Park Place Dealerships announced Thursday plans to build a two-story, 70,000-square-foot Porsche dealership in Grapevine. The five-acre site is located off of Texan Trail and SH 114 near Park Place Motorcars and Park Place Lexus. The project, which is expected to start construction within the next 30 days, will be completed by spring 2018 and will create more than 180 construction jobs and approximately 50 permanent jobs. “Porsche has a long and renowned history with a loyal customer base that continues to expand,” said Ken Schnitzer, chairman of Park Place Dealerships. “Porsche sales in the United States were up 6 percent in 2016 over 2015. There is great strength in the iconic brand, and northeast Tarrant County is a prime location for continued growth.” Park Place Porsche Grapevine will be the fourth dealership in Grapevine for the company. Park Place Lexus opened in 2000, followed by Park Place Motorcars in 2011, which relocated from Bedford. Park Place will open a two-story Land Rover Jaguar dealership July 1. Park Place Porsche Grapevine will be one of nine dealerships in the nation built around the new Porsche prototype. The multi-million dollar project also will feature a shop with 28-service and make-ready bays. Park Place Porsche will have the capacity to feature 21 display vehicles on the showroom floors, including two classic display vehicles in a Porsche Classic Car Center.