Costco, Marriott, and Auto Mall Planned for Major Growth Near TSMC in Phoenix
PHOENIX – Major retailers and hospitalityโ brands are slated to join the burgeoning Halo Vista development near the Taiwan โsemiconductor Manufacturing Company (TSMC) facility in north Phoenix. Plans announced this week reveal Costco will occupy roughly 15 acres, with marriott aiming to open hotels encompassing approximately 5 acres,โค and space reserved for a potential 12-dealership auto mall.โข Infrastructure work is targeted to begin by early next year, preceding the anticipated groundbreaking of Costco and Marriott in the latter half of 2026.
The 2,300-acre Halo Vista โproject, spearheaded by a partnership including Globe Corporation, is designed to capitalize on the economic boom spurred byโฃ TSMC’s investment in the region. โขWhile the retail and hospitality components represent a relatively small portion of the overall development, project leaders emphasize their importance as “early adopters” for the master plan. Costco intends to openโ its phoenix location by the end of 2026. Marriott’s combinedโฃ hotels are โexpected to offer around 250 rooms for โvisitors.
Beyond the announced retailers, Halo Vista also envisions two distinct sub-areas: The โForge,โ a 12 million square-foot industrial zone, and the sonoran Oasis Scienceโ and Technology Park, offering 3.5 million square feet โฃof flexible office and technology space.
“Kind of small in the grand โฃscheme of, you know, 2,300 acres, but large in terms ofโค early impact, early adopters for the master plan,” said โdeveloper representative Janson.
Currently, no manufacturersโข or dealers have committed to the planned โauto mall.