New-car dealerships have specific location requirements.

When seven-story new-car dealerships are being built, it is a sign that fortunes are changing in the recently battered automobile industry. While the next development cycle for auto dealerships is just beginning, it is certainly underway. And, while the 142,000-square-foot Audi dealers that opened in Houston in 2014 is not the smallest example of recent dealership construction, it is not the largest either: In 2013 a 170,000-sf Lexus dealership was built in Plano, Texas. Several other auto dealership construction projects are underway or in planning in other areas of the country as well, including a 26,250-sf dealership under construction in Kennesaw, Ga., that will house one of just two Georgia-based Mini Cooper franchises…READ MORE