A six-story, 131,700-square-foot 1,100-unit Life Storage building has been proposed for 33 E. Woodlawn St. in the Germantown neighborhood of Philadelphia, PA. That site, owned by the Philadelphia Suburban Development Corp., currently is a parking lot. JSF Management is developing the property. LifeStorage, based in Buffalo, NY, has 750-plus locations nationwide.
Source: Philadelphia Business Journal
Planned
City officials seek a zoning change in Elk River, MN. If approved, it would lead to owner Keith Burnham building an Affordable Storage facility at the former Max-Sun/Sportech building at 11074 179th Ave. NW. Burnham plans to build a 500-unit, indoor climate-controlled structure at the site. Source: Star News
Larry Koland hopes to bring the Rosemount Car Club, in the form of private garage condominiums, to the Rosemount Business Park this summer in Minnesota. It’s designed for those who own classic cars or exotic vehicles, or have other hobbies that require 650 to 1,000 square feet. The facility will have about 76 condos in three buildings, plus a community clubhouse. The Rosemount City Council will discuss the proposal at its next meeting. Source: SUN This Week
A three-story, climate-controlled self-storage facility is planned for north Boca Raton, FL. Manley Storage Ventures, Rosemurgy Properties and Sentry Self Storage plan to put up the 128,635-square-foot building on 3.5 acres on Federal Highway. Manley Storage Ventures has been developing principal and managing partner for about 60 self-storage sites totaling 4.8 million square feet, according to a press release. Rosemurgy Properties is a commercial real estate development, investment and management firm whose specialties include self-storage. Sentry Self-Storage manages more than 25 properties. Source: The Real Deal
Completed
SecureSpace Self Storage opened a new facility at 1518 S. Washington Ave. in Piscataway, NJ. It has 122,000 square feet and climate-controlled units. Source: Yahoo! Finance
Moratorium
Clarkston, GA, has approved a six-month moratorium on new self-storage facilities, gas stations and dollar stores. Officials plan to rewrite the city’s zoning code and be strategic about the allocation of available space, according to Councilwoman Y.T. Bell. The city, which is just two square miles, currently has three mini-warehouses or self-storage facilities, seven gas stations and three dollar stores. Source: Atlanta Journal Constitution
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