Billion-dollar CrackerJax redevelopment project gets first approval in Scottsdale

A billion-dollar development that would bring more than 1,200 housing units to a plum parcel in north Scottsdale cleared a big hurdle when the city’s Planning Commission voted 6-0 on Sept. 27 to recommend rezoning the former CrackerJax amusement park land. The Parque would include multifamily, condominiums and workforce housing; a 100,000-square-foot Class A office building; nearly 35,000 square feet for new restaurants; more than 25,000 square feet for additional retail; a 223-key, five-star branded hotel; and 92,500 square feet of flexible space. Billionaire George Kurtz, the co-founder and CEO of cybersecurity company CrowdStrike, wants to create “a transformational, sustainable mixed-use campus as a catalyst to attract top innovators, technology entrepreneurs, knowledge workers, and venture capitalists to accelerate Scottsdale’s growing technology cluster.”