Taylor Morrison snags 406 lots near TSMC’s $265B Phoenix development

Homebuilders are shifting toward aggressive bulk lot acquisitions to lock down future inventory, with more to come.

BY ANGELA GONZALES/PHOENIX BUSINESS JOURNAL

Oct 4, 2026, 6:31 AM

Homebuilders are buying more lots across the metro. (Phoenix Business Journal)

(Phoenix Business Journal)

Scottsdale-based Taylor Morrison⁠ Home Corp. just purchased 406 lots near Taiwan Semiconductor Manufacturing Co.⁠’s $265 billion development in north Phoenix.

This $6.34 million acquisition of 190.82 acres in an area north of the Vistancia master-planned community in Peoria comes at a time when homebuilders are starting to buy more lots in bigger bulk.

Miami-based Lennar Corp.⁠ (NYSE: LEN⁠) recently paid $60.14 million in cash for 444 lots near TSMC and Arlington, Texas-based D.R. Horton Inc.⁠ paid $32.7 million for 232 lots at Estrella master-planned community in Goodyear, according to Tempe-based real estate database Vizzda LLC⁠.

Homebuilders are shifting toward aggressive bulk lot acquisitions to lock down future inventory, with more to come.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.