Groundbreakings
1. Intel Corporation has officially confirmed construction and tool installation has begun at its Fab 62 manufacturing facility at the company’s Ocotillo campus in Chandler. A sister project in the Intel expansion, Fab 52, came online last September. The company expects Fab 62 to be ready to start production by year end 2028.
2. Leon Capital Group has broken ground on Soltra Ironwood, a 343-unit multifamily project at 2425 W. Sonoran Desert Dr. in north Phoenix. The nearly 13-acre development is backed by a $63.8M construction loan from Santander Bank. LMF Construction is the general contractor, and Design Studio Architects is part of the project team. The first units are expected to deliver in 2027.
3. Construction is underway on The Buttes Commerce Center, a two-building industrial development totaling 233.5KSF on 13 acres at 1401 S. 52nd St. in Tempe. Ryan Companies US Inc. is the general contractor for the private institutional owner and developer. The project will include 32-foot clear heights, more than 25 dock doors per building and 3,000 amps of power per building. Completion is scheduled for September 2027.
4. Demolition is set to begin Oct. 29 on the historic Hotel Del Sol at 200 E. Third St. in downtown Yuma, launching its redevelopment into a multimodal transportation center. The project will preserve portions of the nearly century-old building, including sections of the north and east facades, historic signage and wrought-iron balconies, while adding new transit circulation, passenger waiting, ticketing and service areas. CORE Construction is the general contractor, and construction is expected to take approximately 18 months.
5. A $17.6M public safety investment is underway at the NWC of Indian School Road and Acacia Way, where the City of Buckeye has broken ground on Fire Station 709. The 15KSF, two-story facility will place operational functions on the first floor and living quarters above. Completion is expected in October 2027, with funding tied to the City’s voter-approved 2024 general obligation bond.
6. At-risk grading has begun for Boeing’s planned 35KSF industrial warehouse on 3.2 acres north of the NEC of Greenfield and McDowell roads in Mesa. The single-story facility will be built east of a planned fabrication building and will provide storage for unused equipment serving Boeing’s existing and proposed fabrication operations. Kimley-Horn & Associates, Inc. prepared the project narrative, and the Mesa Design Review Board reviewed the project’s architecture and landscaping Oct. 13.
Progress Reports
7. Construction of TSMC Arizona’s second semiconductor fabrication plant is complete, with tool move-in and installation now underway. Volume production is scheduled to begin in Q3 2027. The fab is part of TSMC’s broader $265B Arizona investment, which also includes a third fab under construction and early work on a fourth fab and advanced packaging facility.
8. Construction is underway on Farinosa Villas, Rockefeller Group’s 213-unit Build-to-Rent community on 17.4 acres at 3737 W. Dobbins Road in Laveen. The development will include a mix of detached homes, duplexes, townhomes and carriage-style units. Preleasing is expected to begin before the end of the year, with first move-ins targeted for February 2027.
9. Residents are moving into newly renovated units on the 15th floor of Tucson House, marking an early milestone in the $50M rehabilitation of the 17-story property at 1501 N. Oracle Road in Tucson. Gorman & Company is the City of Tucson’s contracted developer, and the project is approximately 15% complete. Renovations will reduce the building from 408 units to 358, with work continuing floor by floor through 2029.
Completions
10. More than a decade of phased civil work has concluded at Rivulon, Nationwide Realty Investors’ development at 275 E. Rivulon Blvd. in Gilbert. DCS Contracting Inc. completed $7.3M in infrastructure improvements dating back to September 2014, including roadway construction along Gilbert Road and Rivulon Blvd., water and sewer systems, storm drainage, traffic signals, street lighting, grading and pond construction. The work also included extending Allen Avenue to the Loop 202 frontage road.
11. Four new aviation buildings totaling 68.5KSF are complete at Falcon Field Airport in Mesa as part of the Falcon 12 development. DKS Properties LLC developed the project on more than four acres at Lot 12 along Falcon Drive, adding 12 aircraft hangars and approximately 7.4KSF of corporate office space. Primak Construction Group served as construction manager at risk and provided preconstruction services.
12. The fourth and final phase of JAG Development’s long-term investment at Willetta and 7th streets is complete with the opening of Willetta 15. The 15-unit apartment community at 531 E. Willetta St. in downtown Phoenix includes one-bedroom residences and follows the earlier Willetta 9 and Evergreen 9 condominium projects. The development caps a 20-year, $15M investment by JAG Development at the intersection.
13. ALDI opened its first Northern Arizona store at 3300 N. Glassford Hill Road in Prescott Valley. Velocity Retail Group’s Dave Cheatham and Darren Pitts represented ALDI in Arizona.
14. Four miles of US 180 in Eagar have been resurfaced following completion of a $2.2M pavement rehabilitation project between Apache Drive and milepost 407. Work included chip seal repairs, microsurface treatment, spot pavement repairs and shoulder improvements for drainage and roadway safety. Construction began in late June.
15. A new Goodwill store and donation center is set to open Oct. 22 near Bell Road and 43rd Avenue in Glendale. Goodwill of Central & Northern Arizona will operate the location.
16. Improvements to the Lake Pleasant Pkwy. and Deer Valley Road intersection in north Peoria are complete following construction that began in May. The project included median modifications, new double left-turn lanes for northbound and southbound traffic, and a new left-turn lane serving Speckled Gecko Drive. Talis Construction was the contractor.