Commercial Real Estate & Business News – October 29, 2024

The 2,400 acres surrounding Taiwan Semiconductor Manufacturing Co.’s massive manufacturing plant in north Phoenix now have a name, and the massive site offers the chance to build a “city within a city,” developers said. The site, now called “Halo Vista,” could hold nearly…»

Tract, a developer of master-planned data center parks, recently announced its acquisition of a 2,069-acre land parcel in Buckeye. The land acquisition will be one of the largest data center parks in the United States, anticipating up to 20 million square feet of data center space across…»

Five generations of Tempe mayors gathered on a warm October day for a boat ride along Tempe Town Lake, the ongoing legacy project that each had a hand in crafting. Harry Mitchell (1978-1994), Neil Giuliano (1994-2004), Hugh Hallman (2004-2012), Mark Mitchell (2012-2020) and Corey Woods…»

PHOENIX — A $26 million federal grant was awarded to the Arizona Department of Transportation to widen US 93 to a four-lane divided highway northwest of Wickenburg. “Having US 93 divided all the way between Wickenburg and State Route 89 will enhance both safety and mobility in…»

Over three-quarters of residents, 82%, said they believe there should be caps on the amounts landlords are allowed to increase rent, according to a new survey commissioned by Redfin. Rent control has been a contentious topic for the multifamily housing industry for many…»