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O'Steen Volvo revving up

The City approved a $1.2 million renovation for a former Saturn dealership at 10863 Philips Highway for O'Steen Volvo.

Crabtree Construction Co. is the contractor.

As the Daily Record has reported, O'Steen Automotive Group Inc. intends to relocate its Volvo dealership business at 2525 Philips Highway more than 11 miles south to the former Saturn site by early 2014.

Mark O'Steen, a partner and vice president with the family-owned automotive group, said in January there were two motivating factors in the decision.

One, the Florida Department of Transportation needs part of the existing dealership property, including 40 parking spaces, for its Overland Bridge project along Interstate 95.

The project began early this year to replace the series of overpasses that carry traffic on I-95 over Hendricks, Kings and Montana avenues and Atlantic Boulevard. The overpasses are referred to as the Overland Bridge.

Two, the O'Steens want to be part of the dealership migration to the southern Philips Highway area near the Interstate 295 East Beltway.

"We feel like we are the last-standing dealership here and we would like to be with the other competitors," O'Steen said in January.

O'Steen Automotive paid $1.8 million for the former Saturn dealership site, comprising two buildings developed in 1995 on a 2.9-acre site.

O'Steen bought the property Dec. 21 from Spirit Master Funding IV LLC.

The former Saturn dealership is not far from O'Steen's other dealership, O'Steen Volkswagen at 11401 Philips Highway, which was developed in 2006.

O'Steen said the new Volvo site will be renovated with the new Volvo face and the group will add service bays, a car wash, a customer lounge and an upgrade to the entire facility. He said the shop and service department will be air-conditioned.

7-Eleven, Charlotte Russe

• The City OK'd construction for a 7-Eleven store at 14826 Old St. Augustine Road at a project cost of $500,000.

• Charlotte Russe is on the way to St. Johns Town Center at 4870 Big Island Drive, No. 5. Shell modifications, which precede tenant build-out, were approved at a cost of $20,245.