Daily News: 5-14-26

2,500 acres in Buckeye primed for next high-tech hub

A 2,500-acre site in Buckeye is aiming to land the Valley’s next mega-project, as brokers begin to pitch the site for semiconductor manufacturing and other advanced manufacturing uses. The site, called Grand View Arizona, is located near Broadway Road and MC 85, and is bisected by Union Pacific Railroad. A plan approved by the Buckeye City Council in April would allow nearly the whole site to be taken by one user, if there is interest from a large company in developing all of it. About…»

Lennar eyes 325 acres near TSMC amid unresolved wastewater issues

Lennar Corp. (NYE: LEN) has its eye on 325 acres of state land near Taiwan Semiconductor Manufacturing Co.’s $165 billion complex being developed in north Phoenix, looking to fill a need for more housing units for thousands of employees. The Miami-based homebuilder has submitted an application to the Arizona State Land Department in an effort to convince the department to auction a parcel on Dove Valley Road and Paloma Parkway. While Lennar is the applicant on that…»

Metro Phoenix ranks No. 4 in the nation for new home construction

For house-hunting Americans, the supply is limited.With a tight housing market for existing homes, the demand for new home construction is growing as homebuyers seek more options.But which cities have the most new home construction in 2026? According to a new analysis by InMyArea.com, metro Phoenix ranks No. 4 in the nation for new home construction, with more than 39,145 housing units permitted. However, despite ranking high in the nation for new construction, overall…»

Home prices have fallen, but not enough to solve Arizona’s affordability woes, report says

Arizona still has a supply and demand imbalance when it comes to housing, according to a new report from the Arizona-based think tank, Common Sense Institute. The report says just 42% of households in the state would be able to afford a new mortgage — down from 66% in 2019. Homeownership remains out-of-reach for many Arizonans in spite of the fact that home prices fell nearly 3% in 2025. “That’s 3% on a level that was so high historically, that while that is some…»

Inside Phoenix Sky Harbor’s $368M Terminal 3 expansion: Building a concourse without disrupting operations

It’s a show most people could never imagine, and a rare construction operation that occurred on several occasions this spring while most Phoenicians slept. A steel beam weighing as much as seven elephants was lifted off the ground between two massive cranes to become part of a growing airport. For these tandem “steel picks,” the towering cranes were out of sight of each other and had to lift precisely at the same time and height. The operation necessitated increased safety measures along…»