Property owner Summerwalk Yelm LLC has submitted an application to develop 600 self-storage units, small retail shops and some restaurants along a 9-acre parcel in Summerwalk, a pedestrian-friendly village community in Lacey, Wash. As the request amends the development’s master plan, it requires approval by the City Council. A decision is expected by the end of the year.
Since the village center received master-plan approval in 1997, it has been slowly developed with homes and townhomes. Although it is slated for some commercial development, past requests have been denied. Mark Hall, CEO of Summerwalk Yelm, says there’s a demand for storage units in the area, and the project can serve as a transitional buffer between the residences and commercial/retail uses along the thoroughfare.
Hall has also proposed the construction of a 1,500-square-foot community center to serve residents.
Summerwalk Yelm is managed by Hall Equities Group, a development and property-management company based in Walnut Creek, Calif.
Source:The News Tribune, Self-storage for Summerwalk?