Rendering courtesy of Creation
By AZRE
On the heels of being named among the fastest-growing companies in America by Inc. Magazine, Phoenix-based Creation has no plans of slowing down as it acquires nearly 100 acres in Phoenix today with joint venture partner Clarion Partners for the development of a $250 million industrial and mixed-use project, Park Algodon.
Located on the northwest corner of the Loop 101 and Indian School Road in Phoenix, the off-market deal was handled by Greg Vogel and Max Xander of Land Advisors who represented both the buyer and seller, the John F. Long family. This is one of the last remaining vacant land parcels owned by the late Long, a real estate pioneer who was the original developer of Maryvale, Arizona’s first master-planned community. The immediate area has seen a significant amount of new development recently including the much-anticipated VAI Resort.
