Peoria looking into possibility of building airport near Taiwan Semiconductor Manufacturing Co. site
With Peoria’s adoption of its tentative $950 million budget, city leaders have big hopes for the future including a municipal airport.
On May 2, the City Council approved to allocate $500,000 for an airport feasibility study. The study is intended to analyze the cost of building an airport in northern Peoria near the Taiwan Semiconductor Manufacturing Co.
TSMC is a Taiwan-based company that focuses on producing computer chips. In 2020, TSMC announced plans to open up a hub in Arizona. Now, three years and $40 billion later, the project has turned into the largest foreign investment in Arizona history, opening the doors for hundreds of jobs and potential economic prosperity.
Read the full article at AZCentral.com
Author: J.D. Manning
EverythingArrowhead.com founder and administrator. Arrowhead resident and Realtor, The Arrowhead Agent with eXp Realty
