10/08/2025
Wow, the Halo Vista development (surrounding the TSMC microchip plant in North Phoenix) is making progress by officially signing on the first commercial tenants in the area - Costco and Marriott. This $7 billion mixed-use project by Mack Real Estate and McCourt Partners will bring 30M+ sq. ft. of commercial space and nearly 9,000 residential units to the area.
As TSMC continues to expand, with potential for up to six fabs and $165B in total investment, the demand for industrial, office, retail and hospitality spaces will only grow.
Congrats to CBRE’s Rusty Kennedy, Mitchell Stravitz, Mark McFate, and James Cohn, along with Phoenix Commercial Advisors’ Greg Laing and Daniel Gardiner, who are leading leasing efforts for the project.
We won't even recognize our NW corridor a couple of years from now with this massive development of manufacturing and live-work-play communities underway.
Check out the full article here: https://lnkd.in/gkahVzDk