{"id":790591,"date":"2026-05-12T07:39:28","date_gmt":"2026-05-12T07:39:28","guid":{"rendered":"https:\/\/www.europesays.com\/us\/790591\/"},"modified":"2026-05-12T07:39:28","modified_gmt":"2026-05-12T07:39:28","slug":"mack-real-estate-moves-on-more-phoenix-land-near-chipmaker","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/790591\/","title":{"rendered":"Mack Real Estate Moves on More Phoenix Land Near Chipmaker"},"content":{"rendered":"

The land rush around Taiwan Semiconductor Manufacturing Company\u2019s north Phoenix campus is gaining steam.<\/p>\n

Mack Real Estate Group has applied to develop another 1,473 acres of Arizona State Land Department property directly west of Mack\u2019s 2,300-acre $7 billion Halo Vista master-planned project, the Phoenix Business Journal reported<\/a>.\u00a0<\/p>\n

The parcel sits between Halo Vista and Peoria<\/a>\u2019s planned 7,300-acre Peoria Innovation Core<\/a> district, a forthcoming mixed-use technology and manufacturing district spanning more than 7,300 acres.\u00a0<\/p>\n

The developer envisions the acreage as a potential expansion of Halo Vista\u2019s planned technology district, said Mark Edelman, the land department\u2019s director of planning and engineering.\u00a0<\/p>\n

Mack Real Estate Group agreed to begin planning work on the site even though it has not yet secured ownership or entitlements.\u00a0<\/p>\n

The parcel must still go through a marketed bid process and a public auction.\u00a0<\/p>\n

Mack\u2019s application indicated it plans to seek entitlements, and it aims to create a master plan for the property while building out infrastructure.<\/p>\n

Mack\u2019s application underscores how quickly developers are trying to lock down land surrounding TSMC\u2019s campus<\/a>, whose Arizona ambitions have exploded since the company first paid $89 million for 1,128 acres in 2020. What began as a $12 billion fabrication plant commitment has since ballooned into a projected $165 billion investment, triggering one of the largest waves of speculative land planning metro Phoenix has seen in decades.<\/p>\n

Nearly 20,000 acres of land around the chipmaker\u2019s campus, much of it formerly controlled by the state, is now either under development or moving through entitlement processes.<\/p>\n

Mack and McCourt Partners placed a winning bid for Halo Vista<\/a> in 2024 for nearly $56.3 million. The development is underway east of TSMC\u2019s plant along Interstate 17. Costco has been announced as its first tenant, while future districts include large-scale advanced manufacturing, research parks and mixed-use commercial development.\u2014 Chris Malone M\u00e9ndez<\/p>\n

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Local investors flip Phoenix office complex to Taiwanese buyer for $20M<\/p>\n

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Sole bidder Mack Real Estate buys 2,300 acres near Phoenix for $56M<\/p>\n

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Peoria looks to grab 835 acres for ambitious Innovation Core project<\/p>\n

\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The land rush around Taiwan Semiconductor Manufacturing Company\u2019s north Phoenix campus is gaining steam. Mack Real Estate Group…\n","protected":false},"author":3,"featured_media":790592,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5131],"tags":[5229,5643,1587,322860,1589,67,586,132,5230,68,2969],"class_list":{"0":"post-790591","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-phoenix","8":"tag-america","9":"tag-arizona","10":"tag-az","11":"tag-mack-real-estate-phoenix","12":"tag-phoenix","13":"tag-united-states","14":"tag-united-states-of-america","15":"tag-unitedstates","16":"tag-unitedstatesofamerica","17":"tag-us","18":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116560473959521122","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/790591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=790591"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/790591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/790592"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=790591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=790591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=790591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}