The largest wave of manufacturing investment in Arizona’s history is reshaping greater Phoenix, and Silverado Holdings is building in the middle of it. The firm does not make semiconductors. It develops the business-park real estate that the supply chain, the trades, and the operators drawn to the region will need, and its BizTech parks are taking shape in the corridor the boom is reshaping.
The catalyst is Taiwan Semiconductor Manufacturing Company, whose planned $165 billion U.S. investment is concentrated in Arizona. Its campus there is set to include six fabrication plants, two advanced packaging facilities, and a research and development center. For Silverado Holdings, the significance is not the chips. It is the wave of suppliers, contractors, and operators a project of that size pulls in behind it, and the real estate they will need.
Why the West Valley
Silverado Holdings’ focus is the West Valley, where much of that growth is concentrating. The Loop 303 corridor through Glendale, Goodyear, and Surprise has become one of the most active industrial markets in the country, and its inventory is projected to grow from about 15 million square feet to roughly 50 million square feet within several years. The firm has been positioning in this corridor ahead of that expansion.
The fabs make the headlines. The buildings the boom needs are where Silverado Holdings sees the opportunity.
What Silverado Holdings builds for
The headline projects are the giant fabs and the institutional logistics parks. Silverado Holdings builds for the layer beneath them, the working businesses that grow alongside a manufacturing base:
- Electrical, mechanical, and machine shops that build and service supplier facilities.
- Specialized logistics and transport operators moving material and product.
- Trades and light manufacturers expanding with the regional base.
- Service businesses that follow thousands of new high-wage jobs.
These operators need modern, right-sized, ownable small-bay space in the 2,500 to 12,000 square foot range, and it is exactly what Silverado Holdings’ BizTech parks are built to deliver.
Where Silverado Holdings is building
Silverado Holdings’ Happy Valley BizTech Park in Surprise sits directly in the Loop 303 corridor drawing the semiconductor supply chain, with additional parks planned across high-growth Arizona submarkets. The firm continues to evaluate land and development opportunities in the corridors the manufacturing surge is opening, with the aim of being established in them before the demand fully arrives.
The semiconductor build-out is a multi-decade event, not a single announcement. For Silverado Holdings, it is a generational tailwind for the kind of real estate the firm builds, and the firm intends to be building into it for years to come.
This article reflects publicly reported information and Silverado Holdings’ market view. It is not investment advice.
