Nation’s largest used car dealer starts work on Lynnwood lot

Publicly traded CarMax is building one of its first used car dealerships in the Puget Sound region in Lynnwood. The lot is expected to include 580 parking stalls, including 402 for sales. (Jim Davis / HBJ)

Publicly traded CarMax is building one of its first used car dealerships in the Puget Sound region in Lynnwood. The lot is expected to include 580 parking stalls, including 402 for sales. (Jim Davis / HBJ)

LYNNWOOD — Construction is under way on a CarMax dealership along Highway 99.

The publicly traded company bills itself as the nation’s largest used auto dealership. It’s big enough to rank on the Fortune 500 list of wealthiest U.S. companies.

Work started last month on the 9-acre site of the former Detroit Autoworks property along Highway 99 at 212th Street SW. The project is expected to be finished in March.

Sierra Construction of Woodinville is the general contactor.

Plans call for a 19,277-square-foot, single-story building and a 926-square-foot car wash. The lot will include 580 parking stalls, 402 for sales and 178 for customers and employees.

The site will also include three-quarters of an acre landscaped retention pond.

CarMax earlier said that new dealerships typically cost between $10 million to $25 million.

This and another dealership being built in Puyallup are the company’s first foray into the Puget Sound area. The only other CarMax dealership in the state opened two years ago in Spokane Valley.

CarMax, based in Richmond, Virginia, has about 50,000 vehicles at its more than 150 stores nationwide. It’s growing by about 13 to 16 stores a year.

CarMax was started in the early 1990s by Circuit City executives who were looking to create a national retail chain without a national competitor, according to the CarMax website.

Circuit City, which went out of business in 2009, invested $50 million into the CarMax concept. The company sold its first car, a 1993 Jeep Grand Cherokee in 1993.

CarMax became its own company in 1997 and is traded under the ticker symbol KMX.

Talk to us

More in Herald Business Journal

FILE - In this Tuesday, June 20, 2017 file photo a Boing 737 MAX 9 airplane performs a demonstration flight at the Paris Air Show, in Le Bourget, east of Paris, France. Europe’s aviation regulator has taken a step closer to letting the Boeing 737 Max fly again. It published a proposed airworthiness directive on Tuesday that could see it clear the aircraft within weeks to resume flying after nearly two years and a pair of deadly crashes. (AP Photo/Michel Euler, file)
European regulator moves to clear Boeing 737 for flight

The move comes after the FAA already cleared the Boeing 737 Max earlier this month.

Diners Bonnie Breitman, left, and Casey McGan huddle near an outdoor gas fire as they eat lunch outside in a blustery wind Tuesday, Nov. 17, 2020, in Bellingham, Wash. Washington Gov. Jay Inslee on Sunday announced tighter restrictions in the state in response to a flood of new cases of COVID-19, the disease caused by the coronavirus. Restaurants and bars will again be limited to outdoor dining and to-go service, gyms, and some entertainment centers will be required to close indoor services. Retail stores, including grocery stores, will be ordered to limit indoor capacity and indoor social gatherings will be prohibited unless attendees have quarantined for 14 days or tested negative for COVID-19 and quarantined for a week. (AP Photo/Elaine Thompson)
New shutdown expected to cost Washington restaurants $800M

The Washington Hospitality Association urged lawmakers to figure out ways to support hospitality businesses.

Burton Clemans, an employee at Sisters for 8 years, packages up a Sisters cookie on Tuesday, Nov. 17, 2020 in Everett, Wa. (Olivia Vanni / The Herald)
Sisters closes, for now, as eateries enter another lockdown

The four-week ban on indoor dining has local restaurants pondering whether to shut their doors for good.

Washington Gov. Jay Inslee speaks during a news conference, Sunday, Nov. 15, 2020, at the Capitol in Olympia, Wash. Inslee announced new restrictions on businesses and social gatherings for the next four weeks as the state continues to combat a rising number of coronavirus cases. (AP Photo/Ted S. Warren)
Inslee announces $135 million pandemic relief plan

The state will use CARES Act dollars to help businesses and people impacted by latest restrictions.

The AFK Tavern is closing up shop on Nov. 28 after 10 years due to their lease being up and the impact of COVID on November 15, 2020.  (Kevin ClAFK / The Herald)
Game over: After 10 years, last call at Everett’s AFK Tavern

The closing is due to COVID and the end of a lease. The owner hopes to reopen elsewhere in 2022.

Steve Dickson, administrator of the Federal Aviation Administration, at the U.S. Chamber of Commerce Aviation Summit in Washington, D.C., on March 5, 2020. MUST CREDIT: Bloomberg photo by Zach Gibson.
FAA faces its own reckoning as it gives Boeing path to fly jet

The agency is devoting more time and resources to assess how pilots react to emergencies.

Middle-school counselor Shanon Baker poses for a photo in the school's library Wednesday, Nov. 18, 2020, in Sammamish, Wash. A master's degree and a full-time job weren't enough to help Baker land an apartment she could afford in Seattle's east-side suburbs. But a $750 million commitment by a partnership backed in part by Microsoft's affordable housing initiative helped do the trick. Urban Housing Ventures is cutting rents at 40% of the units in three buildings as part of an effort to make sure teachers, nurses and other middle-income professionals can live in the communities where they work. (AP Photo/Elaine Thompson)
Microsoft-led housing effort cuts rents in Seattle suburbs

The plan is to help middle-income professionals live in the communities where they work.

The father of Bhavye Suneja, one of the pilots of a Lion Air plane that crashed in Indonesia, reacts as he leaves for the airport in New Delhi, India, on Oct.29, 2018. The pilot's mother, Sangeeta Suneja, says the FAA and Boeing are bringing the 737 Max back to service prematurely. (AP Photo, file)
Pilot’s mother criticizes FAA, Boeing for rushing Max’s comeback

Her son lost control of a Lion Air plane after an automated system repeatedly pushed its nose down.

Steve Hobbs
Democratic lawmakers ask Inslee to lift ban on indoor dining

They want to try to scaling back on occupancy before forcing an end to inside service.

FILE - In this Wednesday, Sept. 30, 2020, file photo, a Boeing 737 Max jet, piloted by Federal Aviation Administration Chief Steve Dickson, prepares to land at Boeing Field following a test flight in Seattle. The FAA is poised to clear the Boeing 737 Max to fly again after grounding the jets for nearly two years due to a pair of disastrous crashes that killed 346 people. (AP Photo/Elaine Thompson, File)
After 20-month grounding, FAA clears Boeing 737 Max to fly

U.S. airlines will be able to fly the plane after software is updated and pilots receive training.

Alicia Crank, chair of the Snohomish County Airport Commission, at Paine Field on Monday, Nov. 16, 2020 in Everett, Washington. The Snohomish County-owned airfield is due to update the Airport Master Plan, considered a blue-print for long term development, anticipated land use and a requirement of the Federal Aviation Administration. (Andy Bronson / The Herald)
Time to update the airport’s master plan, and you can help

The new chair of the Snohomish County Airport Commission wants everyone to get acquainted with Paine Field.

Boeing 737 Max airplanes are parked at Boeing Field in Seattle on July 27, 2020. MUST CREDIT: Bloomberg photo by David Ryder
Once beloved Boeing is among titans headed for zombie status

Policymakers may inadvertently be directing the flow of capital to unproductive firms.