The city of Conroe is working to firm up a deal with the used car retailer CarMax that would bring a $5.2 million auction facility to the Conroe Park North Industrial Park.
The Conroe Industrial Development Corp. board approved the construction and development plans for the project Feb. 16.Executive Director of the Conroe Economic Development Council Danielle Scheiner said the company was not seeking any variances to building requirements in the park.The city’s engineering department, Scheiner said, will also review the project for final approval.The project will span about 40 acres and will include more than 8,600 square feet total for the facility.
“There are going to be two buildings,” Scheiner said. “There is an office in a smaller building and the larger building will actually be the service center. The rest of the property will be outside storage parking of the vehicles to be auctioned.” According to information from CarMax, auctions are for buyers of licensed dealerships. Auctions are held weekly and offer online bidding.
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