Home Care In Lathrop, CA

They say that your golden years are the best years of your life. For most older Americans, that's how it should be - a time to relax, reflect, and live life in a familiar place. After all, senior citizens in the U.S. have worked tirelessly to build a better economy, serve their communities, and raise families.

However, as seniors grow older, completing daily tasks like showering and enjoying activities such as visiting the historic Historical Marker gets harder without someone by their side. Unfortunately, many older Americans aren't able to rely on their adult children for help. The reality in today's world is that family members do not have the skills or time to dedicate to caring for their parents. That's where Always Best Care Senior Services comes in.

Our in-home care services are for people who prefer to stay at home as they grow older but need ongoing care that family or friends cannot provide. More and more older adults prefer to live far away from long-term, institutionalized facilities and closer to the place where they feel most comfortable - their home. Home care in Lathrop, CA is a safe, effective way to give your loved ones the care they need when they need it the most.

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The Always Best Care Difference

Since 1996, Always Best Care has provided non-medical in-home care for seniors to help them maintain a healthy lifestyle as they get older. We are proud to have helped more than 25,000 seniors maintain higher levels of dignity and respect. We focus on providing seniors with the highest level of in-home care available so that they may live happily and independently.

Unlike some senior care companies, we genuinely want to be included in our clients' lives. We believe that personalized care is always the better option over a "one size fits all" approach. To make sure our senior clients receive the best care possible, we pair them with compassionate caregivers who understand their unique needs. That way, they may provide care accordingly without compromising their wellbeing.

The Always Best Care difference lies in life's little moments - where compassionate care and trustworthy experience come together to help seniors live a fruitful, healthy life. Whether you are an aging adult that can't quite keep up with life's daily tasks or the child of a senior who needs regular in-home services, Always Best Care is here to help.

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What is Non-Medical Senior Care in Lathrop, CA?

Home is where the heart is. While that saying can sound a tad cliche, it is especially true for many seniors living in America. When given a choice, older adults most often prefer to grow older at home. An AARP study found that three out of four adults over the age of 50 want to stay in their homes and communities as they age.

When you begin to think about why, it makes sense. Home offers a sense of security, comfort, and familiarity.

The truth is, as we age, we begin to rely on others for help. When a family is too busy or lives too far away to fulfill this role, in-home senior care is often the best solution. Home care services allow seniors to enjoy personal independence while also receiving trustworthy assistance from a trained caregiver.

At Always Best Care, we offer a comprehensive range of home care services to help seniors stay healthy while they get the help they need to remain independent. As your senior loved one gets older, giving them the gift of senior care is one of the best ways to show your love, even if you live far away.

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Types of Elderly Care in Lathrop, CA

To give our senior clients the best care possible, we offer a full spectrum of in-home care services:

Personal Care Services

If your senior loved one has specific care needs, our personal care services are a great choice to consider. Personal care includes the standard caregiving duties associated with companion care and includes help with tasks such as dressing and grooming. Personal care can also help individuals with chronic conditions like diabetes.

Common personal care services include assistance with:

Eating
Mobility Issues
Incontinence

Bathing
Dressing
Grooming

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Home Helper Services

Sometimes, seniors need helpful reminders to maintain a high quality of life at home. If you or your senior has trouble with everyday tasks like cooking, our home helper services will be very beneficial.

Common home helper care services include assistance with:

Medication Reminders
Meal Preparation
Pet Care
Prescription Refills

Morning Wake-Up
Walking
Reading

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Companionship Services

Using this kind of care is a fantastic way to make life easier for you or your senior loved one. At Always Best Care, our talented caregivers often fill the role of a companion for seniors. That way, older adults can enjoy their favorite local activities, such as visiting Manuel Valverde Park with friends while also receiving the care they need daily or weekly.

