
By Corina Vanek and Brandon Brown | Phoenix Business Journal
The first phase of the City North development in Phoenix will feature multiple restaurants including one from high-profile restaurateur Sam Fox and a dual-branded hotel by real estate developer Brian Frakes.
Robert Flaxman, CEO of Crown Realty & Development, the master developer of City North and thousands of acres in north Phoenix, said Crown plans to sell 8 acres to Frakes’ company, Common Bond Development Group, as part of the deal. The parcel, which is in escrow to sell, is near 56th Street and a new street that will be called City North Boulevard.
Flaxman said the pad for the hotel and restaurants should be ready for delivery by July.