Deer Valley Industrial Growth Surge Continues Near Airport

Industrial development around Phoenix Deer Valley Airport is booming due to demand from semiconductor suppliers and other expanding companies. Major developers are spearheading projects in the area. Pre-leasing of nearly 60% of 2 million square feet of industrial space reflects high demand. Proximity to the under-construction Taiwan Semiconductor Manufacturing Co. project adds to the area’s allure. Existing major employers include USAA, Honeywell Aerospace, Amazon, and FedEx, further boosting demand. Additionally, a significant land auction near TSMC is scheduled, indicating the area’s potential as a technology hub.

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