Commercial Real Estate & Business News – December 5, 2023

Amkor Technology, Inc., a leading provider of semiconductor packaging and test services, has announced its plan to build an advanced packaging and test facility in Peoria, Arizona. By the time of full project completion, Amkor projects to invest approximately $2 billion and employ approximately…»

A proposed development in Laveen intends to bring nearly 300 acres of development near the western edge of South Mountain Park, which could include an auto mall, hospital, resort and apartments. The developer contends the project will bring more intensive uses, and a major boost…»

As demand for industrial space pulls back nationally, Phoenix and the Dallas-Fort Worth region stand out as leaders for change in occupied space over the past year. Both markets report rising change in occupied industrial space at or near 3%, the highest rate among the top 20…»

A major mixed-use project in a prime location in Phoenix is poised to take a big step forward. The Central Park will be heard by the city’s Planning Commission on Dec. 7. The roughly 18-acre project, proposed by Phoenix real estate investment firm Pivotal Group, is adjacent to Steele Indian School…»

Two of the most notable new eateries in the U.S. are in Phoenix, according to Esquire, which released its list of the top 50 new restaurants of 2023 on Tuesday. How it works: Esquire reviewers sampled about 200 restaurants across the country over the past year and narrowed down…»