{"id":1004695573,"date":"2023-12-22T04:40:48","date_gmt":"2023-12-22T12:40:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004695573"},"modified":"2023-12-22T06:32:32","modified_gmt":"2023-12-22T14:32:32","slug":"clayco-to-build-5b-rivian-ev-plant-near-atlanta","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/","title":{"rendered":"Clayco to Build $5B EV Plant Near Atlanta"},"content":{"rendered":"
\"Electric<\/a>

Electric vehicle manufacturer Rivian has selected Clayco to construct its $5 billion plant on an 1,800-acre site in Stanton Springs, Ga. Image courtesy of Rivian and Clayco<\/em><\/p><\/div>\n

Electric vehicle manufacturer Rivian <\/strong>has selected Clayco <\/strong>to construct its $5 billion, 16 million-square-foot plant on an 1,800-acre site in Stanton Springs, Ga., about 40 minutes outside Atlanta in Morgan and Walton counties.<\/p>\n

Jacobs<\/strong> Inc. is the engineer of record and Skidmore, Owings & Merrill<\/strong> is the design architect for the mega-manufacturing complex.<\/p>\n

The California-based company expects to hold a formal groundbreaking in early 2024 and start vertical construction shortly after the event. The upper pad is 95 percent graded and nearly ready for construction to begin, according to Rivian. The company has opened an office in Covington, Ga., a short drive from the future factory, and recently set up space at Ponce City Market in Atlanta to educate the public about the vehicles and provide information about ordering them.<\/p>\n

\n

READ ALSO<\/strong>: What\u2019s Driving the Manufacturing Revival?<\/a><\/p>\n

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Production is expected to start in 2026, with an estimated output of 200,000 vehicles a year. At full buildout by 2030, the company plans to manufacture 400,000 EVs a year. The Stanton Springs facility, which is expected to employ 7,500 workers, will be making the company\u2019s next line of vehicles, a crossover that will be known as the R2.<\/p>\n

Rivian currently manufactures the R1T truck and R1S SUV, at its plant in Normal, Ill., a former Mitsubishi factory. Rivian expects to unveil the design of the R2 next year. Prices for the new model, which is aimed at a mass market, should start between $40,000 and $45,000. The current models start at more than $70,000.<\/p>\n

In November, the Joint Development Authority of Jasper, Morgan, Newton, and Walton Counties approved several resolutions to finalize the 50-year lease agreement for the site and construction bonds. The state of Georgia and local governments have offered incentives to Rivian valued at about $1.5 billion.<\/p>\n

North Carolina plant<\/strong><\/h2>\n

Clayco, based in Chicago, is a full-service real estate development, master-planning, architecture, engineering and construction firm. It is the general contractor and construction manager for another major EV manufacturing plant in the Southeast. In August, the company broke ground on a $4 billion facility for VinFast<\/a> on an 1,800-acre site in Chatham County, N.C. The development marks the first EV manufacturing plant in the state and VinFast\u2019s first facility in the U.S. The Vietnam-based company plans to build at least eight structures totaling 2.9 million square feet on the campus.<\/p>\n

Phase 1 will cost nearly $2 billion and will build VinFast\u2019s VF 7, VF 8 and VF 9 electric vehicles at a rate of about 150,000 vehicles annually. The second phase will focus on battery production.<\/p>\n","protected":false},"excerpt":{"rendered":"

Construction of Rivian\u2019s 16 million-square-foot campus is scheduled to begin next year.<\/p>\n","protected":false},"author":1068,"featured_media":1004695622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21748,21742,32781],"tags":[32869,33165,37021],"class_list":["post-1004695573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-industrial","category-latest","category-southeast","tag-clayco","tag-jacobs-engineering-group","tag-skidmore-owings-and-merrill-llc"],"acf":[],"yoast_head":"\nClayco to Build $5B EV Plant Near Atlanta - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clayco to Build $5B EV Plant Near Atlanta\" \/>\n<meta property=\"og:description\" content=\"Construction of Rivian\u2019s 16 million-square-foot campus is scheduled to begin next year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-22T12:40:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-22T14:32:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/Rivian-campus-in-Georgia.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"798\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/\",\"name\":\"Clayco to Build $5B EV Plant Near Atlanta - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/Rivian-campus-in-Georgia.jpg\",\"datePublished\":\"2023-12-22T12:40:48+00:00\",\"dateModified\":\"2023-12-22T14:32:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/clayco-to-build-5b-rivian-ev-plant-near-atlanta\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/Rivian-campus-in-Georgia.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/Rivian-campus-in-Georgia.jpg\",\"width\":798,\"height\":600,\"caption\":\"Electric vehicle manufacturer Rivian has selected Clayco to construct its $5 billion plant on an 1,800-acre site in Stanton Springs, Ga. 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