Common companionship services include:

Grocery Shopping
Transportation to Appointments
Nutritional Assistance
Conversation

Planning Outings
Completing Errands
Transportation to Community
Events and Social Outings

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Respite Care Services

According to AARP, more than 53 million adults living in the U.S. provide care to someone over 50 years old. Unfortunately, these caregivers experience stress, exhaustion, and even depression. Our respite care services help family caregivers address urgent obligations, spend time with their children, and enjoy nearby activities. Perhaps more importantly, respite care gives family members time to recharge and regroup. Taking personal time to de-stress reduces the risk of caregiver burnout. So, if you've always wanted to eat at the local The Boathouse At River Islands or visit Historical Marker, don't feel bad. Doing so is great for both you and your loved one.

At the end of the day, our goal is to become a valuable part of your senior's daily routine. That way, we may help give them the highest quality of life possible. We know that staying at home is important for your loved one, and we are here to help make sure that is possible.

If you have been on the fence about non-medical home care, there has never been a better time than now to give your senior the care, assistance, and companionship they deserve.

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Benefits of Home Care in Lathrop, CA

Always Best Care in-home services are for older adults who prefer to stay at home but need ongoing care that friends and family cannot provide. In-home care is a safe, effective way for seniors to age gracefully in a familiar place and live independent, non-institutionalized lives. The benefits of non-medical home care are numerous. Here are just a few reasons to consider senior care services from Always Best Care:

Age in Place

According to AARP, 9 out of 10 seniors prefer to age in place within the comfort of their own home. With in-home care, seniors have a way to stay at home, receive the care they need, and maintain a sense of independence, improving overall wellness.

Peace of Mind

If you or a member of your family have assumed the role of caregiver for your senior loved one, you know how stressful the job can be. Between caregiver burnout and constant worry, being a family caregiver is hard. In-home care relieves your burden and gives you peace of mind knowing that your older family member is in expert hands.

Socialization

Unlike nursing homes, where the staff and residents rotate frequently, seniors can foster new friendships and build bonds with their caregiver. Seniors who socialize on a regular basis are often happier, which fosters positivity and leads to increased wellbeing.

Personalized Care Plan

No two seniors need the same kind of in-home care assistance. That is why each of our Care Plans is tailored to meet our client's individual needs. We offer plans that cover everything from light housekeeping to more involved duties like transportation to doctor's appointments. Our Care Coordinators will work closely with you to develop a personalized plan to ensure your senior's needs are exceeded.

Always Best Care offers a full array of care options for patients at all levels of health. With our trusted elderly care services, your loved one will receive the level of care necessary for them to enjoy the highest possible quality of life.

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Aging in Place: The Preferred Choice for Most Seniors

While it's true that some seniors have complicated medical needs that prevent them from staying at home, aging in place is often the best arrangement for seniors and their families. With a trusted caregiver, seniors have the opportunity to live with a sense of dignity and do so as they see fit - something that is unavailable to many older people today.

In-home care makes it possible for millions of seniors to age in place every year. Rather than moving to a strange nursing home, seniors have the chance to stay at home where they feel the happiest and most comfortable.

Here are just a few of the reasons why older men and women prefer to age at home:

How much does a senior's home truly mean to them?

A study published by the American Society on Aging found that more than half of seniors say their home's emotional value means more than how much their home is worth in monetary value. It stands to reason, then, that a senior's home is where they want to grow old.

With the help of elderly care in Lathrop, CA, seniors don't have to age in a sterilized care facility. Instead, they can age gracefully in the place they want to be most: their home. In contrast, seniors who move to a long-term care facility must adapt to new environments, new people, and new systems that the facility implements. At this stage in life, this kind of drastic change can be more harmful than helpful.

Institutional care facilities like nursing homes often put large groups of people together to live in one location. On any given day, dozens of staff members and caregivers run in and out of these facilities. Being around so many new people in a relatively small living environment can be dangerous for a seniors' health and wellbeing. When you consider that thousands of seniors passed away in nursing homes during the COVID-19 pandemic, opting for in-home care is often a safer, healthier choice for seniors.

Aging in place has been shown to improve seniors' quality of life, which helps boost physical health and also helps insulate them from viral and bacterial risks found in elderly living facilities.

