I
n the past decade, Arizona has seen headline‑making real‑estate projects that create jobs, attract residents, and draw businesses. The largest, a $165 billion TSMC investment in North Phoenix, sets the tone for the following ten transformative developments:
- **Teravalis – Buckeye:** 37,000‑acre plan for 100,000 homes and 55 million sq ft of commercial space, reshaping West Valley.
- **VAI Resort – Glendale:** $1.2 billion resort with four hotels, an 11,000‑seat amphitheater, and a theme‑park complex.
- **The Ranch – Gilbert:** $1 billion mixed‑use project: 750 units, light industrial and commercial space.
- **Mayo Clinic – Phoenix:** $1.9 billion campus expansion under Bold. Forward. strategy, advancing healthcare innovation.
- **Amkor – Peoria:** $7 billion advanced‑packaging campus, 750,000 sq ft cleanroom, up to 3,000 jobs.
- **Halo Vista – Phoenix:** Proposed $7 billion “city within a city” around TSMC, 30 million sq ft of development.
- **Rio Reimagined – Phoenix‑Tempe:** 20‑mile river‑corridor revitalization, starting with a 30‑acre industrial site.
- **One Scottsdale – Scottsdale:** 120‑acre mixed‑use community, 2.86 million sq ft commercial space, 1,100 residences.
- **Culdesac – Tempe:** Car‑free, walk‑and‑transit neighborhood near ASU, 1,000 residents.
- **CityNorth – Phoenix:** 144‑acre urban core near Loop 101/SR 51, 5.5 million sq ft mixed‑use.