Saturday, February 17, 2024

Lucid is eying a retail and service center in Downtown West

While Lucid already has a retail spot in Valley Fair Mall a few miles away, it looks like they are eying a 92,500 SQFT space in Downtown West at 250 Stockton Avenue. This is the same neighborhood where Google envisions building their largest campus... eventually.

The new Lucid location would likely be primarily for service, maintenance, and repairs for their luxury EV customers. However, it could also have a sales or delivery-center component. Lucid is following the Tesla model of cutting out the middleman and selling directly to consumers without a dealership.

They have had some financial struggles in the past, but have ambitious plans to add two new models a luxury SUV and a lower-cost CUV to compete with the Model Y (now the best selling vehicle globally). 

It's a great location that was supposed to become a 15-story office tower, but given the current market environment a new Lucid shop would be very welcome.

Source: The Mercury News



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