For many seniors, the ability to live independently with assistance from a caregiver is a priceless option. With in-home care, seniors experience a higher level of independence and freedom - much more so than in other settings like a nursing home. When a senior has the chance to age in place, they get to live life on their own terms, inside the house that they helped make into a home. More independence means more control over their personal lives, too, which leads to increased levels of fulfillment, happiness, and personal gratification. Over time, these positive feelings can manifest into a healthier, longer life.

More independence, a healthier life, and increased comfort are only a few benefits of aging in place. You have to take into consideration the role of cost and convenience. Simply put, it's usually easier and more affordable to help seniors age in place than it is to move them into an institutional care facility. According to the US Department of Housing and Urban Development, seniors who age in the comfort of their homes can save thousands of dollars per month.

In-home care services from Always Best Care, for instance, are often less expensive than long-term solutions, which can cost upwards of six figures per year. To make matters worse, many residential care facilities are reluctant to accept long-term care insurance and other types of payment assistance.

With Always Best Care's home care services, seniors and their families have a greater level of control over their care plans. In-home care gives seniors the chance to form a bond with a trusted caregiver and also receive unmatched care that is catered to their needs. In long-term care facilities, seniors and their loved ones have much less control over their care plan and have less of a say in who provides their care.

Affordable Care

In-home care is a valuable resource that empowers seniors to age in place on their own terms. However, a big concern for many families and their loved ones is how much in-home care costs. If you're worried that in-home care is too expensive, you may be pleasantly surprised to learn that it is one of the most affordable senior care arrangements available.

Typically, hiring an Always Best Care in-home caregiver for a few hours a week is more affordable than sending your loved one to a long-term care facility. This is true even for seniors with more complex care needs.

At Always Best Care, we will work closely with you and your family to develop a Care Plan that not only meets your care needs, but your budget requirements, too. Once we discover the level of care that you or your senior need, we develop an in-home care plan that you can afford.

In addition to our flexible care options, families should also consider the following resources to help offset potential home care costs:

If your loved one qualifies, Medicaid may help reduce in-home care costs. Review your CA's Medicaid program laws and benefits, and make sure your senior's financial and medical needs meet Medicaid eligibility requirements.

Attendance and aid benefits through military service can cover a portion of the costs associated with in-home care for veterans and their spouses.

Many senior care services like in-home care are included in long-term care insurance options. Research different long-term care solutions to find a plan that provides coverage for senior care.

Home care can be included as part of a senior's private insurance plan. Read over your loved one's insurance policy carefully or speak with their insurance provider to determine if in-home care is covered.

Depending on the life insurance plan, you may be able to apply your policy toward long-term care. You may be able to use long-term-care coverage to help pay for in-home elderly care.

Compassionate Care. Trusted Caregivers.

When you or your senior loved one needs assistance managing daily tasks at home, finding a qualified caregiver can be challenging. It takes a special kind of person to provide reliable care for your senior loved one. However, a caregiver's role involves more than meal preparation and medication reminders. Many seniors rely on their caregivers for companionship, too.

Our companion care services give seniors the chance to socialize in a safe environment and engage in activities at home. These important efforts boost morale and provide much-needed relief from repetitive daily routines. A one-on-one, engaging conversation can sharpen seniors' minds and give them something in which to be excited.

At Always Best Care, we only hire care providers that we would trust to care for our own loved ones. Our senior caregivers in Lathrop, CA understand how important it is to listen and communicate with their seniors. A seemingly small interaction, like a short hug goodbye, can make a major difference in a senior's day. Instead of battling against feelings of isolation, seniors begin to look forward to seeing their caregiver each week.

Understanding the nuances of senior care is just one of the reasons why our care providers are so great at their job.

Unlike some senior care companies, our caregivers must undergo extensive training before they work for Always Best Care. In addition, our caregivers receive ongoing training throughout the year. This training ensures that their standard of care matches up to the high standards we've come to expect. During this training, they will brush up on their communication skills, safety awareness, and symptom spotting. That way, your loved one receives the highest level of non-medical home care from day one.

