North Phoenix is quickly becoming one of the most talked-about growth corridors in the Valley, driven in large part by Taiwan Semiconductor Manufacturing Company’s (TSMC) expanding Arizona campus. TSMC’s continued growth is expected to create thousands of high-tech jobs and fuel even more residential, retail and infrastructure development throughout the surrounding area.
For buyers watching this growth and wondering where to purchase a new home, Union Park at Norterra offers a vibrant, master-planned community right in the heart of it.
How big is TSMC’s investment in Arizona?
TSMC has committed a total of $265 billion to its Arizona operations, one of the largest foreign direct investments in U.S. history. Highlights include:
- 12 planned fabrication facilities
- Two advanced fabs already in or approaching production
- 3,500+ employees already on-site, with thousands more high-tech jobs expected
- An anticipated 30% of the world’s most advanced semiconductor manufacturing capacity based in Arizona once complete
Is North Phoenix a good place to buy a home right now?
Growth on this scale brings more jobs, more rooftops, and more demand for everyday amenities. North Phoenix is already feeling that momentum, with expanding shopping and dining at The Shops at Norterra, new healthcare facilities, and continued freeway investment along I-17 and Loop 303.
Is Union Park located near TSMC?
Union Park is located approximately five miles from TSMC’s expanding Arizona campus, with convenient access to the growing employment corridor along Loop 303 and I-17, as well as other major employers throughout North Phoenix and the Northwest Valley.
Where can I buy a new home near TSMC in North Phoenix?
The Retreat Collection by Cachet Homes is the final new home neighborhood available in Union Park, offering a limited selection of remaining inventory homes featuring two-story designs, 3-car garages, 10-foot ceilings, and full access to Union Park’s amenities, including The Post recreation center, resort-style pool, pickleball and basketball courts, and 11 private community parks.
Don’t miss your opportunity to own a new home near one of the biggest economic developments in Phoenix. Connect with a Cachet Homes sales associate today!
