Clayco Picked for $5B Rivian EV Plant in Georgia
Clayco will lead the $5-billion effort to construct a 16 million-sq-ft electric vehicle manufacturing campus for Rivian on nearly 2,000 acres east of Atlanta.
Source: enr.com
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Rice Creek Commons development of former TCAAP site considers additional housing
Housing density was a previous sore spot for the project as the city wanted fewer housing units and the county wanted more.
Source: twincities.com
How Georgia Skirts Legal Hurdles Around Company Tax Breaks
The state’s Constitution forbids government entities from providing a good, service or property without an equitable return, but Georgia has learned to leverage “bond-for-title” deals and “phantom bonds” to incentivize businesses.
Source: governing.com
Rivian secures massive Georgia land deal for new EV plant and R2 electric vehicles
Up-and-coming EV maker Rivian closed on a monumental land agreement last week for 1,800 acres to host its new mega site in Georgia. Construction can now begin…
Source: biztoc.com
Georgia: Rivian aims to secure approximately $15 billion in debt to fund the construction of an electric vehicle plant in Georgia.
Cars News: Under the agreement, Rivian will make property tax payments of at least nearly $300 million until 2047. The payment amount may escalate if the automak
Source: indiatimes.com