Assisted Living Referral Services

While it's true that many seniors prefer to age at home, sometimes in-home care isn't the best fit. For those seniors and their families, choosing an assisted living facility makes more sense. Unfortunately, finding the optimal care facility is easier said than done in today's day and age. That's when Always Best Care's assisted living referral services begin to make a lot of sense.

Assisted living is a form of housing intended for seniors who require varying degrees of medical and personal attention. Accommodations may include single rooms, apartments, or shared living arrangements. Assisted living communities are typically designed to resemble a home-like environment and are physically constructed to encourage the independence of residents.

At assisted living communities, seniors receive help with daily activities such as bathing, dressing, and eating. They may also benefit from coordination of services with outside healthcare providers, and monitoring of resident activities to ensure their health, safety, and well-being. Caregivers who work at assisted living communities can also provide medication administration and personal care services for older adults.

Other services offered within assisted living communities can include some or all of the following:

Housekeeping
Laundry
Recreational Activities
Social Outings
Emergency Medical Response
Medication Monitoring
Family Visitation
Personal Care

At Always Best Care, our representatives can match your senior's emotional, physical, and financial needs with viable assisted living communities nearby. Results are based on comparative data, so you can select the best choice for you or your loved one.

Always Best Care works closely with local senior living communities to gain valuable knowledge that we then use to help seniors and their loved ones make informed decisions. This information can include basic care and rent, resident availability, and services provided. Because Always Best Care is compensated by these communities, we provide senior living referral services at no extra cost to you.

Some of the most popular assisted living communities to consider in our area include the following:

Pals Assisted Living
Stonebridge Care Facility
Fruitful Humble Abode I
Harmony Care Home
A Place For Mom - Senior Living Advisor Charlotte Stackpole
Lathrop Senior Center

For many seniors, moving into a senior living community revolves around how and when they want to make a transition to more involved care. Some seniors are more proactive about transitioning to independent living. Others choose to remain home until their care needs or other requirements are satisfied. Remember - our staff is here to help. Contact our office today to learn more about assisted living communities and how we can find a facility that exceeds your expectations.

Taking the First Step with Always Best Care

The first step in getting quality in-home care starts with a personal consultation with an experienced Always Best Care Care Coordinator. This initial consultation is crucial for our team to learn more about you or your elderly loved one to discover the level of care required. Topics of this consultation typically include:

A discussion of your needs and how our trained caregivers can offer assistance in the most effective way

A draft of your care plan, which includes highly detailed notes and a framework for the care that you or your senior will receive

Discuss payment options and help coordinate billing with your insurance provider

Our caregivers are trained to spot changes that clients exhibit, like mental and physical decline. As your trusted senior care company, we will constantly assess and update your Care Plan to meet any new emotional, intellectual, physical, and emotional needs.

If you have never considered in-home care before, we understand that you and your family may have concerns about your Care Plan and its Care Coordinator. To help give you peace of mind, know that every team member and caregiver must undergo comprehensive training before being assigned to a Care Plan.

At the end of the day, we only hire the best of the best at Always Best Care. Whether you need home care in Lathrop, CA 24-hours a day or only need a respite for a couple of hours, we are here to serve you.

When you're ready, we encourage you to contact your local Always Best Care representative to set up a Care Consultation. Our Care Coordinators would be happy to meet with you in person to get to know you better, discuss your needs, and help put together a personalized Care Plan specific to your needs.

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LATHROP MEANS FURNITURE AS ASHLEY PLANS TO TRIPLE

Ashley Furniture’s Lathrop footprint could soon be getting a lot larger.And it will include the largest Ashley Homestore in the region coming in at 110,000 square feet — just 6,641 square feet less than the Living Spaces showroom in Manteca at Union Road and the 120 Bypass.When the Lathrop Planning Commission meets on Wednesday during a special meeting at Lathrop City Hall – the meeting is scheduled to begin at 7 p.m. inside of the Council Chambers at 390 Towne Centre Drive – they’ll be considering...

