Amkor Technology breaks ground on $7 billion semiconductor packaging facility near TSMC
A new semiconductor manufacturing plant broke ground in Peoria this week. Amkor’s $7 billion facility will reportedly be one of the largest chip packaging plants in the country and is expected to provide up to 3,000 jobs. The first phase of construction is expected to be finished in about two years, with the first chips being made in 2028. When all is said and done, the 750,00-square-foot semiconductor factory will provide chips to NVIDIA and Apple, which will be used for artificial intelligence. “Our goal is we want more. Peoria is open…»
Costco, Marriott join real estate project surrounding TSMC microchip plant in Arizona
A development team has landed the first commercial tenants to join a mixed-use complex developed next to Taiwanese Semiconductor Manfacturing Co.’s microchip plant in north Phoenix. New York-based Mack Real Estate and McCourt Partners, the team behind the $7 billion Halo Vista project, signed deals with Costco Wholesale Corp. and Marriott International as future tenants for the 2,300-acre development that surrounds the 1,100-acre TSMC plant, located near Interstate 17 and the Loop 303 freeway. Common Bond Development…»
Chandler plant to produce Intel’s most advanced US-made semiconductor technology
Intel Corp. unveiled details Thursday about its sophisticated Panther Lake processors and Arizona’s critical role in manufacturing the company’s next-generation personal computer chip technology. Intel plans to enter high-volume production for its Panther Lake chips – the brains that run computers or other electronic devices – at its Ocotillo plant in Chandler later this year. Panther Lake is the company’s first product built on Intel 18A, which the company claims is the most advanced semiconductor process ever developed and…»
Apartment Construction Surge Levels Off After Two-Year Boom
After years of staying below a longstanding ceiling for new apartment supply, the U.S. multifamily market surged past it — and then, just as quickly, began losing momentum. Since 2020, quarterly completions had been capped at around 100,000 units, a threshold that was never reached through early 2023. Then, in the second quarter of 2023, deliveries broke through for the first time since RealPage Market Analytics began tracking the sector in the 1990s. That milestone set off a run of growth that lasted 10 straight months, with every…»
Here’s a look inside the $850 million plan for The Metropolitan
Developer Concord Wilshire Capital announced that it has completed demolition of the former Metrocenter Mall and Oakwood Homes has been named the exclusive residential builder for The Metropolitan, an $850-million, vibrant, mixed-use destination project. The 64-acre development is set to transform the former site of the Metrocenter Mall into a walkable urban village seamlessly integrating Light Rail with housing, entertainment, dining, and retail. “We are pleased to announce that we have selected Oakwood Homes, a…»