July 26, 2024 4:46 pm
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Lucid Motors looks to lease more than 1,300 acres in Casa Grande

A look at the Lucid Air, the luxury electric sedan unveiled Sept. 9 by Lucid Motors. The Newark, California-based company plans to manufacture the car at a new factory in Case Grande, Arizona. (LUCID MOTORS)

By Audrey Jensen | Phoenix Business Journal

Weeks after Lucid Motors (Nasdaq: LCID) purchased 120 acres around its existing plant, newly released documents show the electric vehicle startup could be planning an even bigger expansion in Pinal County.

The Pinal County Board of Supervisors will vote Monday afternoon in a special session on a development agreement, lease and purchase agreement with Lucid USA Inc. for more than 1,300 acres around the company’s existing facility.

Read the full subscription story from the Phoenix Business Journal.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.