Mack Real Estate plans 780K SF industrial park at TSMC’s doorstep in north Phoenix

Article originally posted on Phoenix Business Journal on August 11, 2026

New York-based Mack Real Estate Group’s debut industrial project in Deer Valley was a hit.

Now it’s taking the same approach that it used for Mack Innovation Park off Interstate 17 and the Loop 101 as it develops the first industrial buildings alongside McCourt Partners within Halo Vista – a 2,400-acre master-planned mixed-use community surrounding Taiwan Semiconductor Manufacturing Company’s north Phoenix campus.

The first phase will have seven buildings of various sizes amounting to 780,000 square feet on 55 acres – but the broader multiphase plan for the larger industrial park could bring up to 2.5 million square feet of new space at full buildout.

It’s the next step toward building out a future science and technology park like the one around TSMC’s Taiwan campus, where the chipmaker’s suppliers have their own operations nearby to better service TSMC within a strong supply chain ecosystem.

Suppliers have flooded into the Valley over the past year, and last month TSMC announced it was upping its investment in its Arizona plant by $100 billion, with total development costs now expected at $265 billion.

“Land appears abundant in the area surrounding TSMC, but the reality is that industrial zoned land is constrained in this immediate submarket, and users need top-of-the-market buildings that are ready to use,” Richard Mack, CEO of Mack Real Estate Group, told the Business Journal.

“Halo Vista will deliver them at TSMC’s doorstep,” Mack said.

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