Tesla plans $150M battery manufacturing facility in Brookshire
BROOKSHIRE – Tesla plans to invest $150 million in a new Megafactory to manufacture Megapacks.
Tesla already leases approximately one million sf at 111 Empire Blvd. in Stream Realty Partners’ Empire West Business Park.
Tesla is now undertaking a two-phase move-in plan into a space formerly occupied by a logistics firm and plans to make a “significant investment” in the area.
In Phase 2, Stream Realty will spend $44 million to improve the manufacturing facility at 111 Empire Blvd. for Tesla with electrical capacity and heating and cooling equipment.
Tesla will also spend about $150 million to install manufacturing equipment.
For a future Phase 3, located at 103 Empire Blvd, Stream Realty will build a $31.5 million manufacturing facility, and Tesla will install distribution equipment and make building improvements for an estimated cost of $2 million to $5 million.
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