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Tag: Ingleside

Kiewit to spend $4,500,000.00 to occupy 48,000 square feet of space in Ingleside Texas.

Kiewit to spend $4,500,000.00 to occupy 48,000 square feet of space in Ingleside Texas.

December 9, 2024 Craig Etkin

Ingleside, Texas — According to state and local development sources, Kiewit plans to invest $4,500,000.00 to build out 48,000 square feet of new space in Ingleside. The company plans to occupy the new space at…

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Park Place Dealerships, a part of Asbury Automotive Group has successfully completed the purchase of 15 acres of land in Dallas Texas from Raytheon on December 4th 2024. Known for its best-in-class client service, Park Place is expected to develop a state-of-the-art Porsche dealership on the newly purchased property, providing its clients with the luxury experience synonymous with Park Place and Porsche. Demolition is expected to begin early 2025, with construction scheduled to conclude Q2 2027. In addition to the state-of-the-art Porsche dealership, this land purchase paves the way for Park Place to build a state-of-the-art Volvo service center beside the current Park Place Volvo dealership at the corner of Lemmon Avenue and Inwood Road. This update is expected to bring cutting-edge technology and a seamless experience to Volvo clients, offering a combined showroom and service experience conveniently on one property.

In a statement Tony Carimi Area Vice President of Park Place Dealerships said, “Dallas has a deep appreciation for luxury vehicles, and at Park Place, we are dedicated to delivering an exceptional luxury experience to our clients." "For 37 years, Park Place has earned its reputation for offering a truly one-of-a-kind client experience, attracting customers from across the nation. This prime location, just steps from our current dealerships and minutes from Love Field, ensures Porsche and Volvo enthusiasts will have access to the very best these brands have to offer.”

Park Place Dealerships was founded in 1987 and has been engaged in the community through its support of the arts, medical research, children’s advocacy, and education. Park Place employs more than 1,400 members and operates nine full-service dealerships representing luxury brands including Lexus, Mercedes-Benz, Porsche, Volvo, Acura, and Land Rover. Park Place BodyWerks Collision Centers in Dallas, Fort Worth, and Plano, and the Park Place Auto Auction, round out the company’s offerings. Park Place was acquired in 2020 by Asbury Automotive Group, Inc., a Fortune 500 company headquartered in Duluth, GA.

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The Chicago Department of Aviation has signed one of the biggest local office leases of the year outside of downtown, a deal that provides new workspace for contractors involved with the modernization of O'Hare International Airport. The department has leased 99,421 square feet at 8420 W. Bryn Mawr Ave., one of three buildings at the 637,000-square-foot U.S. Cellular Plaza complex on the city's Northwest Side, according to a statement from the property's leasing team. The CDA will relocate hundreds of employees across more than a dozen contractors to the new space from the department's Aviation Administration Building at 10510 W. Zemke Road on the edge of the airport grounds. A CDA spokesman said in a statement that the department will sublease five floors in the 11-story building through the end of next year from wireless carrier U.S. Cellular — which houses its headquarters next door at 8410 W. Bryn Mawr Ave. — and will continue that lease directly with the building's owner through 2033. The CDA statement said the original size for the lease, 79,000 square feet, increased in recent months after the department received updated headcounts from O'Hare 21 consultants. A previous estimate said the department would relocate 330 employees from 18 different contractors to the new building.

The mission of the Chicago Department of Aviation (CDA) is to enhance the economy and connectivity of Chicago through the accountable administration of O'Hare and Midway airports. The CDA is continually committed to fostering economic growth and ensuring that its airports are safe, sustainable, accessible, and reflect the city's diverse and unique character.

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