By Heather Lusk
Strongbox Commercial has filed a petition to develop a Tom Wood Toyota dealership in Zionsville.
Strongbox filed the petition at Zionsville Town Hall on Feb. 14. It is scheduled to be presented to the Zionsville Plan Commission on March 20.
The property is on 9.8 acres of land owned by John Wood east of I-65 and south of Whitestown Parkway, behind Cracker Barrel and the Marathon gas station.
According to the documents filed with the town, a portion of the property is in a flood zone and a storm sewer would need to be removed. Whitestown is responsible for the sewers in the area and would be involved in reviewing the plans along with the Boone County highway department, which would oversee a portion of the project.
The plan for the property calls for 333 parking spaces. According to materials submitted, Toyota requires 321 spaces at its locations.
Zionsville resident Paul Kite is one of the principals for Strongbox Commercial, which develops and constructs real estate properties in Indiana and Texas.
Recently celebrating 50 years of business in Indianapolis, Tom Wood Automotive Group owns 13 dealerships in and around the Indianapolis area, with four additional locations out of state. They also manage divisions of Power Sports and Outdoor Equipment.
Tom Wood and Strongbox officials did not return calls seeking comment.
