Scottsdale’s CrackerJax entertainment park sold to Arizona tech billionaire

Two longtime family entertainment businesses, Tempe’s Big Surf and Scottsdale’s CrackerJax, have been sold to large companies with plans to use the land for other purposes.

In this story aired April 23, 2022, on KJZZ Phoenix:

They simply can’t generate enough revenue out of the current use to warrant existing in that location, when you look at what's going on all around it.

– Mark Stapp, Fred E. Taylor Professor of Real Estate and executive director of the Master of Real Estate Development program