Halo Vista, a 2,300-acre master-planned development taking shape in North Phoenix, is positioned to become a center for science and innovation. The site is located beside the expanding Taiwan Semiconductor Manufacturing Company campus.
Richard Mack, CEO and Co-Founder of Mack Real Estate, joined “Arizona Horizon” to discuss the large-scale project.
Plans call for housing, hotels and retail, including a Costco, to serve the growing community. The first year will focus on roads and infrastructure to prepare the land. Construction on homes and shopping areas will follow once that groundwork is complete.
Mack said the project has been years in the making and is designed to support the region’s rapidly expanding semiconductor industry.
“I’ve been working on this for almost five years,” Mack said. “We call it a city within a city, and our idea is to make it so you don’t have to leave.”
Beyond residential and commercial development, Halo Vista is expected to include a science and technology park aimed at supporting TSMC’s operations and attracting suppliers, researchers and manufacturers. Mack said TSMC has roughly 1,500 suppliers and vendors, making nearby space for those companies a priority.
“That’s where research and development comes in. That’s where education matters,” Mack said when speaking about the true meaning behind the project. “The vision is not just to help the existing manufacturing base, but to make it better.”
The project will also require major investments in roads, utilities and water infrastructure. The development team is working alongside government agencies and utility providers to prepare the site for long-term growth.
When it comes to water, Mack understands the challenges facing the Valley but said sustainability remains a key focus.
“A city in the desert is constantly having to innovate around water,” he said, pointing to a planned wastewater treatment facility that would recycle water to drinking standards.
While construction is already underway, Mack said Halo Vista will not be completed overnight.
“We have to realistically assume this is going to take 15 years to build out,” he said. “We’re trying to plan smart development, phased development that allows growth to be organic, thoughtful and sustainable.”
