READING, Penn. — Tom Masano Auto Park will have space for 1,000 vehicles by the time it opens in 2017, according to WFMZ.com.

The 28-acre property will house the corporate headquarters, repair shop, carwash, collision facility, Wi-Fi lounge and kids’ theater, noted the article. It will offer Ford, Mercedes and BMW vehicles.

A ribbon cutting ceremony kicked off the development on May 22, stated the article. The site was formerly home to Baldwin Hardware.

"Making use of this property is a huge win for our city," said Chris Heinly, the authority board's chairman, in the article. Officials hope the development will boost the local economy.

Company co-dealer John Masano shared in the article that current employees will be kept on staff, and 20 more positions will be added.

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