diff --git a/CMakeLists.txt b/CMakeLists.txt
index 39a708e27e..90fd5d95f6 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -158,7 +158,21 @@ if (${USE_SYSTEM_ARROW})
 else()
     if (NOT DEFINED ARROW_INSTALL)
         message(STATUS "Configuring arrow for bundled install")
-        set(ARROW_INSTALL ${CMAKE_CURRENT_SOURCE_DIR}/external/build/arrow/install)
+        set(ARROW_INSTALL ${CMAKE_CURRENT_BINARY_DIR}/arrow-build/arrow/install)
+        set(ARROW_BUILD_DIR ${CMAKE_CURRENT_BINARY_DIR}/arrow-build)
+        file(MAKE_DIRECTORY ${ARROW_BUILD_DIR})
+        execute_process(COMMAND ${CMAKE_COMMAND}
+            ${CMAKE_CURRENT_SOURCE_DIR}/external
+            -G ${CMAKE_GENERATOR}
+            -DCMAKE_BUILD_TYPE=${CMAKE_BUILD_TYPE}
+            -DENABLE_ADDRESS_SANITIZER=${ENABLE_ADDRESS_SANITIZER}
+            -DENABLE_THREAD_SANITIZER=${ENABLE_THREAD_SANITIZER}
+            -DENABLE_UBSAN=${ENABLE_UBSAN}
+            -DFORCE_COLORED_OUTPUT=${FORCE_COLORED_OUTPUT}
+            WORKING_DIRECTORY ${ARROW_BUILD_DIR}
+            COMMAND_ERROR_IS_FATAL ANY)
+        execute_process(COMMAND ${CMAKE_COMMAND} --build ${ARROW_BUILD_DIR} --config ${CMAKE_BUILD_TYPE}
+            COMMAND_ERROR_IS_FATAL ANY)
     else()
         message(STATUS "Using arrow at path ${ARROW_INSTALL}")
     endif()
diff --git a/Makefile b/Makefile
index 740495d14c..e7b8391bb2 100644
--- a/Makefile
+++ b/Makefile
@@ -48,48 +48,32 @@ define mkdirp
 endef
 endif
 
-arrow:
-	$(call mkdirp,external/build) && cd external/build && \
-	cmake $(FORCE_COLOR) $(SANITIZER_FLAG) $(GENERATOR) -DCMAKE_BUILD_TYPE=Release .. && \
-	cmake --build . --config Release -- -j $(NUM_THREADS)
-
-arrow-debug:
-ifeq ($(OS),Windows_NT)
-	$(call mkdirp,external/build) && cd external/build && \
-	cmake $(FORCE_COLOR) $(SANITIZER_FLAG) $(GENERATOR) -DCMAKE_BUILD_TYPE=Debug .. && \
-	cmake --build . --config Debug -- -j $(NUM_THREADS)
-else
-	$(call mkdirp,external/build) && cd external/build && \
-	cmake $(FORCE_COLOR) $(SANITIZER_FLAG) $(GENERATOR) -DCMAKE_BUILD_TYPE=Release .. && \
-	cmake --build . --config Release -- -j $(NUM_THREADS)
-endif
-
-release: arrow
+release:
 	$(call mkdirp,build/release) && cd build/release && \
 	cmake $(GENERATOR) $(FORCE_COLOR) $(SANITIZER_FLAG) -DCMAKE_BUILD_TYPE=Release ../.. && \
 	cmake --build . --config Release -- -j $(NUM_THREADS)
 
-debug: arrow-debug
+debug:
 	$(call mkdirp,build/debug) && cd build/debug && \
 	cmake $(GENERATOR) $(FORCE_COLOR) $(SANITIZER_FLAG) -DCMAKE_BUILD_TYPE=Debug ../.. && \
 	cmake --build . --config Debug -- -j $(NUM_THREADS)
 
-all: arrow
+all:
 	$(call mkdirp,build/release) && cd build/release && \
 	cmake $(GENERATOR) $(FORCE_COLOR) $(SANITIZER_FLAG) -DCMAKE_BUILD_TYPE=Release -DBUILD_TESTS=TRUE -DBUILD_BENCHMARK=TRUE -DBUILD_NODEJS=TRUE ../.. && \
 	cmake --build . --config Release -- -j $(NUM_THREADS)
 
