Seafood City, a Filipino Asian supermarket chain, will open its first store in Arizona on July 30. The new store will occupy nearly 66,000 square feet on the southwest side of Chandler Fashion Center and feature an assortment of items from across the Philippines, Japan, Korea, China, Thailand, Vietnam and beyond. The grand opening festivities will include cultural performances, exclusive opening-day offers, giveaways and special promotions throughout the day.

The opening of Seafood City highlights Macerich's ability to attract exciting, new tenants to Chandler Fashion Center as well as the strong interest Chandler is seeing from Asian retailers looking to establish a presence in the community. Round1 Bowling & Arcade, originating from Japan, opened last year at the mall and Din Tai Fung, a world-renowned Taiwanese restaurant, is expected to open in 2027.

AZ Central Article

The Chandler City Council recently adopted the Fiscal Year 2026-27 budget and 2027-36 Capital Improvement Program, with a focus on keeping costs low for residents and businesses while continuing to invest in critical city services and planning for the community's future.

One of the most visible impacts is another reduction in Chandler's primary property tax rate for the 11th year in a row. Other highlights of the budget include:

• Chandler offers the lowest general sales tax rate in Arizona at 1.5 percent.
• Chandler offers the lowest overall cost of government services among large Valley cities based on utility rates and estimated taxes paid.
• Chandler's budget is structurally balanced with ongoing revenues supporting ongoing expenses and the operating and capital budgets have been adjusted to account for continued inflation.

The city's ability to lower its property tax rate while also providing high-quality services and infrastructure is a reflection of City Council's commitment to sound budgeting practices. Chandler's AAA bond ratings from all three rating agencies help keep financing costs low, producing savings for businesses investing in our community as the city finances its own major capital improvements.

Full news release

The Phoenix Business Journal has named Intel's Fab 52 its Project of the Year. The project was chosen from commercial real estate developments that were completed in 2025.

Fab 52 opened at Intel's Ocotillo Campus last September, spans 2.9 million square feet, and is the center of production for the company's first high-volume commercial chip processes on its advanced 18A process node. Intel has plans to complete the build out of Fab 62, also at the Ocotillo Campus, based on market demand and customer needs.

PBJ Article

Microchip Technology announced it has signed a definitive agreement to acquire Hailo, a provider of high-performance AI processors specifically designed to run AI tasks on the edge. Headquartered in Chandler, Microchip is a leading provider of smart, connected, and secure embedded solutions. The proposed acquisition builds on Microchip's strategy to expand its edge AI solutions.

"The acquisition of Hailo accelerates Microchip's expansion into high-performance edge AI processing," said Mark Reiten, Senior Corporate Vice President at Microchip. "Hailo's AI acceleration, advanced vision processing and software ecosystem directly complements Microchip's embedded processing, FPGA, connectivity, security, power and analog portfolio. Together, we can help customers build more capable intelligent edge systems with the right balance of performance, power efficiency, reliability and system cost."

Microchip News Release

In a recent Nokia financial report, the company disclosed that it has entered into a definitive agreement to acquire NXP's Chandler semiconductor fabrication campus.

The report states, "Subject to the receipt of certain regulatory approvals, Nokia will initially lease manufacturing capacity in a portion of the facility on the site starting in early 2027 and will convert the site to Iridium Phosphide semiconductor production for optical components. Nokia will then acquire the full site, with the transaction expected to close in Q1 2029."

Chandler has been ranked the 8th best city for first-time home buyers in a recent nationwide study from leading personal finance outlet WalletHub.com.

WalletHub's analysts compared 300 U.S. cities of varying sizes across 22 key indicators of market attractiveness, affordability and quality of life. Their data set ranges from cost of living to real estate taxes to crime rate.

This latest ranking joins a growing list of accolades that recognize the City of Chandler's ability to provide both economic opportunity and a great place to live. In 2026, Chandler has been ranked:

• 14th best city for jobs
• 14th happiest city
• 16th best place to live
• 18th best large city to start a business
• 19th hardest-working city