Bidders line up for state land around TSMC campus

_{Photo via TSMC}

By Audrey Jensen | Phoenix Business Journal

Three heavyweight contenders have entered the ring in a battle for 2,300 acres of prime state land next to the sprawling Taiwan Manufacturing Semiconductor Co. campus in North Phoenix.

An Arizona state land auction for the megasite surrounding TSMC is scheduled May 29 with a minimum bid of $56.28 million, or about $24,000 an acre. A bidding war could ensue between three real estate groups that have been approved to participate in the auction by the Arizona State Land Department.

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May 14, 2024

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Bidders line up for state land around TSMC campus

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