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Terrace sells vacant land to car dealership

The City of Terrace has reached a deal to sell 5 acres of land to the owners of a local car dealership.

A news release issued by the city says the vacant parcel at the corner of Keith Avenue and Kenney Street was sold to Onstein Brothers Holdings for the relocation of its Toyota Dealership at a price of $1,025,000.

Mayor Carol Leclerc says it’s exciting to see a long-term commercial use for the highly visible property, adding the deal has been in the works for about a year.

The city says the new Toyota Dealership will be the first development in the light industrial/commercial sector identified in the Keith Avenue Estates Neighbourhood Concept Plan completed in 2014.

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