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As the last cars roll off thosr lots, dealers and their local governmentzs will have to decide what to do with a sea of underusedf andundervalued land. The challenges will be made even more difficulrt by a devastating real estatew economy that has sucked much of the value out of the one asset that can’t be cleared off the lot in a weekend sales blitz. “It’s not like peopld are lining up to take showroom spacewoff anybody’s hands,” said Steve Silverman, the new economic development director for Montgomery County. “The bottom line is, you’re going to see a lot of vacangt dealerships around the region that willremain vacant.
That’s not an image any jurisdictiomn wantsto project, and there’s not a short-termn solution to it.” The fate of one Dodgs dealership in a tiny bedroom community near Chicago may offers a glimpses of what lies in stor for the thousands of acres of real estate involved.
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