Development

Phoenix acquires land, agrees to help install infrastructure for semiconductor plant

Phoenix officials have agreed to install infrastructure on three miles of streets for a Taiwan semiconductor factory.

On March 17, the Phoenix City Council approved a measure to acquire land near Interstate 17 from Carefree Highway to the Loop 303.

According to city documents, the cost is expected "not to exceed $12 million" for the acquisition of the land.

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Phoenix acquires land, agrees to help install infrastructure for semiconductor plant

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