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Self-Storage Development and Zoning Activity: May 2022

The global self-storage development pipeline continues to be extremely dynamic. Inside Self-Storage regularly covers new projects being planned and approved as well as zoning and other municipal issues. Following is activity taking place in May 2022.

Geeleher Enterprises Inc., a site contractor and heavy-equipment excavation company, is seeking zoning approval and a special-use permit to build a self-storage facility in Westfield, Massachusetts. The project would contain four buildings comprising 35,800 square feet on North Road, near Southampton Road. It would be built on 1.6 acres of a 19.5-acre wooded parcel, of which 6.5 acres are considered wetlands. Some residents oppose the project, claiming the land is protected by the water-resource district zoning, which prohibits self-storage. The proposal was discussed during a May 2 public hearing. It’ll also need approval from the Massachusetts Association of Conservation Commissions.

Highland Development Ventures LLC is building a self-storage facility in Manahawkin, New York. The property at 465 S. Main St. will comprise 88,275 rentable square feet in 868 units. Once complete, it’ll be managed by self-storage real estate investment trust Extra Space Storage Inc. and branded under its name. Originally expected to open in late 2021, the project was hindered by supply-chain delays for materials and equipment. It’s now slated to open this month. Highland offers real estate development, engineering, investment and management services.

Peak Management LLC intends to develop a YourSpace Storage facility in Milton, Delaware. The three-story project along Route 16 near Union Street Extended will require a special-use permit. During a concept-review meeting with planners, officials expressed concerns about buffering between the storage facility and neighboring properties as well as how much parking would be required. One estimate projected 250 required parking spaces when the structure was compared to a warehouse, but town solicitor Seth Thompson indicated the commission could determine their own figure based on the number of employees and size of the storage units. Based in Nottingham, Md., Peak is a full-service property-management company that specializes in the development, construction, management and ownership of multi-family and self-storage properties. YourSpace operates nine locations in Maryland.

The Upson County, Georgia, Planning Commission approved a zoning request from Linda Riggins for a 7.88-acre property on Knight Trail. Riggins purchased the site, which extends from State Route 74 to Trice Road, in October. Plans include the construction of two self-storage structures.

Roberts & Hatchett Investments is developing a single-story self-storage facility in Longview, Texas, on the 3-acre site that once housed the American Dream Inn, which was demolished in 2019. Construction on Platinum Self Storage at 2015 E. Marshall Ave. will begin this summer. It’ll be built in two phases, with 46,000 square feet in the first, and 23,000 in the second. Based in Kilgore, Texas, Roberts & Hatchett also operates Platinum Self Storage at 4851 Estes Parkway in the city.

SAFStor Inc. received planning-board approval to develop a self-storage facility on 3.5 acres in Washington Township, New Jersey. The three-story structure on Fries Mill Road will comprise 105,000 square feet and be built next to a Verchio’s Produce store. It’ll be managed by REIT Life Storage Inc. and branded under its name. Property-line adjustments were made as part of the project, with Verchio’s receiving two small parcels comprising 1.2 acres adjacent to its site. Based in Daytona Beach, Florida, SAFStor develops and owns self-storage primarily in the mid-Atlantic and Southeast, including Texas.

Shurgard Self Storage Europe SARL, the European affiliate of U.S.-based REIT Public Storage Inc., is seeking approval to convert a building in Randstad, The Netherlands, to self-storage. The company signed a long-term lease agreement for a structure and expects to obtain planning permission in the coming months, according to a press release. Slated to open in early 2023, the facility will contain 43,055 square feet in 550 units. Shurgard has three projects underway in the Randstad region.

Shurgard also purchased a building northeast of Utrecht, The Netherlands, for a self-storage conversion. Expected to open next year, it’ll offer 33,368 square feet in 450 units. Shurgard operates 61 facilities in The Netherlands. Its portfolio includes 256 self-storage properties comprising 1.2 million net rentable square meters in Belgium, Denmark, France, Germany, The Netherlands, Sweden and the United Kingdom.

Surf City Storage LLC is building a facility in Hampstead, North Carolina, on 5.17 acres near the intersection of North Carolina Highway 210 and U.S. Route 17. Surf City Storage will comprise 80,000 square feet. The family-owned investment group also built and operates Hampstead Self Storage in the city. Plans for a satellite location near Williams Store Road are underway.

Phoenix-based U-Haul International Inc. is converting a former Kmart store in Morton, Illinois, to self-storage. The 95,520-square-foot building at 1075 W. Jackson St. will offer 750 climate-controlled units in addition to truck rentals, retail products and other services. The project is expected to be complete by year end. Some rental and retail services are currently operating from a temporary showroom. Established in 1945, U-Haul owns and manages more than 73.6 million square feet of storage space in North America.

Vandwell Developments is seeking approval to tear down a home and build a three-story self-storage facility in its place in Vancouver, British Columbia. The property at 1802 Franklin St. in the Grandview-Woodland neighborhood contains a seven-bedroom house that was built in 1939. It sold in 2021 for $2.7 million. Vandwell is a real estate developer based in Vancouver.

A proposed self-storage facility in Canton Township, Michigan, was recommended for approval by the planning commission. The three-building project at 4985 Research Drive received special land-use approval earlier this year. The application will now go before the board of trustees for final review.

Sources:
42Freeway, Life Storage Brand Storage Facility Approved for Fries Mill Rd Washington Township Next to Verchio’s
Cape Gazette, Developer Presents Concept Plans for Milton Storage Facility
Hometown Life, Mini-Storage Facility Planned Along Michigan Avenue in Canton
Longview News-Journal, Self-Storage Facility Planned for Site for Former American Dream Inn in Longview
Mass Live, Westfield Neighbors Air Wildlife, Lighting Concerns About North Road Storage Unit Plan
Mass Live, Westfield North Side Residents Speak Against Plans for Self-Storage by Arm Brook
PR Newswire, Adaptive Reuse: U-Haul Shares Vision for Converting Vacant Kmart in Morton
Sandpaper, Extra Space Self-Storage Going Up in Stafford Township
Star News Online, Too Much Stuff Piling Up in Hampstead? A New Storage Facility Could Help
Straight, Plan to Replace Vancouver Home With Storage Building Cites Need Due To ‘Small Sizes of New Apartments’
Upson Beacon, Planning Commission OKs Self-Storage on Knight Trail

TAGS: News Zoning
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