June 5, 2018

1 Min Read
Northpoint Development Pursues 4-Story Self-Storage Project in Des Plaines, IL

NorthPoint Development has applied to rezone the site of a former Chevrolet car dealership in Des Plaines, Ill., to build a four-story self-storage facility. The developer is proposing a Beyond Self Storage location for the south side of Miner Street, between Campground Road and Busse Highway, near the Des Plaines River. The planning and zoning board will discuss changing the site from commercial to general manufacturing on June 12, according to the source.

The property was home to various car dealers for decades, beginning in 1950. Flood damage led to the demolition of the last showroom about 15 years ago, the source reported.

NorthPoint recently opened a facility in Maplewood, Minn. It launched its multi-facility development initiative in February 2016. The company also operates two Beyond Self Storage facilities in Chesterfield and McCausland, Mo., and Joco Self Storage in Overland Park, Kan.

Based in Riverside, Mo., and founded in 2012, NorthPoint is a development, management and leasing firm that’s principally focused on the industrial, multi-family, senior living and self-storage markets in the Central United States. The company has $2.1 billion in raised capital and operates 28 million square feet of industrial properties, thousands of multi-family apartment units, and numerous developed or managed senior-living communities.

Source:
Journal & Topics, Self-Storage Proposed for Former Car Dealership Site

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