$300 Million Toyota Dealership Coming To California
- by Automobilnews.eu
As of us shift away from conventional dealerships in favor of direct gross sales like Tesla, or automotive supply companies like Carvana, dealerships want new methods to deliver folks within the doorways. If not that, then at the least determine new methods to generate profits. Toyota of Walnut Creek in California is making an attempt one thing new, partially as a result of actual property costs are via the roof, and it most likely wants area for all of these new Lexus IS 500s on the market.
The plan is for the vendor to grow to be a 165,000-square-foot dealership and repair middle by 2026. That may embody 54 bays, eight for fast service, 800 areas for vehicles all positioned on 7.5 acres of land. That is simply the dealership improve, however Toyota of Walnut Creek goes larger.
Above the dealership might be 400-plus-units of rental housing, leisure area, swimming swimming pools and extra. At a price of $279 million it is going to be probably the most costly auto dealership developments within the nation. Adam Simms, co-owner of Worth Simms Auto Group, is main the cost.