$7B Halo Vista Development Breaks Ground Near TSMC Phoenix Campus
Construction has started on the build-out of Halo Vista, a 2,300-acre mixed-use development adjacent to the Taiwan Semiconductor Manufacturing Co. campus in north Phoenix, KTAR News reports. A ceremonial groundbreaking was held for the project March 26 by co-developers Mack Real Estate Group and McCourt Partners. The $7B development, located on 2,300 acres, will reportedly span 30M SF, with industrial, office, retail, research, healthcare and educational space as well as…»
Lennar eyes 826 acres for homes near TSMC, Amkor plants
National homebuilder Lennar Corp. (NYSE: LEN) is looking to build houses for future TSMC employees and others working for suppliers to the chipmaker. Lennar has submitted an application with the Arizona State Land Department for a roughly 826-acre parcel within Peoria’s Innovation Core. It’s the first homebuilder to apply for state-owned land within the PIC, according to an ASLD spokesperson. The PIC, which spans over 7,300 acres, is where.…»
Luxury apartments add to fast-growing Phoenix city
Ascent Companies and Merit Partners recently wrapped a more than four-year journey to open Stately Avondale in Avondale, Arizona. Renters began moving into the 286-unit development at 12375 W. Van Buren St. in late March. The units are a mix of primarily one- and two-bedroom apartments and some three-bedroom rentals. The project is the first in Avondale for Ascent Companies, according to President Bradly Richardson, and is a testament to the city’s strong population…»
Gilbert Heritage District’s apartment era is coming soon
The Heritage District is months away from opening the first phase of a massive development project that’s expected to change the landscape of downtown Gilbert. Why it matters: The district exploded onto the Valley’s entertainment and dining scene about a decade ago and now the town is ready for the next chapter: adding office workers and full-time residents to the mix. The big picture: Luxury apartments and high-end offices are the centerpiece of Heritage Park, a massive...»
Data centers’ growing demand is a focus of Hobbs’ Arizona energy plan
An energy task force convened by Gov. Katie Hobbs has outlined plans to expedite new projects to meet demand from data centers and Arizona’s semiconductor boom, while keeping the costs of doing so from driving up Arizonans utility bills. “We have this really big issue of needing to plan strategically for our energy future and … really the future of Arizona depends on that,” Hobbs said. The goal was to make “sure that we can meet the energy demands that…»