Ashley Furniture’s Lathrop footprint could soon be getting a lot larger.

And it will include the largest Ashley Homestore in the region coming in at 110,000 square feet — just 6,641 square feet less than the Living Spaces showroom in Manteca at Union Road and the 120 Bypass.

When the Lathrop Planning Commission meets on Wednesday during a special meeting at Lathrop City Hall – the meeting is scheduled to begin at 7 p.m. inside of the Council Chambers at 390 Towne Centre Drive – they’ll be considering approval of a plan for the furniture company to construct a 1.5 million square foot warehouse at the corner of Dos Reis and Manthey Roads.

According to the staff report prepared for the commission, Ashley Furniture currently operates a warehouse facility and store on the opposite side of I-5 in the Crossroads Industrial Area and the company believes it has outgrown the 525,000 square foot concrete tilt-up building that was constructed in 2018.

Based on the plans that the developer of the nearly 90-acre site located within the Central Lathrop Specific Plan submitted for consideration, the new complex will include a 24,000 square foot office facility, a showroom and Ashley Homestore measuring just over 110,000 square feet, and 1.35 million square feet of warehouse space to allow the distribution center to serve as the hub supplying multiple Western States.

By comparison, the Wayfair distribution center in Lathrop has 1.1 million square feet.

Last year the Lathrop City Council approved the update for the city’s General Plan that changed the zoning in the area north of Dos Reis Road from residential and commercial to light industrial – making the Ashely warehouse proposal the first large industrial project that in that area that has come before the council since approving the change.

While the parcel would occupy a large portion of the land between the back side of Lathrop High School and the Manthey Road border with I-5, the project does not extend all the way back to the abut the school site – leaving a buffer between the eastern edge of the school and the currently open land beyond the school’s baseball and softball diamonds.

If the commission were to approve the proposed project and it were to be constructed as outlined in the staff report, the company’s existing building in the Crossroads Industrial Area could be sold or leased to another company.

For additional information, or to obtain a copy of the proposal that will be before the commission during the special meeting, visit the City of Lathrop’s website at www.ci.lathrop.ca.us.

[email protected] or call 209.249.3544.

Tesla Megapacks: Huge Quantity Of Over Half a Billion Dollars Worth Spotted at Lathrop, CA

Follow us today... Tesla Megapack Flyover: 258 SpottedIn what is the most amount of Tesla Megapacks I've ever seen at one time, a flyover revealed 258 Tesla Megapacks as counted by a flyover drone. There were 74 Tesla Megapacks on the other side of the factory, for a total of 332.That is an incredible amount of Tesla Megapacks which have a total cost of about $2.1 million per p...

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Tesla Megapack Flyover: 258 Spotted

In what is the most amount of Tesla Megapacks I've ever seen at one time, a flyover revealed 258 Tesla Megapacks as counted by a flyover drone. There were 74 Tesla Megapacks on the other side of the factory, for a total of 332.

That is an incredible amount of Tesla Megapacks which have a total cost of about $2.1 million per pack (including installation) for the highest end Megapacks, meaning this bundle of Tesla Megapacks is worth about $540 million (or more) or over half a billion dollars.

It will be interesting to see who the customer is for this, but I imagine that Utility companies across the U.S. and Canada are currently the prime market for the Tesla Megapack.

Tesla energy is growing much faster than you might think:https://t.co/ARFK5GQUW2 $TSLA @Tesla @torquenewsauto #energy #teslaenergy #megapack #powerwall pic.twitter.com/How8vEvGBH — Jeremy Noel Johnson (@AGuyOnlineHere) November 23, 2023

There is a wait time of about a year for the Tesla Megapack, and it requires a $1,000 non-refundable reservation deposit.

There are 2-hour and 4-hour duration Megapacks, with the 2-hour duration having 1,927 kW / 3,854 kWh per Megapack and a round trip efficiency of 92%. The 4-hour duration have 979 kW / 3,916 kWh per Megapack and a round trip efficiency of 93.7%.

