Development

How could recent major land sale affect Peoria?

The $12 million TSMC fabrication plant rising up in the north Valley has been drawing eyes from all over, especially the eyes of developers.

This hit home when Austin-based Castle Hill Partners spent $106.58 million on more than 5,200 acres in north Peoria not far from the plant, March 9.

The new owner has plans to develop the site immediately.

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