Daily News 11-3-2026

East Valley farmland slated for lakeside commercial development

A lakeside development with restaurants, retail and office is proposed within Morrison Ranch, Gilbert’s 3,000-acre master-planned community. The 16-acre project called Lakeside Village would turn empty farmland off Higley Road and Bloomfield Parkway into a 160,000-square-foot upscale development, bringing commercial use to a community where most residential neighborhoods have been built out. Site plans for Lakeside Village were discussed Oct. 28 by the Gilbert…»

TSMC Phoenix Campus Fuels a $265B Suburban Property Boom

North Phoenix is now one of the hottest property markets in the country, and one company is the reason: Bloomberg reports that TSMC’s $265 billion project has pulled in suppliers, homebuilders and overseas investors. Industrial vacancy in the northwest suburbs has halved over 12 months to 8% in June, according to Colliers. The wider metro improved by only two points. Suppliers followed the chipmaker out to the northwest edge of the metro. That corner now has the strongest…»

The District brings massive mixed-use development to Avondale

The District is a 32-acre, 269,000-square-foot mixed-use development in the heart of the Boulevard District at the northwest corner of Avondale Boulevard and Van Buren Street. Avondale officials have designated the area as the center core of its BLVD project, which spans 356 acres and includes residential, commercial and employment developments with an urban design theme. The District will feature a major grocery store, plus specialty retail stores, restaurants and entertainment…»

257-room Hotel Six Four, Mayo Blvd will break ground in North Phoenix

Plaza Companies and Fayth Hospitality will break ground on Hotel Six Four, Mayo Blvd, a new 257-room dual-brand Hilton hotel at the southeast corner of 64th Street and Mayo Boulevard in North Phoenix. The six-story hotel will combine the boutique lifestyle experience of Tapestry Collection by Hilton with the extended-stay accommodations of Homewood Suites by Hilton, adding a significant new hospitality offering to one of the Valley’s fastest-growing employment and business campus…»

LaSalle Investment completes buyout of large West Valley industrial park

Global giant LaSalle Investment Management, an independent subsidiary of JLL, scooped up another warehouse building at 303 Crossroads in Glendale on Oct. 29, as interest in industrial deals in the West Valley shows no signs of waning. The firm acquired Building B, which totals about 734,000 square-feet, for $109.5 million, according to Maricopa County property records. It bought the property from Chicago-based Clarius Partners, which developed the 303 Crossroads industrial…»