Peoria approves growth plan that moves Amkor to Innovation Core

Following the city’s successful $46.7 million bid for 834.5 acres of Arizona State Trust Land on Wednesday, t he Peoria City Council approved a series of agreements that will jump-start development in Core 2 of the Peoria Innovation Core (PIC).

“Today marks a defining moment in Peoria’s history. By securing this land and adopting these agreements, we are paving the way for our partnership with Amkor, which represents a $2 billion investment in our city that will create 2,000 high-quality jobs, said Mayor Jason Beck. “As a City, Peoria has firmly established its important role in strengthening America’s semiconductor supply chain, while setting a clear example of what can be achieved through bold vision, close collaboration, and strategic long-term planning. I commend incredible leadersh