Arizona
Because the next chapter is taking shape across the Valley.
When someone asks why I see opportunity in metro Phoenix, I look at the full picture: communities developing, employers investing, healthcare expanding, transportation improving, and new places to live, work, and gather.
From Phoenix and Scottsdale to Tempe, Mesa, Chandler, Peoria, Goodyear, and Buckeye, here are some of the projects that have my attention:
Construction began in March 2026 on this approximately 2,300-acre, $7 billion planned development surrounding the semiconductor employment corridor. Plans combine industrial space, research, housing, retail, and hospitality—a long-term vision for an increasingly important part of the metro.
This 37,000-acre master-planned community represents a major long-term development in the West Valley. Its first village, Floreo, has opened, while the broader plan includes homes, parks, trails, open space, and commercial uses delivered over time.
A 320-acre planned commercial and lifestyle destination within Vistancia. In July 2026, the project selected a developer for its first-phase main street retail and restaurant corridor—another step toward bringing more services and gathering places to North Peoria.
This established 3,200-acre planned community brings together housing, parks, amenities, and planned employment uses in southeast Mesa. It illustrates how community planning can connect everyday living with the surrounding Gateway employment corridor.
The former mall is being transformed into a mixed-use destination with shopping, dining, housing, office uses, and gathering spaces. It’s a significant example of an established retail property taking on a broader role in its neighborhood.
Development around Goodyear Civic Square combines existing civic amenities with expanding dining and retail. The broader vision includes entertainment, residential, office, and hotel uses—building a more complete destination in the West Valley.
Development around ASU’s Tempe campus brings together offices, housing, restaurants, retail, and hospitality. The phased project connects university activity with places to live and work, while an additional boutique-style hotel was announced in October 2026.
This approximately 22-acre development is planned for six residential towers with apartments and condominiums. Its first apartment tower has opened, and the first condominium tower is anticipated for summer 2027—adding another housing option near the Scottsdale Airpark area.
Initial announced projects include Costco, an auto mall, and a dual-brand Courtyard/Residence Inn hotel. These supporting uses show how a major employment investment can influence plans for nearby services and accommodations.
The company’s first Arizona fabrication plant entered volume production in late 2024, and its broader manufacturing expansion continues to develop. This is an operating semiconductor campus with additional planned phases—not simply a future announcement. Its influence also makes supplier locations, workforce needs, and surrounding infrastructure important to follow.
Fab 52 became fully operational in 2025, adding advanced manufacturing capacity at the Ocotillo campus. Chandler’s established semiconductor base remains an important part of the East Valley’s employment and technology landscape.
Construction began in October 2025 on a planned $7 billion advanced semiconductor packaging and test campus. Packaging and testing are essential parts of chip production, making this another substantial investment in the region’s manufacturing ecosystem.
A large battery manufacturing project adds another industry to the southeast Valley’s employment picture. Town documents identify the cylindrical-battery facility as advancing while the separate energy-storage facility is on hold—an important distinction when evaluating the overall project.
A planned investment of nearly $1.9 billion will expand and transform its Phoenix campus, with completion targeted for 2031. The project adds another long-term healthcare investment to the north Valley.
The 175,000-square-foot Arrowhead hospital opened in 2024, bringing inpatient care, emergency services, surgery, and advanced imaging closer to West Valley families. It’s an example of healthcare facilities extending beyond the central city.
Groundbreaking took place in April 2026 for a 175,000-square-foot headquarters housing medical education, public health, research, and related programs. The project adds to downtown’s concentration of healthcare education and innovation.
Planning is advancing for a new terminal, with American Airlines announced as its primary carrier in September 2026. Current planning outlines possible construction beginning in 2029 and a potential opening in 2033. This is a long-range project with details still being developed.
The extension opened in June 2025, bringing rail service farther into south Phoenix and creating a two-line system. Transportation access is another factor to consider when comparing neighborhoods and business locations.
Phoenix approved an additional expansion toward west Phoenix in January 2026. The project adds another future transportation connection to watch, with construction, funding, and delivery details important to follow.
The major reconstruction project completed in 2025 added transportation improvements along a heavily traveled metro corridor. Infrastructure like this matters to commuters, airport access, freight movement, and businesses operating across the Valley.
Major construction reached substantial completion in late 2025 following added lanes and other improvements along 23 miles of highway. The corridor connects the north metro with northern Arizona and supports regional travel and commerce.
The developing resort near State Farm Stadium is another hospitality and entertainment project to follow. Its location places it within an established sports and visitor destination, with opening schedules best confirmed as construction progresses.
Facility upgrades are moving forward in 2026, while a separate South Building expansion remains part of future planning. Conventions and events are another piece of downtown’s hospitality and business economy.
Modernizations announced in October 2026 add to the investment in the region’s cultural venues. A city’s appeal also comes from the places where people experience music, performances, and community life.
A new Future48 Workforce Accelerator opened in October 2026, focused on aerospace and defense training. Preparing workers is an important part of supporting the employers and industries already investing in the region.
The Phoenix metro’s future is being shaped by housing, semiconductors, healthcare, education, hospitality, retail, transportation, and advanced manufacturing.
These investments give people reasons to explore the region—and to understand how its different communities are changing.
Metro Phoenix also offers desert recreation, golf, sports, dining, and distinct communities. The choice is about the daily experience you want as much as the future you envision.
More communities and housing choices to compare, with employment locations, commute times, and ownership costs influencing the right fit.
Opportunities to evaluate space for suppliers, professional services, restaurants, retailers, healthcare providers, and other businesses serving the region.
Different needs across the metro, from relocating households to students and employees. Actual rents, competing inventory, operating costs, and vacancy still determine whether a property makes sense.
A household relocating for work may want to rent before buying. A growing business may need a location closer to customers or suppliers. A property owner may see potential in an area where employment and amenities are developing.
The opportunity is in understanding how those pieces connect.
Growth doesn’t guarantee that every property is a good investment. Water availability, infrastructure, summer utility costs, location, price, and timing all deserve consideration.
Know someone moving to Arizona, expanding a business, or needing support with a rental property? I’d appreciate the introduction.
Why the Phoenix metro? Because there are possibilities to explore across the Valley—and the best decisions start with understanding the place behind the opportunity.
Project information reflects announcements available as of October 7, 2026. Plans, investment amounts, and schedules may change.
