Land Energy, the electric vehicle and battery startup in Cleveland, confirmed on Wednesday that it plans to move its bike-making operations to the former Accurate Plating site in Cleveland's MidTown technology district.
Built between 1913 and 1930, the building at 6512 Carnegie Ave., which once housed Cleveland Electric Illuminating Co. and then plating and warehouse operations, was approved for a $2.2 million brownfield remediation grant from the state last week.
Land Energy, which also goes by Land Moto, agreed with Crooked River Equity Partners, which owns the property, according to Cuyahoga County land records, and Cushman & Wakefield-CRESCO Real Estate earlier this year to redevelop the site as its U.S. headquarters, the electric vehicle maker said in a statement.
Land said it expects to more than double the size of the 34,000-square-foot building after hazards waste residues and asbestos is removed and a permeable reactive barrier system installed, the company said.
Land's founder and CEO, Scott Colosimo, was drawn to the project partly because his green company could bring new life to a historic manufacturing site in Cleveland.
"We're looking forward to working with the city of Cleveland, Manufacturing Works and JobsOhio as this project gets off the ground and we start bringing manufacturing jobs back into a city known for its rich industrial history," Colosimo said in a statement.
In late May, Land Energy closed its first investment round, which the company said it would use to scale U.S. production of its electric bikes and portable batteries, hire EV talent, and expand its Internet of Things platform and manufacturing footprint in Cleveland.
Land Energy's first product, called District, can be used as an e-bike, e-moped or e-motorcycle depending on the ride mode selected, the company said.
Land expects to start redevelopment of the site later this year, the company said.
