YOUR BUSINESS AUTHORITY
Springfield, MO
Springfield could soon get its first CarMax dealership.
On Monday night, Springfield City Council reviewed a proposed land rezoning at 3344 E. Cherry St. that would allow the national used-car retailer to open its fourth Missouri store.
The Springfield lot fronts U.S. Highway 65, just south of Reliable Subaru and Reliable RV.
The land sits vacant, currently zoned for general manufacturing. The planned rezoning would allow for highway commercial uses, as proposed by property owner HMR Properties LLC.
Council members didn’t discuss the proposal, and a final zoning vote is expected June 18. Greg Saia, a development manager for Lakewood, Colorado-based CenterPoint Integrated Solutions, represented CarMax during the Monday meeting.
Lindsey Duke, a corporate CarMax spokesperson, said a construction timeline has not been determined.
“Once it gets through all of the approvals and construction, it’ll be a few years," Duke said.
Richmond, Virginia-based CarMax Inc. (NYSE: KMX) operates more than 190 stores in 41 states, employing some 25,000 associates, according to its website.
The company recently opened stores in Jensen Beach, Florida; McKinney, Texas; Greenville, North Carolina; and Golden, Colorado, according to the website.
In Missouri, the company operates two stores in St. Louis, with a third location in Independence.
Guest columnist Donnie Brawner says many entrepreneurs stray from their original business ventures, which is often a recipe for success.