ARLINGTON - Park Place Dealerships plans to start work in May on a 91,000-sf Mercedes-Benz dealership off I-20.
The store will be on a 16-acre site off I-20 and Beltway Place and should open in summer 2015.
The two-story facility will feature a showroom that can accommodate up to 16 vehicles and a shop with 35 service bays.
With the Arlington store, Park Place will have four Mercedes-Benz dealerships within about 15 miles of each other. The firm estimates each will maintain its own sales region and not compete with the others for business, according to Chairman Ken Schnitzer.
“We’re very optimistic about the future of Mercedes-Benz,” Schnitzer said. “They have plans to grow their volume through 2020, and Dallas is definitely one of their growth markets.”
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.