Lennar snags 444 lots near TSMC’s $265B Phoenix project for $60M ($135k/lot) at 117th Ave and Pinnacle Peak Rd

9/16/2026

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Phoenix Business Journal

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• Subcategory: Land: Housing

• Tag: Sale

• Additional Filters-Subcategory: Land: Lots, Land: Single Family

• Additional Filters-Tags: Sale: Finished Lots, Sale: Investment

Highlights
Lennar Corp. bought 444 lots near TSMC's Phoenix development for $60.14 million
The purchase represents the largest lot transaction in Arizona during 2026
Homebuilders closed 1,509 homes in August, down from prior year

Lennar Corp. (NYSE: LEN)

Alan Jones | Division President, Development-Southwest

[email protected]

480-476-8400