As proposed, the Park Northern project calls for demolishing the former Safeway space to make way for some 60,000 square foot of newly-built space.
The arc-shaped shopping center, located on 15 acres at 3428 W. Northern Avenue, was originally built in 1981.
Work could begin on the redevelopment work later this year, with a rough completion date of early 2021.
Since its founding in 2010, SimonCRE has developed 155 projects in some 20 states.
By Garry Boulard
