Fort Wayne, IN, to Get Several Self-Storage Complexes

A 2.3-mile stretch of Stellhorn Road in Northeast Fort Wayne, Ind., may soon contain four self-storage complexes. In addition to a $5 million facility proposed by Fort Wayne Self Storage LLC, StorAmerica LLC has started site work on a 50,000-square-foot facility expected to cost more than $1 million, and two more proposed sites will cover more than 110,000 square feet. If all four projects are built, fierce competition could ensue.
 
Local senior-housing developer Yellow Retirement LLC also wants to get in on the action, with plans to invest $1.5 million in a 36,600-square-foot self-storage facility for its tenants. The Fort Wayne Plan Commission is scheduled to hold hearings on that project and Fort Wayne Self Storage’s proposed facilities next month. Other nearby storage projects already have zoning approval.
 
Fort Wayne Self Storage has three other Allen County locations, including one that opened last month on Thomas Road, according to Kyle Zimmerman, general manager and part owner.
 
Source: Fort Wayne JournalGazette.net, Surge in self-storage: Developers to fill void on Stellhorn with 4 sites