Over the last decade, Arizona residents have seen a growing number of eye-popping headlines announcing massive new real estate developments that add jobs, draw in residents and attract new businesses to our state. While the biggest is the transformational $165 billion investment Taiwan Semiconductor Manufacturing Company is making in North Phoenix, here are 10 major Arizona real estate developments shaping the state’s future:

Teravalis

City: Buckeye

VAI Resort

City: Glendale

The project: A $1.2 billion resort development featuring four hotels, an 11,000‑seat amphitheater, and a theme‑park complex, bringing major entertainment and hospitality to the West Valley.

The Ranch

Town: Gilbert

The project: A $1 billion mixed‑use project combining 750 multifamily units, light industrial

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