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Public Storage, a self-storage real estate investment trust (REIT), hopes to expand its self-storage complex in South Lake Union, Seattle.
August 19, 2010
1 Min Read
Public Storage, a self-storage real estate investment trust (REIT), hopes to expand its self-storage complex in South Lake Union, Seattle.
Public Storage recently filed the preliminary paperwork with Seattle planning officials for the addition of a five-story building. The new proposed building would be located just south of the REIT’s historic five-story brick warehouse, which was built in 1914 as a Ford auto plant. A newer, shorter building currently on the property would be demolished.
The city’s Queen Anne/Magnolia Design Review Board will consider the plan at a Sept. 1 meeting. The development will also require approval from the city’s Landmarks Preservation Board because the site is a designated historic landmark.
Source: The Seattle Times, Public Storage Wants to Expand at South Lake Union Complex
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