Self Storage @ Centerra, a $5 million, 780-unit self-storage project deemed "upscale" by its developers, is slated for construction at the Centerra mixed-use retail, office and residential complex in Loveland, Colo. The recent $1.4 million sale of 8 acres at E. 37th Street and Rocky Mountain Avenue from developer and realtor McWhinney to Fort Collins, Colo.-based GreenTree Enterprises cleared the way for project planning to continue.

March 5, 2012

2 Min Read
Self-Storage Planned in Upscale Mixed-Use Area in Loveland, Colo.

Self Storage @ Centerra, a $5 million, 780-unit self-storage project deemed "upscale" by its developers, is slated for construction at the Centerra mixed-use retail, office and residential complex in Loveland, Colo. The recent $1.4 million sale of 8 acres at E. 37th Street and Rocky Mountain Avenue from developer and realtor McWhinney to Fort Collins, Colo.-based GreenTree Enterprises cleared the way for project planning to continue.

Ron Kuehl, McWhinney vice president of real estate, told the source construction on the 13 buildings is scheduled to start this month. Tom Beshore of GreenTree said leasing on the units will be available in June, and all construction should be completed in October.

The project has not been granted approval from the city, but the developers point to the facility's aesthetically pleasing design as helpful in getting support.

Beshore said the facility buildings won't look like the typical self-storage. They have pitched roofs, cupolas on them." The buildings will be constructed of decorative block and surrounded by decorative fencing and a locking gate. "It'll have a lot of curb appeal to it. That's kind of the mandate within Centerra," Beshore said.

Three climate-controlled buildings will house about 310 of the units, with the storage accessible from interior hallways, Beshore said. The units will be kept between 55 degrees and the low 80s.

One 12,000-square-foot building will be designed for commercial document storage. Beshore said access to those units will be allowed only in the presence of an employee. The rest of the units will be traditional self-storage. Beshore said the company will target commercial users, and rent will start at $60 a month and go up to $450. No outside vehicle storage will be available.

Sources:

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