Here’s hoping they get a “green” light.
The Village Board approved a master conceptual plan that includes a 127,000-square-foot Extra Space Storage facility at the southwest corner of 88th Avenue and Wilmot Road in Pleasant Prairie, WI. It would be at 9201 Wilmot Road. Prairie Holdings LLC owns the vacant property.
However, the proposed strong green color for the proposed facility had a little opposition.
“I’m not against this building at all but that color, right next to a high-end or relatively high-end residential area, is kind of … I wish they would tone it down a little,” said Michael Serpe, a Village Board member who also is chair of the Plan Commission. “Something a little more pleasing if possible.”
Bruno Haney, owner of the development company, pointed out that the color is close to the green in the village’s logo. Source: Kenosha News
Planned
Talonvest Capital Inc. negotiated a $29.6 million construction loan that will be used to develop a large Great Value Storage, an approximately 188,600-square-foot self-storage facility at 960 and 1000 Main St. in the Chinatown neighborhood of Los Angeles, CA. It will have 2,036 climate-controlled units on three floors and 53 covered parking spaces. The lender is an unnamed bank in Southern California. Talonvest is a boutique real estate firm that provides advisory services to commercial and self-storage real estate investors, owners and developers in the United States. Source: Talonvest Capital Inc.
The Gloversville, NY, Planning Board tabled any action regarding a special permit application for a proposed self-storage business, with 66 units, in a building on Harrison Street. This followed the city attorney’s recommendation, which raised questions about ownership of the property. The self-storage building would go next to the Fastenal building. Source: The Leader-Herald
In Virginia, the Charlottesville City Council approved, 4-1, a special-use permit for a four-story, 61,000-square-foot self-storage facility and 54-unit apartment building at River Road and Belleview Avenue. The units would be built into an incline along the latter. Source: The Daily Progress
Allied Storage is coming to a vacant plot of land in North Corvallis, OR. Challis Collman Grover LLC owns the property. The plot is zoned both mixed use employment (MUE) and Low Density Residential (LDR); the owners plan to change the full plot to MUE in order to build the facility. The development plan also calls for adding a new local road that would cut through the property, connecting NE Belvue Street with NE Jack London Street. The storage facility would take up about eight of the plot’s ten acres. Source: The Corvallis Advocate
A former Sears Outlet store of 93,000 square feet at Hazel Path Commons, 393 East Main St. in Hendersonville, TN, will be converted into a self-storage facility. It will be the fourth Middle Tennessee facility managed by Go Store It, an affiliate of the Madison Capitol Group. Go Store It already operates two facilities in Hendersonville and one in Mount Juliet. Source: Nashville Post
Norco of Boise, ID, would like to build a self-storage business as well as two multistory hotels and an office building at the northeast intersection of Eagle and Overland Roads in Ada County, ID. The development is called Eagle Commons. It would be west of Norco’s 86,000-square-foot Meridian showroom at 1303 S. Silverstone Way. Source: Idaho Statesman
A former bowling alley will become a self-storage facility on South Stewart Street in downtown Sonora, CA. The Sonora Planning Commission voted to allow self-storage facilities in limited manufacturing areas without a conditional-use permit. The Sonora City Council considers the project next. PWM Properties bought the former Sonora Family Bowl building for $375,000. The bowling alley, a 10,000-square-foot building, closed in 2010 after 50 years in business. Source: The Union Democrat
Baranof Holdings, managed by Andrew Aiken in Dallas, TX, has run into a roadblock in the form of parking spaces. The company wants to build a self-storage facility and retail in North Bay Village, FL, in the Miami area. Aiken has under contract a 1.93-acre site at 1850 Kennedy/79th Street Causeway. But that property includes 183 parking spaces for the Grandview Palace condo building. Aiken wants to build an eight-story, 142,530-square-foot Extra Space Storage facility with 4,000 square feet of ground-floor retail and 82 parking spaces on the first floor of its garage. He also wants to reduce the number of parking spaces for Grandview Palace from 1,119 to 1,057. The Village Planning and Zoning Board said no on Feb. 5. Next up: The Village Commission will consider Aiken’s proposal March 12. Source: South Florida Business Journal
Under construction
Another CubeSmart self storage facility is coming to the city, this one in the Waterside neighborhood. https://t.co/3tLs1WYVZz
— Stamford Advocate (@StamAdvocate) February 13, 2019
Fairfield Avenue Storage is building a CubeSmart self-storage facility at 432 Fairfield Ave. in the Waterside neighborhood of Westport, CT. It will have 30,000 square feet. Fairfield Avenue Storage bought the 1.14-acre lot last year for $2.9 million. Source: Westport News
The Plaza 15 Self Storage facility on Gick Road off the Northway is in the process of adding 537 units, owner Will Borchers said. The expansion will take up about 68,450 square feet. Source: Times Union
In Ohio, the new U-Haul Moving & Storage at the Bedford Automobile site has opened at 19000 Rockside Road, where U-Haul purchased a former Chevrolet dealership building of 109,634 square feet. The new facility now offers truck and trailer sharing, professional hitch installation and exterior self-storage. It eventually will offer more than 800 indoor self-storage units. Source: PR Newswire
Completed
Styx Cos. opened a new CubeSmart self-storage facility in Greenwood, SC. The company spent $2.75 million to redevelop a former Food Lion grocery store at 1508 Edgefield St., next to Greenwood’s Medical Innovation District. It has 300 storage units and 47,000 square feet. Source: Business Magazine Greenville
CubeSmart Self Storage Opening New Facility In Greenwood https://t.co/OV7XXmrAad
— Greenwood Partnership Alliance (@GwdAlliance) February 13, 2019
Benchmark Secured Storage of Hartland LLC opened a new self-storage facility, with five buildings and about 47,000 square feet, at 840 Rose Drive in Hartland, WI. It’s located near a commercial park and Wisconsin Highway 83. Doug Kafemann and Aaron Kahle are the owners. Source: Inside Self-Storage
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