TSMC Update

Massive investments are flowing into the U.S., with Apple announcing a $500 billion push and TSMC committing $100 billion. North Phoenix is feeling the impact in a big way. The semiconductor giant's expansion is fueling a surge in housing demand, and as a brokerage, we’re seeing unprecedented interest in the area. But there’s a catch. Some of the most anticipated developments, like Halo Vista and NorthPark, are still years away. Even more surprising, Halo Vista won’t have any for-sale properties, only rentals. Meanwhile, NorthPark is expected to bring over 19,000 residences, but homes for sale might not be available until 2028.

So, what does this mean for buyers, investors, and those relocating for work at TSMC?

Where Is TSMC & Why Does It Matter?

TSMC’s semiconductor plant is located off I-17 and Loop 303 in North Phoenix. As the company produces chips for major tech brands, the surrounding area is rapidly transforming into a key economic zone.

• Positioned west of I-17 and visible from Loop 303
• Expected to bring thousands of high-paying jobs
• Surrounding areas seeing record homebuilder activity
• Amcor facility in Peoria set to handle chip packaging

The economic boom has turned this region into a real estate hotspot, with new communities springing up to accommodate incoming workers.

Also Read: Apple’s $500 Billion Investment & Its Impact On AZ Real Estate

Where Are Buyers Purchasing Homes?

The demand for housing near TSMC is skyrocketing. Builders have been acquiring land aggressively, with a $56 million, 300-acre purchase by Shea Homes, Lennar, and Toll Brothers in late 2024. If you’re looking to buy near the action, these communities are seeing the most activity:

• Sonoran Commons – Established community across I-17
• Norterra & Union Park at Norterra – High-demand area with great amenities
• Northpointe at Vistancia – New builds in the $500K–$600K range
• Westwing Mountain & Rock Springs – Scenic, established communities in North Peoria
• Aloravita & Sonoran Mountain Ranch – Surrounded by hiking and biking trails

Most homes near TSMC are priced between $500K–$700K, but smaller or older homes can sometimes be found in the $400K–$500K range.

Also Read: A Very Important Update For Halo Vista, TSMC, And NorthPark

Halo Vista: No Homes for Sale, Only for Rent

If you were hoping to buy in Halo Vista, here’s the reality—it will be a rental-only community. According to a city official, all 9,000+ residences planned will be for lease, with no for-sale properties.

• Over 9,000 rental units planned
• No homes, condos, or townhomes for sale
• Still years away from completion

This is a major shift for the area, limiting purchase options near TSMC for those looking to invest.

NorthPark: Sales Still Years Away

NorthPark, on the other hand, is expected to be one of the largest master-planned communities in the region, featuring over 19,000 residences, including homes, condos, townhomes, and apartments. However, sales won’t be happening anytime soon.

• 19,000+ planned residences
• Mix of homes, condos, townhomes & apartments
• No confirmed sales until at least 2028

While the long-term potential is massive, those looking to buy soon will need to explore other nearby communities.

Also Read: New ‘City Within A City’ Taking Shape Around TSMC In Phoenix!

Other Developments & Future Growth

Beyond residential growth, the area is seeing major commercial and industrial investments. A $56 million purchase of 2,400 acres by Mac Real Estate Group is rumored to become a Science & Technology Park, similar to Intel’s development in Chandler.

• Potential "mini Silicon Valley" in North Phoenix
• Expected to attract tech companies & high-paying jobs
• Long-term commercial & industrial expansion

Meanwhile, rumors of a new airport near the Loop 303 have been shut down for now, but infrastructure improvements, including the eventual opening of 67th Avenue, will make commuting easier.

The Bottom Line

The real estate market near TSMC is evolving fast. Halo Vista will be rental-only, NorthPark is still years away, and demand is driving up prices across the region. For buyers, investors, and those relocating, it’s crucial to stay informed on where opportunities exist today while keeping an eye on long-term growth.

If you have questions about the market or want to explore options near TSMC, reach out to Williams Luxury Homes. We’re closely tracking every development in the area and can help you navigate this rapidly changing market.

Also Read: AI Explosion Helps TSMC Break $1 Trillion Market Value Barrier