The dimensions are 347 in. wide, 65 in. deep and 110 in. tall and one weights about 84,000 lbs. max.

You May Also Be Interested In: Tesla Autopilot - drop the double pull, just single pull, it's cleaner - and other software updates.

Tesla Energy

The Tesla Megapack is Tesla's primary revenue generator for the Tesla energy business, with the PowerWall and Solar Roof coming in distant second and third. A fun fact is that the Tesla Cybertruck will equal about 10 Tesla PowerWalls due to its ability to have dual-direction power capabilities.

By the end of the decade, I expect Tesla energy to be worth north of $100 million, with the Tesla Megapack being the primary way utility companies provide grid stability and make additional profits. Yes, the Tesla Megapack will help utility companies make more money. How, you might ask?

A Utility company can take energy during the night and fill up the Tesla Megapacks. During the day, the utility company can then sell that energy to customers at a higher cost than it was to fill up the Tesla Megapack batteries. The cost difference is profit for the Utility company. Day after day, these profits will add up.

Worth repeating: There are some astonishing economics from the Tesla Megapack:https://t.co/5zb1tVWfVD $TSLA @Tesla @torquenewsauto #megapack #teslaenergy — Jeremy Noel Johnson (@AGuyOnlineHere) November 23, 2023

Will Tesla energy offer any additional products besides the Megapack, PowerWall, and Solar Roof? I don't think we'll see anything anytime soon. The only thing I could think of that Tesla energy might get into in the future is building large solar arrays. But, Tesla would have to have a new factory designated to this purpose.

Who do you think these Megapacks are going to? Will we see even more than these in the future?

In Other Tesla News: Tesla Cybertruck price predictions for single, dual, and tri motor variants.

Share this article with friends and family and on social media! Thank you so much for your support!

Hi! My name is Jeremy Johnson, and I am a Tesla investor and supporter. I first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, I've become a Tesla bull, covering anything about Tesla I can find, while also dabbling in other electric vehicle companies like Aptera. I cover Tesla and EV developments at Torque News. You can follow me on X.COM or LinkedIn to stay in touch and follow my Tesla news coverage. Image Credit, Met God in Wilderness, Screenshot

Over 370 Tesla Megapack batteries spotted at Lathrop Megafactory

An astounding 376 Tesla Megapack batteries were recently sighted at the electric vehicle maker’s Megafactory in Lathrop, California. The size of the Megapack fleet suggests that the production of the flagship batteries is running smoothly.Tesla’s Megafactory is specifically designed to produce the Megapack. Being the company’s largest battery storage unit, the Megapack is designed for grid use, and it has successfully been deployed in key projects in Australia and the United States, among others. Tesla offers ...

Tesla’s Megafactory is specifically designed to produce the Megapack. Being the company’s largest battery storage unit, the Megapack is designed for grid use, and it has successfully been deployed in key projects in Australia and the United States, among others. Tesla offers two variants of the Megapack: a 2-hr version that offers 1.9 MW of power and 3.9 MWh of energy and a 4-hr variant that offers 1 MW of power and 3.9 MWh of energy.

The Megapack fleet was captured on video by Tesla watcher Met God in Wilderness, who has been observing the activities in the Fremont Factory and Lathrop Megafactory for some time now. During a recent flyover, the drone operator noted that he was astounded at the number of Megapacks in the Lathrop Megafactory’s staging area. From the video, one could see that there were about 376 Megapacks around the Megafactory complex.

As noted by members of the Tesla community, such a number of Megapack batteries could represent an estimated $600 million in revenue for the company. For context, the Megapack is listed with a price of $2,000,010 for its 4-hour variant including installation, and $2,254,300 for its 2-hour version with installation. Without installation charges, the 2-hour Megapack is listed with a price of $1,465,090, while the 4-hour version is listed with a price of $1,388,760.

Tesla noted in its Q2 2023 Update Later that energy storage deployments are increasing, thanks in no small part to the Lathrop Megafactory’s ramp. The facility, after all, is still in its early stages, considering that it has a target output of 10,000 Megapack batteries annually.

