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San Antonio auto group to develop new Austin-area Toyota dealership

CedarParkRoadSign_WhitestoneThe Cavender Auto Family, which operates eight dealerships, is expanding outside the San Antonio area for the first time with plans to develop a Toyota dealership in Cedar Park.

The new venture, scheduled to open in the first half of 2017, will span 15-plus acres north of Austin along the State Highway 183 toll road — directly across from the Cedar Park Center.

The new dealership will be a first for Cavender in other respects, as it will include ownership from outside the Cavender family. Julie Herrera will be dealer principal of the new Cedar Park dealership. Her partners on the project are investors Stephen and Rick Cavender.

Herrera expects the new Toyota of Cedar Park dealership to employ more than 90 people when it opens. She said the plan calls for that number to double by 2022.

Cavender Auto Family officials did not disclose a cost for the project. But Rick Cavender did say the development will require a substantial investment in land acquisition, construction and finish out before it is operational.

“It’s a big investment in Toyota and this community,” Rick Cavender said in a statement.

Click to read entire article: San Antonio auto group to develop new Austin-area Toyota dealership (Austin Business Journal, 12-07-15)

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