Taiwan Semiconductor Manufacturing Co. signed on as a partner for a rezoning effort to set up state trust land directly south of its plant to build a massive mixed-use master planned community.
Pulte Group has been eyeing the site, and last year submitted plans with the city of Phoenix for a Planned Unit Development, or PUD, to rezone the undeveloped state trust land and create the NorthPark development. TSMC signed on as a partner this summer in the rezoning efforts.
Developers envision creating a community with commercial, employment and residential uses, along with significant open space and preserve land across more than 6,000 acres.
The mixed-use community would include a maximum of 15,150 dwelling units, including detached single-family homes and apartment rental units, according to a website detailing the proposed project, called NorthPark Phoenix.
This story is posted in partnership with Phoenix Business Journal. Click to read the full story.
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