Phoenix agrees to infrastructure deal for Taiwan Semiconductor plant

About 3,500 acres near Interstate 17 and Loop 303 were also rezoned as part of an effort to allow for employment uses, according to published reports. (City of Phoenix)

By Independent Newsmedia | Your Valley

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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