New Car Dealerships Coming to Glenwood Springs
KREX News Room
GLENWOOD SPRINGS, Colo.- Glenwood Springs is beginning to burst out of the recession.
Sales tax and lodging revenue are up, and three new car dealerships are coming to town. "We're becoming the auto capital of the Western Slope," said Marianne Virgili, president of the Chamber of Commerce.
Bighorn Toyota, Berthod Motors and a new Chevrolet dealership have broken ground. "The more business in Glenwood, the more it draws in, so amazing enough even with competition, everybody gets busier. I think it's great that we're showing some positive gains," said Don Gerbaz, owner of Berthod Motors.
City officials say even though they are still recovering from the economic fall, sales tax revenue is up almost 9 percent this year and lodging revenue is up by 16 percent. "I would say it's increasing over what it was in 2010, but we're still below what we were in 2007, so anything that's increasing now is positive," said Michael Harman, financial director for the city of Glenwood Springs.
Officials say they have a lot to offer as they are the biggest shopping area between Grand Junction and Denver. "Our tourist economy is up almost 20 percent, and our retail sales taxes are up," said Virgili.
With more places for residents to buy and service their cars, they have high expectations for the future. "People will come to Glenwood Springs not only to purchase cars, but to get them serviced here. While they're here, they can enjoy all the recreational activities, restaurants and shopping we have to offer," said Virgili.
Officials say they expect the dealerships to be completed next spring, and that a Honda dealership may be coming into town as well.