Author: BEX Staff

Taiwan Semiconductor Manufacturing Company has broken ground on a 15-acre water reclamation plant to increase water recycling at its production site in north Phoenix. The Industrial Reclamation Water Plant is expected to become operational in 2028 and will have an initial water recycling rate of 85%. The goal is to reach up to 90%. The company’s current in-house water resource center has a 65% efficiency rate and converts industrial wastewater for use in systems supporting the company’s operations. Water from the IRWP will convert wastewater from TSMC’s fab sites to the ultra-pure quality necessary for chipmaking. The company has already…

By Craig McFarland/Pinal Partnership via Rose Law Group Located between the two largest cities of Arizona, Pinal Airpark has been working diligently for some time to increase its capacity. A fundamental step toward this goal is the recent approval for the installation of an air traffic control tower. Pinal County District 4 Supervisor Jeffrey McClure emphasized how, “This tower will facilitate the ability to grow this facility as well as the rest of the airpark”, helping it to keep up with the growth and development that Pinal County is seeing. Representative Juan Ciscomani (R-D6) has played a crucial role in…

By Roland Murphy for AZBEX Developer The NRP Group is requesting major site plan approval for a 336-unit affordable multifamily residential community at 1400 N. Promenade Pkwy. in Casa Grande. The 15-acre multifamily development is part of Walton Global Holdings’ 591-acre Casa Grande Commons Planned Area Development master-plan, which was granted a General Plan amendment and rezoning in December 2022. The proposed apartment site northwest of Florence Blvd. and Mission Parkway is currently undeveloped farmland, according to the staff report. Surrounding uses include vacant land to the north and west. The to-be-developed Promenade Village Build-to-Rent community site, which is also…

With Amkor Technology Inc. having moved its planned Peoria site from 56 acres in FIVE NORTH at Vistancia to a larger property in the Peoria Innovation Core, Peoria City Council has approved a development agreement that will let HonorHealth build a medical district on the Vistancia site. Under the agreement, HonorHealth will build an eight-acre medical district with an array of services, including primary, urgent and concierge care, along with other offerings, on part of the former Amkor site. HonorHealth also has options on another eight-acre parcel should future demand warrant it. Vistancia representatives said the HonorHealth agreement could eventually…

Environmental activist group The Center for Biological Diversity has filed a lawsuit in Maricopa County Superior Court against Arizona Department of Water Resources Director Tom Buschatzke alleging groundwater supplies in Benson are too low to support planned major developments and projects were approved using outdated data. The Villages at Vigneto, a 13,000-acre master-planned community that will have 28,000 homes, a golf course and multiple other developments if built, is central to the lawsuit. CBD alleges the Benson’s groundwater supply is insufficient to meet regulatory minimums. In order to build the Vigneto housing component, a 100-year supply is required. The complaint…

Giving Back 1. Employees of Brycon recently volunteered at St. Mary’s Food Bank, where they participated in the “Neighbor Distribution” event. The team filled more than 100 grocery carts with food and helped deliver them to recipients’ vehicles. Boards & Commissions 2. AZAGC announced three new board members: Victor Jimenez, President of Pulice Construction, Inc.; Dig Karki, Senior VP of Hunter Contracting Company, and Travis McCarthy, Senior VP and Southwest Regional Manager of the Transportation Group at Sundt Construction, Inc. Company News 3. Flagstaff-based Loven Contracting is celebrating its 40th anniversary on Oct. 21. In honor of the anniversary, the…

Sales Transactions 1. Lynn Morrison, LLC purchased the Ventana Plazaretail and office center at 5414-5455 N. Kolb Road in Tucson for $10.3M. WH Group #2, LLC, the seller, was represented by Arrow Real Estate Investment Services’ Samford Burstyn and Sam Wilson. Lynn Morrison, LLC was self-represented. 2. Larsen Baker brokered the $3.5M sale of Kolb Office Park, a two-building, 21.6KSF complex at 2090 and 2096 N. Kolb Road in Tucson. Camino Kolb Norte LLC of Phoenix, the buyer, was already a tenant in the property and will expand into the remaining vacant space. The buyer was represented by Realty One…

By Roland Murphy for AZBEX Lafferty Development is requesting a rezoning for 1.16 gross acres at the NWC of Madison and 13th streets in Phoenix to allow the creation of Madison Street Apartments, a 160-unit, 10-story multifamily community. Plan Details The site is currently split between multifamily zoning with a transit-oriented overlay and commercial office with a transit-oriented overlay. Lafferty has requested rezoning under Phoenix’s Walkable Urban Code, specifically: Walkable Urban Code, Transect 5:7 District, Transit Eastlake-Garfield Character Area. The property is located within 250 feet of the 12th Street / Washington / Jefferson light rail stations, according to the…

Amkor Technology has shifted its planned $2B semiconductor chip facility out of Vistancia and onto a new location in the Peoria Innovation Core. The City of Peoria was the only bidder in an Arizona State Land Department auction earlier this week for 834.5 acres of State Trust land. Peoria’s bid was $46.7M. Amkor will build its new plant on 104 acres within the newly purchased site northwest of Loop 303 and Lake Pleasant Parkway, known as Core 2 of the innovation core. The move appears to be a win-win for all involved. Many Vistancia area residents were adamantly opposed to…

By BEX Staff for AZBEX Vestar and Pacific Proving LLC have disclosed plans for Legacy Park, a new mixed-use master plan on approximately 200 acres at the NEC of Ellsworth and Williams Field roads in Mesa. Local news outlets report the developers are referring to the $1B-plus plan as an “urban oasis” that will have a significant impact on the quality of life for residents in Mesa, Gilbert, Queen Creek and the rest of the Southeast Valley. Pacific Proving has owned the vacant site for approximately 20 years. Plans for Legacy Park have been under consideration for more than three…