Intel breaks ground on $20B expansion in Chandler

You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value.   Phone / Prefer cell: 520-975-5207
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In Business and in Life you don’t get what you deserve, you get what you Negotiate.

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Russ Wiles Arizona Republic 9/24/2021

Semiconductor giant Intel officially broke ground Friday on two new factories in Chandler that will represent the largest private investment ever in Arizona at a time when chip suppliers are struggling to meet demand worldwide.

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The two new factories, or fabs, will complement four existing ones on Intel’s 700-acre Ocotillo campus and collectively will mark the company’s largest manufacturing complex anywhere in the world. The additional $20 billion Intel plans to spend will bring the company’s total Arizona investment over the past four decades to more than $50 billion.

Gov. Doug Ducey called the groundbreaking a “monumental event” that is transforming Arizona into the “best place in the world for advanced manufacturing,” with an $8.6 billion economic impact for the state.

Semiconductors — the increasingly small brains that help power everything from cellphones and computers to automobiles and appliances — have faced recent supply constraints that stem partly from COVID-19 disruptions.  

“Today’s announcement is part of closing that gap,” said Pat Gelsinger, CEO of Intel, which is headquartered in Santa Clara, California.

“What aspect of your life is not being increasingly driven by digital transformation?” he asked of about 100 politicians, Intel employees, media representatives and others in attendance. “Everything digital runs on semiconductors.”

The technology has advanced so much that “millions of chips can fit on the size of your fingernail,” Gelsinger said.

The groundbreaking ceremony was held on a morning when a haboob moved through the southeast Valley, obscuring some structures on the Chandler campus.

“We’re literally blown away by the size and scope of what’s happening here,” quipped Chandler Mayor Kevin Hartke.

The groundbreaking came six months after Intel officially announced the investment on another blustery day in March. The fabs are scheduled for completion in about three years.

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Federal assistance sought

In addition to providing extra capacity, the two new plants will feature cutting-edge technology and help bolster a domestic chip industry that has lost market share to foreign competitors.

Gelsinger praised Senate passage of the U.S. Innovation and Competition Act, a $200 billion package that addresses a range of technological, scientific and trade issues and includes about $50 billion to bolster the domestic semiconductor industry. The bill awaits action in the House of Representatives.

He said advanced domestic chipmaking capacity and capabilities are critical for economic growth and national security. Intel supports government investments in advanced semiconductor manufacturing to level the competitive playing field.

ntel, which already employs about 12,000 people in Arizona, will add another 3,000 or so when the factories, named Fabs 52 and 62, are finished and fully operational in 2024. In the meantime, the investments will support around 3,000 construction jobs.

Intel ranked as the 12th-largest Arizona employer in this year’s Republic 100 report and the second biggest manufacturer, after Raytheon in Tucson.

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The company pledged the new factories would operate in a sustainable fashion. Gelsinger said Intel purchases renewable energy for its entire electric needs at Ocotillo, and the existing facilities there last year returned and restored about 95% of the fresh water used in manufacturing.

Reach the reporter at russ.wiles@arizonarepublic.com.

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SEE IT ALL: https://www.azcentral.com/story/money/business/tech/2021/09/24/intels-20-billion-arizona-chip-factories-break-ground-chandler/5836524001/

FROM ME:  FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office  / Retail  / Industrial  / Multi-family /  please call me on my cell 520-975-5207 or e-mail me     walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net,  CCIM,  CREXi, Catylist, and various other web sites.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international

   What is a CCIM.  In Business and in Life you don’t get what you deserve, you get what you Negotiate.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

contact me if you want the me to get you the value of your property.

Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net

CCIM DEAL MAKERS    FALL 2020   THE BIGGEST DEAL   WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT AND SPA IN GOLD CANYON, ARIZ., TO GOLD CANYON MJ LLC.

CCIM DEAL MAKERS    FALL 2020   THE BIGGEST DEAL  / WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT TO GOLD CANYON MJ LLC.

Click here to find out what is a   CCIM:

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PRESS RELEASE: Gold Canyon resort sells for $29.4M. Walter Unger CCIM from West USA Commercial Division Brokered the Transaction.

http://walter-unger.com/gold-canyon-resort-sells-for-29-4m/

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

Walter Unger CCIM cell: 520-975-5207  walterunger@ccim.net

What is a CCIM.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

History of Arizona from  900 BC – 2017 -Timeline.

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION – IN 1950 THERE WERE 331,700 PEOPLE LIVING IN PHOENIX – “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

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Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

CLICK HERE:  Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

What is a CCIM.

FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME

CLICK HERE TO VIEW ALL MY LISTINGS. 

Also Call me if you need an estimated value of your Property.

Call me if you want to see a map with what is in the Construction Pipeline for Apartments.

Prefer cell: 520-975-5207,   or email me walterunger@ccim.net.       CLICK HERE TO VIEW ALL MY LISTINGS.    

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  Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

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