The Parque’s first phase earned unanimous approval from Scottsdale’s Development Review Board, allowing developers to begin seeking permits. The $1 billion redevelopment will transform the former CrackerJax amusement park into nearly 700,000 square feet of mixed-use space, plus 159 new housing units. Additional phases will return for review as the multi-year project moves forward.
Source: https://www.bizjournals.com/phoenix/news/2025/11/19/1-billion-development-of-former-crackerjax.html