“Energy storage deployments increased by 222% YoY in Q2 to 3.7 GWh, another strong quarter due to the ongoing ramp of our first dedicated Megapack factory (Megafactory) in Lathrop, CA. The ramp of this 40 GWh Megafactory – the first of many – has been successful with still more room to reach full capacity,” Tesla noted in its Q2 2023 Update Letter.

Watch the recent flyover of the Tesla Lathrop Megafactory in the video below.

Don’t hesitate to contact us with news tips. Just send a message to [email protected] to give us a heads-up.

Tesla Lathrop Megafactory spotted with 326 Megapack batteries

The Tesla Megapack battery could be considered as one of the rising stars of the company. During the fourth quarter and full year 2023 earnings call, Tesla executives highlighted that the growth of Tesla’s energy storage business would outpace the growth of the company’s automotive division this year. A lot of this growth would be due to the Megapack battery, Tesla’s flagship energy storage product.The Tesla Megapack battery is the company’s largest energy storage system. Designed for grid-scale projects, the M...

The Tesla Megapack battery is the company’s largest energy storage system. Designed for grid-scale projects, the Megapack is offered in two configurations: a 2-hour version offering 1.9 MW of power and 3.9 MWh of energy and a 4-hour variant delivering 1 MW of power and 3.9 MWh of energy. The Megapack has been quite successful so far, with the energy storage device being deployed in high-profile projects such as the 182 MW/730 MWh installation in Moss Landing, California, to the 150 MW/300 MWh system in New South Wales, Australia.

With installation charges, the 2-hour variant is priced at $2,081,060, while the 4-hour variant is priced at $1,865,370. Without installation charges, the 2-hour Megapack is priced at $1,278,860 and the 4-hour variant is priced at $1,227,090. Tesla’s estimated annual maintenance cost for the Megapack battery is $8,830, with the cost rising 2% per year.

The Tesla Megapack is primarily built in the Lathrop Megafactory in California, though another Megafactory is poised to be built in Shanghai this year. And as per a recent drone flyover from Tesla watcher Met God in Wilderness, who has been conducting drone flyovers of some of Tesla’s California facilities, it appears that the Lathrop Megafactory is currently hard at work producing the grid-scale batteries at scale.

At the time of the Tesla watcher’s drone flyover, a total of 326 Tesla Megapacks could be seen on the premises of the Megafactory. That’s quite a lot of Megapacks, with Tesla watchers estimating that the batteries in the facility’s holding lots are likely worth over $500 million. Considering that Megapacks are designed for easy transport and installation, it would not be surprising if many of the batteries that were spotted in the drone operator’s flyover were delivered within the present quarter.

The past year was a period of milestones for Tesla Energy, with deployments seeing a 125% increase compared to 2022. As per Tesla CFO Vaibhav Taneja, the company’s energy storage business is also seeing a rise in revenue. “Our energy storage business had another record year with deployments more than doubling and revenues increasing by more than 50%. This business is poised to again surpass our auto business in terms of growth rate in 2024. This has been in the works for quite some time with us laying the foundation a few years back by building our Mega Factory in Lathrop,” Taneja said during the Q4 and FY 2023 earnings call.

Watch a recent drone flyover of Tesla’s Lathrop Megafactory in the video below.

Don’t hesitate to contact us with news tips. Just send a message to [email protected] to give us a heads up.

JLL Arranged Construction Takeout Financing for Mossdale Landing Apartments in Lathrop California

JLL Capital Markets announced that it has arranged the $51 million construction takeout financing for Mossdale Landing Apartments, a recently completed, Class A, 204-unit, garden-style apartment community located in Lathrop, California.JLL represented the borrower, Mossdale Landing Owner LLC, a company comprised of ...

JLL represented the borrower, Mossdale Landing Owner LLC, a company comprised of Rubik Built, Wright Equities and The Grupe Company, to secure the three-year bridge loan through MF1 Capital.

