Update 1/9/17 – GYS has added a second self-storage project to its activity in Fort Collins. The company recently closed on a property at 2120 Midpoint Drive and 1615 Specht Point Road and expects to break ground on Timberline Self Storage this month. The facility will be built by Grow Your Storage General Contracting LLC and comprise 88,500 square feet of climate-controlled and drive-up storage space in phase one, according to a press release. The asset is expected to open this summer.

January 9, 2017

2 Min Read
Grow Your Storage Pursues 2 Mixed-Use Self-Storage Developments in Fort Collins, CO

Update 1/9/17 – GYS has added a second self-storage project to its activity in Fort Collins. The company recently closed on a property at 2120 Midpoint Drive and 1615 Specht Point Road and expects to break ground on Timberline Self Storage this month. The facility will be built by Grow Your Storage General Contracting LLC and comprise 88,500 square feet of climate-controlled and drive-up storage space in phase one, according to a press release. The asset is expected to open this summer.

The facility will feature access control, onsite management and security. It will be operated by GYS partners Denise Bowley, Lee Fredrick and Brandon Grebe. The project is in partnership with investment firm All Pro Capital Inc., which secured the debt and equity for the project, the release stated.

Timberline is approximately 6.5 miles from the previously announced College Ave. building site. A two-story flex-office building has been approved for phase two of the development, the release stated.

10/7/16 – Grow Your Storage LLC (GYS), a construction, development and property-management firm, is developing a mixed-use project in Fort Collins, Colo., that will include apartments and self-storage. The site at 6020 S. College Ave. is a vacant 12-acre field on the southwest corner of Skyway Drive and South College Avenue. Preliminary plans filed with the city show the storage units will front College Avenue, with the apartments built to the west, according to the source. Access to the storage property would be off Skyway Drive.

The proposal, submitted by GYS partner Brandon Grebe, has passed a preliminary review by the city planning department and a neighborhood meeting. Although the initial drawings show more than a dozen storage buildings and four residential structures, the number of each has yet to be determined. "We are still evaluating what that looks like," said Grebe, adding the apartments will help the project blend with the neighborhood. "We wanted to respect that use."

The facility will include some climate-controlled units and higher-end finishes. "A class-A self-storage facility makes sense to us there, so it meets the compatibility of the trade area,” Grebe said, who’s also working with city staff on plans for a detention pond near the front of the site, which is considered wetlands.

The formal plans for the project have yet to be submitted. "Nothing is in stone at this juncture," Grebe said. "We are truly evaluating really what the market will dictate as far as residential uses."       

GYS is a fully integrated self-storage firm that offers development and entitlement services, construction design and management, and property management in Colorado and Texas. The company has an additional project under development in Fort Collins and another in Fountain, Colo.

Sources:

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