Daily News: 11-3-25

Developer files plans to raze Scottsdale offices, build apartments

A five-building office complex near Old Town Scottsdale could be razed and redeveloped as apartments and restaurants, according to plans submitted to the city. The Clayton Companies owns a roughly 3-acre site at the corner of 74th Street and Earll Drive and plans to build an 89-unit apartment complex that would have ground floor retail space on the site. The site was rezoned in late 2024 to allow for the redevelopment and has been submitted to…»

Chipmaker TSMC to bid on more land that would nearly double its Phoenix real estate

Taiwanese Semiconductor Manufacturing Co. is making moves to add more land to its chipmaking campus in North Phoenix. The company applied to bring 902 acres of Arizona State Land Department out to bid as the firm plans increased investment for its manufacturing hub where production began last year. The site is just to the south of TSMC’s existing campus, which spans more than 1,100 acres near Interstate 17 and the Loop 303 freeway in North Phoenix…»

ASU completes $185 million ISTB 12 in ASU Polytechnic Innovation Zone

Arizona State University (ASU), in partnership with integrated design team SmithGroup and general contractor McCarthy Building Companies, has completed construction of the $185 million Interdisciplinary Science and Technology Building 12 (ISTB 12) at ASU’s Polytechnic campus in Mesa, Ariz. The state-of-the-art facility serves as the cornerstone for the Ira A. Fulton Schools of Engineering’s School of Manufacturing Systems and Networks…»

Lucid partners with Nvidia to launch autonomous cars for consumers

Lucid Group Inc. plans to launch what it describes as the first Level 4 autonomous vehicles for consumers to be manufactured in Arizona – with a new Nvidia partnership. Newark, California-based Lucid (Nasdaq: LCID) said Tuesday it’s integrating Nvidia’s DRIVE AGX Thor accelerated computers and DRIVE AV software into the company’s upcoming midsize electric vehicle lineup, which is slated to launch in 2026. “We’ve already set the benchmark in core EV…»

Modern industrial condos will be built in Glendale

The Mangat Group announced the launch of MG Business Park, a brand-new industrial condominium development on Oct. 27. Located on the southeast corner of Glendale Avenue and New River Road in Glendale, MG Business Park is on a 8.5-acre site. It is zoned M-1 (Light Industrial) by Glendale and will feature 36 units across five buildings, totaling more than 84,000 square feet of small-bay industrial space. Located near Luke Air Force Base with access…»