TSMC’s expanding North Phoenix campus is driving new jobs, suppliers, infrastructure and development throughout the surrounding corridor.

TSMC Arizona Expansion
 
Status: Confirmed expansion, with multiple facilities under construction
Location: North Phoenix near Interstate 17 and Loop 303

 
LATEST UPDATES;

- TSMC announced an additional $100 billion investment on July 16, 2026.

- Its total announced Arizona commitment is now $265 billion.

- Plans include 10 fabrication plants, two advanced packaging facilities and an R&D center.

- Construction of Fab 2 is complete, with volume production expected in 2027.

- Fab 3 reached its topping-out milestone in May 2026.

- Four additional advanced fabs were announced, but construction timelines have not been released.

Why it may matter locally:
 
- Continued job growth
- Increased housing and service demand
- Additional infrastructure planning
- Continued retail and commercial development
 
Nearby areas: Norterra, Tramonto, Anthem, 85085 and 85086
 
Last reviewed: July 24, 2026
 
Source: Arizona Commerce Authority
 

 Want a deeper look at how TSMC is influencing housing, businesses and infrastructure? Read our complete TSMC North Phoenix growth update.

Status: Under construction
Location: I-17 and Dove Valley Road, directly next to TSMC
 
LATEST UPDATES:

- Halo Vista officially broke ground on March 26, 2026, with initial work focused on site preparation and major infrastructure.

- The approximately 2,300-acre, $7 billion master plan allows for nearly 30 million square feet of mixed-use development.

- Planned uses include advanced manufacturing, offices, research and education, retail, hospitality and housing.

- A planned 780,000-square-foot industrial park near TSMC is expected to include seven buildings across roughly 55 acres, with a focus on attracting semiconductor suppliers and other companies that want to be close to TSMC.

- Confirmed first-phase anchors include Costco, an approximately 10-dealer auto mall, and a dual-branded Courtyard and Residence Inn by Marriott.

- Developers have announced plans for seven industrial buildings totaling more than 780,000 square feet near Dove Valley Road and 43rd Avenue. The space is intended for TSMC suppliers, advanced manufacturers and supply-chain companies.

- Site development is anticipated to begin in late 2026. This phase is planned; vertical construction has not yet been confirmed.

Last reviewed: August 24, 2026
 

WHY I'M WATCHING THIS

TSMC may be getting most of the attention, but what's being built around it could be just as important to North Phoenix over the long term. This new industrial phase is another sign that Halo Vista is starting to take shape as more than one development, it's becoming part of the larger growth happening around TSMC.

Conceptual rendering of planned industrial development at Halo Vista. Development plans are subject to change.

Last reviewed: August, 2026
 
Source: Arizona Commerce Authority

Status: Confirmed plan, pre-construction
Location: Southwest corner of I-17 and Loop 303
 
 LATEST UPDATES: 
 
- NorthPark is a future mixed-use master-planned community in the TSMC growth corridor.

- City of Phoenix information describes plans for approximately 15,000 homes.

- The plan includes local services, infrastructure and mixed-use development.

- Approximately 2,100 acres of open space are planned for donation to the City of Phoenix to expand the Sonoran Preserve.

- The NorthPark zoning case has been adopted and marked complete, but a construction timeline has not been announced.
 
Why it may matter locally:
 
- Significant long-term housing growth
- New demand for roads, schools and everyday services
- Additional preserved desert land
- Expansion of the developed area north of existing North Phoenix communities
 
Nearby areas: TSMC, Tramonto, Anthem and the Loop 303 corridor
 
Last reviewed: July 24, 2026
 
Source: City of Phoenix

Status: Under construction
Location: Loop 303 between I-17 and Lake Pleasant Parkway
 
LATEST UPDATES:
 
- Construction began in January 2026.
- Direct freeway-to-freeway ramps are being built between Loop 303 and I-17.
- Loop 303 will expand to three lanes in each direction.
- New bridges will accommodate a future interchange at 67th Avenue.
- The first segment between I-17 and 51st Avenue is a $129 million project.
- Construction is expected to take approximately two and a half years.
 
Why it may matter locally:
 
- Easier connections between I-17 and Loop 303
- More capacity for TSMC and North Phoenix traffic
- Temporary closures and delays during construction
- Infrastructure for future development west of I-17
 
Nearby areas: TSMC, Halo Vista,
NorthPark (future community), Tramonto, Anthem and Peoria
 
Last reviewed: July 24, 2026
 
Source: Arizona Department of Transportation

Fire ’N’ Ice Sports Arena
 
Status: Under construction

Location: 2727 W. Bronco Butte Trail, Phoenix, AZ 85085
 
LATEST UPDATE:
 
- Fire ’N’ Ice Sports Arena is expected to open in September 2026. The official project website has not yet confirmed an exact public opening date. 

- The 250,000-square-foot complex is planned to include two NHL-size ice rinks, five multi-sport courts and a main arena with seating for approximately 2,500 people.
- Plans also include an athletic academy, fitness center, restaurants, wellness services and an adjacent hotel.
- The venue expects to host hockey, basketball, volleyball, concerts, comedy and family entertainment.

Why it matters: 
 
Fire ’N’ Ice will add a major sports and entertainment destination in 85085, creating new recreational options close to Norterra and nearby communities.
 
Last reviewed: August 31, 2026

Sources: Fire ’N’ Ice Sports Arena and ABC15 Arizona
 
 
 

Status: Renovation complete as of 8/1/2026

Location: 2550 W. Happy Valley Road at The Shops at Norterra
 

Arizona’s first 4D E-Motion auditorium opened at Harkins Norterra on July 31, 2026. The experience combines motion seating with synchronized wind, water, scents and lighting. The theater has also added a CineBar and CineXL screen as part of its improvements.

Last updated: August 2026

Sources: Harkins Theatres, ABC15 Arizona and KTAR News