“If you think things can’t get worse it’s probably only because you lack sufficient imagination.”
Mike Sunnucks Senior Reporter-Phoenix Business Journal Nov 8, 2013, 4:31pm MST
Tesla Motors is looking to build a large new factory in North America to make battery cells for its upscale, high-powered electric vehicles.
The Phoenix area — in particular Chandler — could be in the running for the new factory.
Tesla CEO Elon Musk said during aconference call earlier this week the Palo Alto, Calif.-based automaker is looking at manufacturing its own battery cells to keep up with demand. Musk said the factory would likely be in North America and would be solar-powered. The company manufacturers its electric cars at a plant in Fremont, Calif.
We’ve heard the Valley could be in the running for the possible battery plant. There is available land and space in the Valley including former Motorola space in Chandler. There’s also plenty of parcels and space in other parts of the Valley ranging from Goodyear to the Mesa Gateway Airport area.
A Tesla spokesman declined comment.
“We do not have any plans that we can share at this time,” said Tesla spokesmanPatrick Jones.
Economic development executives and local Chandler officials also declined or did not respond to requests for comment.
Earlier this week, Apple Inc. (Nasdaq: AAPL) announced it was locating a 700-worker domestic manufacturing plant at the former GM Proving Ground development in Mesa. An Apple entity bought First Solar’sfailed Mesa factory for $113.6 million and will locate a factory at that site.
The Apple plant will be powered by a solar farm it will develop along with Salt River Project.
Apple also is in line for property, energy, manufacturing and high-wage job creation tax breaks from the state.
Tesla has a dealership location inside Scottsdale Fashion Square. The upstart automaker hired an Arizona lobbying firm, Hamilton Consulting Inc., in September.
Firm President James Hamilton said Tesla hired his lobbying outfit to handle possible dealership issues at the Arizona Legislature. Traditional auto dealers in other states have tried to stymie online sales by Tesla and other new automakers.
The Phoenix area has an existing automotive sector that includes Chandler-based design collaborative Local Motors, high-effiicency startup firm Elio Motors and supply chain firms including TRW Vehicle Safety Systems. TRW manufacturers airbags at the plant near Germann and Elliott roads in Mesa.
There will be plenty of competition for Tesla’s battery factory. There are empty plants sites in a host of markets including Michigan, Georgia, Missouri, Ohio, New York, Ontario, Canada; and Tesla’s home state of California that could also look to grab the battery plant.
Elio Motors, for example, has its main executives based in Phoenix but has design operations mostly in Detroit and plans on building its prototype electric vehicles at a former General Motors plant in Shreveport, La.
Tesla manufacturers high-end, high-powered, fuel efficient electric cars.
The company’s stock has taken a hit this week after three recent car fires. Tesla’s stock closed at $137.95 per share on Friday. That’s off from its recent 52-week high of $194.50 per share, according to Google Finance.
Mike Sunnucks writes about politics, law, airlines, sports business and the economy.
a little about me and my expertise – video
LAND SPECIALIST – LAND EXPERT – INVESTMENT BROKER – ARIZONA
https://www.youtube.com/watch?v=PPs3kpKR4nY
http://en.wikipedia.org/wiki/Timeline_of_Phoenix,_Arizona_history
http://en.wikipedia.org/wiki/Phoenix,_Arizona
3
Facts of Arizona – year 1848 to 2013
http://walter-unger.com/?p=9507
4.
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 Investment Properties in Phoenix.
View my listings and my profile at:
http://www.loopnet.com/profile/14101172900/Walter-Unger-CCIM/Listings/
Please go to my web-site and get all the newsflashes and updates in Commercial Investment Real Estate in Phoenix and Commercial Investment Properties in Phoenix daily
Follow me on Facebook:
http://www.facebook.com/ungerccim
Follow me on Twitter:
https://twitter.com/Walterunger
Follow Me on Linkedin:
https://www.google.com/search?q=linkedin+pub+walter+unger+ccim+782+920&channel=linkdoctor
Follow Me on Google+
https://plus.google.com/u/0/b/114560883588623379451/
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial Investment Real Estate Broker in Arizona now for 15 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial landspecialist in Phoenix and a Landspecialist in Arizona.
WHETHER YOU LEASE OR OWN
NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.
we are at on the a rise of the cycle in Commercial Real Estate. so there is only one way and it’s called we are going up and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix. The prices on deals I may get you will not be around forever.
WAITING TO SELL YOUR LAND ? TIMES CHANGE / IT’S TIME
We barely could give land away the last few years, but times are changing. Even in those meager years, I sold more land across the state than most other brokers. Before the real estate crash I was a land specialist in Arizona with millions of dollars of transactions, but then I had to change and also sell other commercial investment properties, which was fun, but I am a Commercial Landspecialist in Arizonal, a Commercial Land Specialist in Phoenix and love to sell land, one acre to thousands of acres.
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 in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me 520-975-5207 (cell) 602-778-5110 (office direct).
Thank You
Walter
Walter Unger CCIM
Associate Broker
Kasten Long Commercial
2821 E. Camelback Road, Suite 600
Phoenix, AZ 85016
Cell: 520-975-5207
Direct: 602-759-1202
Office : 602-445-4141
Fax: 602-445-4188
Delivering the New Standard of Excellence in Commercial Real Estate
- Commercial Real Estate Scottsdale
- Commercial Real Estate Phoenix
- Commercial Real Estate Arizona
- Commercial Investment Properties Phoenix
- Commercial Investment Properties Scottsdale
- Commercial Investment Properties Arizona
- Land Specialist Arizona
- Arizona Land Specialist
- Land Specialist Phoenix
- Phoenix Land Specialist
- Land For Sale Phoenix
- Land for sale Arizona
- Commercial Properties For Sale Phoenix
- Commercial Real Estate Sales Phoenix
- Commercial Properties Phoenix
- Commercial Properties Arizona
- Commercial Land Specialist Phoenix
- Commercial Land Phoenix
- Multifamily land Phoenix
- Retail Land Phoenix
- Industrial Land Phoenix
- Land Commercial Phoenix
- Land Retail Phoenix
- Land Industrial Phoenix
- Land Multifamily Phoenix
- Industrial Land for sale Phoenix
- Land Industrial
- P
- Investment Real Estate
Disclaimer of Liability
The information in this blog-newsletter is for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.