Wednesday, August 6, 2014

Tesla to Tucson? City of Tucson has your building permit ready!

Tucson Commercial Real Estate update for this week is all about Tesla Motors! Tesla is looking for commercial development opportunities for a 5 million square foot facility.

The permit is for a one-story building of up to 5 million square feet in size at an address “to be determined.” It was issued by the city of Tucson development services department.

Tucson is in the running with several different cities for the location.   The company has said the factory would employ about 6,500 people. Cities in California, Nevada, New Mexico and Texas also are finalists.

Currently it looks as if Reno is a top runner as well. 

The release of the Building permit was a clear sign that Tucson wants the business and understands that this would be one of the major economic developments for the city in over 30 years. 

Tesla based out of Palo Alto California is looking to build the Gigafactory and have site selection completed this year and have battery production in place by 2017. 

The overture of the City of Tucson issuing the permit was a clear signal to Tesla that our local government is in support and will not tie the company with red tape!

Congrats to the City of Tucson, our economic development and job growth is imperative for our City and economy to grow and maintain a healthy heartbeat.

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