Halo Vista, the 2,300-acre master-planned development surrounding the $265 billion Taiwan Semiconductor Manufacturing Co. plant in north Phoenix, will begin construction on industrial buildings in late 2026.
The first phase of the industrial development will include seven buildings totaling roughly 780,000 square feet, but the site will eventually include about 2.5 million square feet of new industrial buildings. The first phase will be located at Dove Valley Drive and 43rd Avenue.
Led by Mack Real Estate Group and McCourt Partners, Halo Vista is expected to cost about $7 billion to develop. The project broke ground for infrastructure and early construction in March 2026.
“Our target occupiers will be TSMC suppliers and service providers, as well
as other advanced manufacturing companies seeking to benefit from the high-tech manufacturing talent and ecosystem created by proximity to Taiwan Semiconductor, one of the world’s most important companies,” Richard Mack, CEO of Mack Real Estate Group, said in a statement.
Mack said land zoned for industrial uses is limited in the area and there is high demand from semiconductor industry suppliers.
“We want to kick off industrial vertical development at Halo Vista to make sure that we stay ahead of TSMC supplier demand,” Chris Janson, president of Mack Halo Vista, said in a statement. “Our industrial land sites are situated to attract the new age of domestic manufacturers emerging in the United States.”
The industrial buildings will be west of the first phase of hospitality and retail development, which will include a Costco, a 253-room dual-branded hotel featuring both Courtyard by Marriott and Residence Inn by Marriott, and retail and restaurant space.
At full buildout, Halo Vista will contain 30 million square feet of new development, including up to 8,960 new residential units.
The project is divided into multiple sub-areas for development, which will concentrate complementary uses.
The sub-areas include:
- The town center with residential development planned to have nearly 9,000 apartment units, hospitality and dining.
- Lumen Square, planned for retail and hospitality, including an auto mall and other commercial development on the northeast corner of the site.
- The Forge, which will include a technology district and an innovation park for industrial, manufacturing and research uses.
- The Sonoran Oasis Research and Technology Park, which will accommodate research and office spaces for research and workforce development.
Halo Vista is one of two major master-planned developments surrounding TSMC’s holdings. South of Loop 303, a project called NorthPark is planned to encircle 900 acres owned by TSMC.
Roughly 6,500 acres of NorthPark are still controlled by the Arizona State Land Department, but the site was rezoned in late 2025 to allow more than 15,000 new housing units, including single-family homes and apartments, small- and large-scale retail, restaurants, commercial services, business parks, offices and about 2,100 acres of preserved open space.
TSMC and PulteGroup were both applicants in the zoning case. TSMC has since bought its land in NorthPark, but the remainder has yet to be put up for public auction.
Corina Vanek covers development for The Arizona Republic. Reach her at cvanek@arizonarepublic.com. Follow her on X @CorinaVanek.
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This article originally appeared on Arizona Republic: TSMC ecosystem fuels industrial buildout at Halo Vista
