Soaring land values lead to innovative solutions that look up not out
An Audi dealership in the GTA’s Richmond Hill, currently occupied by several low-rise shops along Yonge Street will have about 55,000 square feet of dealership and 300,000 square feet of residential in 370 units. The green roof of the dealership will be used as an outdoor amenity of the building.The plan for a new Audi dealership in Toronto’s suburban Richmond Hill upends the classic concept of car lot.
Meanwhile, off-site inventory storage saves money and frees up space. “The more you can find mixed uses for the land, the more successful a dealership project will be,” she advises. Destination Auto Group’s Kingsway Honda replaced a Mazda dealership on a lot that had been more than two-thirds devoted to surface parking. The new dealership is now the podium level of a three-storey, 96-unit condo with customer parking and vehicle storage on two underground levels.
Having the operation on multiple levels with underground parking has also made the operation more efficient, offering a fully indoor service reception and adding car washing and detailing. To reduce the space needed for parking, the dealerships have a limited number of vehicles on site. Inventory is stored at less expensive lots off site and brought in as required, he adds.
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