Taiwan Semiconductor Manufacturing Corporation – Rezoning Issue:

The Taiwan Semiconductor Manufacturing Corporation has purchased 1,129 acres at the North West corner of I-17 and the 303. It was purchased from the State Land Department for $89 million. The City of Phoenix expects to spend over $200 million for new infrastructure at the rezoning site. This new infrastructure should benefit the north valley. It is currently zoned S-1, or one house per acre, and it will be rezoned as per the General Plan to a Commercial designation. The concerns that PMPC would have involve Dead Mans Wash at the west end of the site, and the ability to maintain a Desert landscape environment along with a natural wash system with the possibility of using the sides of the washes for trails. The site is bounded by State Land to the west and south and Arizona Game and Fish to the north. For More Information