US-based real estate investment firm Mack Real Estate Group (MREG) and McCourt Partners have commenced construction on Halo Vista, a 2,300-acre development in North Phoenix adjacent to the Taiwan Semiconductor Manufacturing Company (TSMC) campus in Arizona. Officials held a groundbreaking ceremony to mark the start of the project, which is expected to support the expansion of Phoenix’s semiconductor sector. The $7bn project will include nearly 30 million sq ft of mixed-use space across industrial, manuf ...