Daily News 7-17-2026
TSMC announces additional $100 billion investment in Arizona operations The Taiwan Semiconductor Manufacturing Company plans to pour another $100 billion into its TSMC Arizona operations in Phoenix, the microchip industry giant revealed during an overnight earnings report. Phoenix Mayor Kate Gallego celebrated the announcement, calling it “incredible news.” “TSMC will invest an additional $100 billion […]
Daily News 7-16-2026
Developer Signs Ground Lease For 1M SF Industrial Project In Phoenix A new 99-year ground lease agreement will bring a massive light industrial project to Phoenix’s Salt River community. Industrial developer Majestic Realty Co. announced last week that it has partnered with the Salt River Pima-Maricopa Indian Community and certain allotted landowners on the 59-acre […]
Daily News 7-15-2026
25 Arizona Builders Alliance member projects to know The membership of the Arizona Builders Alliance (ABA’s) membership has delivered some of the most impactful projects across the state. Here are 25 noteworthy developments made possible by ABA member companies.Arizona Science Center Dorrance DOME.General contractor: Ryan Companies US. Architect: DLR Group. Owner: Arizona Science CenterSubcontractors: Integrity […]
Daily News 7-14-2026
Phoenix apartment market improvement cracks top 10 nationally as vacancy drops, construction slows The Phoenix metro’s apartment market has been recovering from oversaturation and it has become one of the nation’s most improved markets in that regard. CoStar found last month that Phoenix is among the top 10 most improved multifamily markets in the country, […]
Daily News 7-13-2026
Slowing Apartment Supply Begins To Restore Landlords’ Pricing Power After several years of record apartment construction, the multifamily market is entering a new phase as slowing deliveries begin to restore landlords’ pricing power, according to Marcus & Millichap. Multifamily completions are projected to fall nearly 34% year-over-year in 2026, dropping to their lowest level since […]
Daily News 7-10-2026
Developer proposes 453,000-square-foot industrial park at former GE site Demand is surely growing for industrial space near TSMC’s campus in north Phoenix, and developers have another infill project on tap at a site along Interstate 17. Phoenix-based Dimension Financial Realty and Investments is proposing a new three-building spec industrial park with a 62,268-square-foot building, a […]