Price corridor site to include offices, hotels, an article from the East Valley Tribune, reports that construction began on Park Place less than two months ago and it will include 2 of 4 hotels for the immediate area, 1.2 million square feet of office space, 18,000 square feet of retail space and possibly high-rise office towers fronting Loop 202.

The project will serve as a gateway to the high-tech jobs hub along Price Road. Christine Mackay, a senior economic development specialist with the city said, "It will be a very attractive entry into that corridor." According to Phil Cyburt, founder of Cyburt Hall Partners, Park Place's master developer, some of the office space at Park Place will start opening as early as December 2009, and it will be fully operational by 2012. He said, "We're very committed to creating a very high-end business park."