BROOKLYN PARK, Minn. (KMSP) -
There are new plans for the property of the old Grand Rios Hotel and Water Park in Brooklyn Park.
The water park closed down last summer after going into foreclosure, and CarMax told FOX 9 it plans to build an auto dealership on the site.
Monday night, the Brooklyn Park city council gave the company one of the last approvals needed for the project. This will be the first dealership in Minnesota for the national company which sells used cars.
The Grand Rios structure will likely be torn down and CarMax will put up a new building. The project is estimated to be completed in two to three years.
The hotel and water park is currently empty and stands at Interstate 94 and County Road 81.
Last spring, the FOX 9 Investigators toured Grand Rios after numerous complaints from customers about its leaking roof and moldy rooms.
CarMax, headquartered in Virginia, says it buys and sells used automobiles at low cost. Its sales philosophy is centered around no hassles and no haggling on prices.