Completed in summer 2023, the 10-building Mossdale Landing Apartments features one-, two- and three-bedroom units with high-end interiors, spacious private balconies/patios and in-unit washers and dryers.

Situated at 18008 Golden Valley Pkwy, Mossdale Landing is located on a 9-acre site along Highway 5 and is just two miles from the regional ACE rail station, allowing an easy commute to the major employment hubs in Bay Area. Numerous top employers are within a 10-minute radius of the site, including Kaiser Permanente, Tesla and Amazon. The property is also just a two-minute drive from the 185,000-square-foot Lathrop Towne Center retail development and the under-construction retail at Lathrop Marketplace, along with several other large retail centers and parks. It also borders the 5,000-acre River Islands community development, which will consist of 11,000 homes, a town center and an employment center that will provide thousands of new jobs for residents.

The JLL Capital Markets Advisory Team representing the borrower was led by Senior Managing Director Jeff Sause, Director Lillian Roos and Analyst Jalynn Borders.

“The sponsor team has done an exceptional job delivering highly amenitized, Class A product into the supply-constrained submarkets of the Central Valley, exemplified by the impressive leasing demand at Mossdale and their other nearby projects,” said Roos.

Targeting to break ground in mid-2024, this ambitious project aims to combine the North Dallas suburb's historic charm with innovative urban design, positioning the city as a premium destination for locals and visitors for years to come.

Presidium, a diversified real estate development, investment and management firm, has announced that the site plan for the Presidium Cotton Mill mixed-use development has received conditional approval from the City of McKinney, Texas.

To accommodate the exponential growth the area has been experiencing, plans for Presidium Cotton Mill will add to the recent success of the area led by the Casey Family by developing complementary infrastructure around the existing Cotton Mill. The project will span approximately 28 acres and is poised to feature approximately 200,000 square feet of Class-A office space and over 1.2 million square feet for multifamily residences.

“Taking on a project of this magnitude would be nearly impossible without the collective insight and dedication of the McKinney community, especially the Casey Family, Eastside Pastors, Parks and Recreation, and the McKinney Economic Development and Community Development Corporations,” said Josh Eames, Presidium’s President of Development. “We look forward to honoring the Cotton Mill’s legacy while laying the foundation for McKinney’s vibrant future.”

Ranging from five to seven stories in height, the four multifamily buildings will collectively bring approximately 1,200 apartment units within the next six years. With more than 9,000 square feet of amenity space per multifamily building, residents will enjoy an array of luxurious offerings, from a beach entry pool and grilling stations to state-of-the-art fitness centers, co-working spaces, game rooms, lounge areas and more. Additionally, the design includes 27 townhome-style artist lofts, which will beautifully accentuate the southern border of the development.

Beyond the economic benefits, which include a projected total economic impact of $933M and a tax revenue generation of $38M for the City of McKinney, the development underscores a commitment to enhancing community life.

“The Cotton Mill plan offers a catalytic opportunity for McKinney. It promises to be a place that honors the historic roots of the site and its storied past while embracing its current role as a dynamic arts hub. The plan will bring new residents and a host of amenities from local performance areas, to family-friendly cafes and eateries. It will be a year-round draw for locals and out-of-town visitors alike,” said the project’s master planner and public realm designer, Martin Zogran, Principal of Sasaki Associates.

“Looking forward, the vision for the Cotton Mill remains promising. The complex continues to be a symbol of McKinney’s commitment to preserving its heritage while fostering innovation, progress and creativity. With a renewed sense of purpose, The Cotton Mill stands poised to contribute to McKinney’s growth for years to come, reminding everyone of the power of rejuvenating the past to shape a vibrant and promising future,” said Chandler Casey, Manager of the McKinney Cotton Mill.

The multi-phase mixed-use development is slated to be fully complete in February 2030, with phase one consisting of a wraparound five-story multifamily building that will bring nearly 260 of the planned residential units. With a combined goal of fostering a ‘live, work, play’ environment, Provident General Contractors, O’Brien Architects, Ink & Oro and Kimley Horn will help bring the project to life.

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