-alldebug: arrow
+alldebug:
 	$(call mkdirp,build/debug) && cd build/debug && \
 	cmake $(GENERATOR) $(FORCE_COLOR) $(SANITIZER_FLAG) -DCMAKE_BUILD_TYPE=Debug -DBUILD_TESTS=TRUE -DBUILD_BENCHMARK=TRUE -DBUILD_NODEJS=TRUE ../.. && \
 	cmake --build . --config Debug -- -j $(NUM_THREADS)
 
-benchmark: arrow
+benchmark:
 	$(call mkdirp,build/release) && cd build/release && \
 	cmake $(GENERATOR) $(FORCE_COLOR) $(SANITIZER_FLAG) -DCMAKE_BUILD_TYPE=Release -DBUILD_BENCHMARK=TRUE ../.. && \
 	cmake --build . --config Release -- -j $(NUM_THREADS)
 
-nodejs: arrow
+nodejs:
 	$(call mkdirp,build/release) && cd build/release && \
 	cmake $(GENERATOR) $(FORCE_COLOR) $(SANITIZER_FLAG) -DCMAKE_BUILD_TYPE=Release -DBUILD_NODEJS=TRUE ../.. && \
 	cmake --build . --config Release -- -j $(NUM_THREADS)
@@ -99,26 +83,26 @@ java:
 	cmake $(GENERATOR) $(FORCE_COLOR) $(SANITIZER_FLAG) -DCMAKE_BUILD_TYPE=Release -DBUILD_JAVA=TRUE ../.. && \
 	cmake --build . --config Release -- -j $(NUM_THREADS)
 
-test: arrow
+test:
 	$(call mkdirp,build/release) && cd build/release && \
 	cmake $(GENERATOR) $(FORCE_COLOR) $(SANITIZER_FLAG) -DCMAKE_BUILD_TYPE=Release -DBUILD_TESTS=TRUE ../.. && \
 	cmake --build . --config Release -- -j $(NUM_THREADS)
 	cd $(ROOT_DIR)/build/release/test && \
 	ctest --output-on-failure -j ${TEST_JOBS}
 
-lcov: arrow
+lcov:
 	$(call mkdirp,build/release) && cd build/release && \
 	cmake $(GENERATOR) $(FORCE_COLOR) $(SANITIZER_FLAG) -DCMAKE_BUILD_TYPE=Release -DBUILD_TESTS=TRUE -DBUILD_NODEJS=TRUE -DBUILD_LCOV=TRUE ../.. && \
 	cmake --build . --config Release -- -j $(NUM_THREADS)
 	cd $(ROOT_DIR)/build/release/test && \
 	ctest --output-on-failure -j ${TEST_JOBS}
 
-pytest: arrow
+pytest:
 	$(MAKE) release
 	cd $(ROOT_DIR)/tools/python_api/test && \
 	python3 -m pytest -v test_main.py
 
-nodejstest: arrow
+nodejstest:
 	$(MAKE) nodejs
 	cd $(ROOT_DIR)/tools/nodejs_api/ && \
 	npm test
@@ -162,18 +146,9 @@ else
 	rm -rf tools/java_api/build
 endif
 
-clean-external:
-ifeq ($(OS),Windows_NT)
-	if exist external\build rmdir /s /q external\build
-else
-	rm -rf external/build
-endif
-
 clean: clean-python-api clean-java
 ifeq ($(OS),Windows_NT)
 	if exist build rmdir /s /q build
 else
 	rm -rf build
 endif
-
-clean-all: clean-external clean
diff --git a/external/arrow/apache_arrow.cmake b/external/arrow/apache_arrow.cmake
index 50d3e55186..128d8342fb 100644
--- a/external/arrow/apache_arrow.cmake
+++ b/external/arrow/apache_arrow.cmake
@@ -10,7 +10,8 @@ endif()
 
 ExternalProject_Add(apache_arrow
         GIT_REPOSITORY "https://github.com/apache/arrow"
-        GIT_TAG f10f5cfd1376fb0e602334588b3f3624d41dee7d
+        GIT_TAG apache-arrow-12.0.1
+        GIT_SHALLOW TRUE
         PREFIX "${CMAKE_BINARY_DIR}/arrow/"
         INSTALL_DIR "${CMAKE_BINARY_DIR}/arrow/install"
         CONFIGURE_COMMAND