- For Sale Contact for pricing
- Property Type VacantLand
- Property Size 2,567,862 SF
- Lot Size 58.95 Acre
- Date Updated Oct 14, 2026
Description
With ±58.95 acres located on Amkor Way between 96th Avenue and Lake Pleasant Parkway in Peoria, AZ 85383 (APN 201-02-008K), this irreplaceable site sits in the heart of one of the most significant master-planned employment corridors in the American Southwest. The PIC is a 7,000-acre, City-led innovation district purpose-built to serve the semiconductor boom anchored by Amkor Technology and TSMC.
The site is positioned for immediate development. The City of Peoria is constructing all adjacent streets and offsite infrastructure improvements as part of its $500 million Peoria Innovation Core investment program. Frontage improvements are scheduled for completion in 2026, with connection to the main sewer line anticipated mid-2027. A buyer's offsite infrastructure reimbursement is capped at $3.78 million under a recorded Reimbursement Agreement, payable only upon building permit issuance after completion of the improvements, and allocated pro rata by acreage if developed in phases.
This is the only opportunity in the entire Peoria Innovation Core II where a developer can acquire land directly from a private party: no auction, no state land process, no public disposition process. Every adjacent parcel is either City-owned or Arizona State Trust land. Timing and positioning do not get better than this. process. Every adjacent parcel is either City-owned or Arizona State Trust land. Timing and positioning do not get better than this
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Contacts
Transwestern
Location
Located at 96th Ave and Lake Pleasant Pkwy, Peoria, AZ 85382, this property is part of the Westbrook Village neighborhood and Phoenix market.
Transwestern