Watch CBS News

Longest-Running Car Dealership In Summit County To Close Amid Development Boom

By Matt Kroschel

SILVERTHORNE, Colo. (CBS4)- As the population continues to boom across Colorado, the need for more housing grows. The latest business that will be lost to residences is the longest running car dealership in Summit County.

Friday was supposed to be the last day in operation for Hudson Auto Source. The owner sold the prime real estate to a developer who wants to build a new "loft style" complex.

silverthorne car dealership
(credit: CBS)

Hudson Auto Source will stay open a while longer and will continue selling cars into next week.

Resort Concepts is proposing the 152-unit residential development they will call "Park Lofts" on Blue River Parkway. They have not presented their plan to the city yet but are arranging to do so.

CAR LOT DEVELOPMENT_frame_2236
(credit: CBS)

It is next door to where other developers want to add the Fourth Street Crossing development in the downtown core as the town looks to reinvent itself.

CAR LOT DEVELOPMENT_frame_214
(credit: CBS)

Lynne McMahon owns Hudson and says this is all very bittersweet.

Matt Kroschel covers news throughout Colorado working from the CBS4 Mountain Newsroom. Send story ideas to mrkroschel@cbs.com and connect with him on Twitter @Matt_Kroschel.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.