
A Carvana car vending machine that opened last month in Denver. Photo: Hyoung Chang/The Denver Post via Getty Images
Carvana's expensive car vending machine project near Polaris appears to be stuck on the ground floor.
Details: The online used car dealership's plan calls for building a new sales facility with a 75-foot car vending machine on-site.
- Carvana operates about 35 of these transparent towers ā including one in Warrensville, near Cleveland ā for customers to pick up their cars after buying them online.
- The company bought the former Magic Mountain Fun Center site off I-71 for $6.25 million last March, Delaware County auditor's records show.
State of play: Fifteen months after first announcing the plans, the vending machine still isn't built and Carvana is struggling just to stay afloat.
- The company lost nearly all of its stock value last year and cut thousands of jobs.
Yes, but: Construction is still happening elsewhere, as Colorado's first Carvana vending machine opened in February.
What they're saying: "We don't have any information to share at the moment," Carvana spokesperson Veronica Cardenas tells Axios, "but we'll be sure to follow up when the time comes."

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