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.