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Self-Storage Development and Zoning Activity: October 2019

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 October 2019.

The joint venture between commercial real estate companies ADEVCO Corp. and Batson-Cook Development Co. (BCDC) will build a pair of three-story, climate-controlled self-storage facilities in Columbus, Ga., and Vestavia Hills, Ala. The Columbus facility will be built on 2.76 acres at 7350 Blackmon Road. It’ll comprise 100,080 square feet in 780 units. Construction is expected to be complete next summer. The Vestavia Hills facility will be developed on 2.57 acres at 2864 Acton Road. It’ll comprise 100,050 square feet in 732 units. It’s scheduled to open in September. Both properties will be operated by real estate investment trust (REIT) and third-party management company Extra Space Storage Inc. and branded under its name. The projects follow the joint venture’s first development in Dunwoody, Ga., announced in March.

All Safe Self Storage opened a new facility in Summerville, S.C. The property at 1080 Orangeburg Road comprises more than 55,000 net rentable square feet in 516 units. It also offers 20- and 40-foot vehicle-storage spaces. Though the facility opened Aug. 8, All Safe will host a ribbon-cutting ceremony on Nov. 5. Guests will receive complimentary hors d’oeuvres, refreshments and goodie bags. The event will be hosted by Irene Pace, resident manager, and Lou Barnholdt, area manager for Universal Storage Group, an Atlanta-based self-storage operator and third-party management firm that oversees the facility. The Summerville property is the fourth location for All Safe, which is owned by Everett Knight.

U.K. self-storage operator Big Yellow Group PLC, which operates the Big Yellow and Armadillo Self Storage brands, received approval from the planning commission to convert the former Harwoods Jaguar car dealership in Hove, England, to a mixed-use property that’ll include office suites and self-storage. Plans include demolishing the existing buildings on the acre lot at 27 Old Shoreham Road and building a three-story self-storage facility comprising 55,500 square feet of net rentable area, including 4,700 square feet of flexible office space. The company will be required to spend £5,200 toward bus-stop improvements on Old Shoreham Road. Because the site is currently occupied, construction will commence in about a year and is expected to be complete in 2022. Big Yellow Group operates 100 self-storage locations in the United Kingdom, with most concentrated in Greater London and Southeast England. Its total portfolio comprises 5.7 million square feet.

Real estate development firm Bright-Meyers-Sasser Storage 1 LLC (BMS) opened a newly constructed self-storage facility in Canton, Ga. Canton Storage comprises 66,608 rentable square feet in 583 units. The property at 150 Reinhardt College Parkway is near Chattahoochee Technical College, Teasley Middle School and Riverstone Village, a medical-office center. Property-management firm Absolute Storage Management will manage the site. The facility opened on April 29.

Real estate investment firm Flagship Cos. Group purchased 6.44 acres in DeLand, Fla., for $762,500 on which it plans to build a mixed-use project including flex space and self-storage. Plans for the property at the intersection of South Adelle Avenue and South State Road 15A include climate-controlled storage and outdoor vehicle storage. It’ll also contain “maker-style” spaces that consist of five retail areas for lease to local artisans. Flagship has requested the site be annexed from the county by the city so the project can be built under city regulations, a source reported. Once complete, it’ll be managed by Extra Space and branded under its name. The landowners, Norman and Victoria Todd, were represented in the sale by Steve Costa, principal of NAI Realvest | Charles Wayne Commercial. Based in Lake Mary, Fla., Flagship specializes in hotels, master-planned communities, restaurants, self-storage and studio salons. It develops and operates self-storage facilities throughout Florida.

Lighthouse Storage, which operates two self-storage facilities in Indiana, opened its first Kentucky location at 264 Highway 44 W. in Shepherdsville. The company recently held a ribbon-cutting ceremony to celebrate the opening. Lighthouse is developing a new site in Boonville, Ind., and another in Henderson, Ky. Both are expected to open within a year, according to a press release.

Mini Price Storage, which operates 26 facilities in Virginia, opened a new location at 409 Herberts Lane in Chesapeake, Va. Founded more than 30 years ago, Mini Price serves the communities of Chesapeake, Chesterfield County, Henrico County, Norfolk, Richmond and Virginia Beach.

Northpoint Development, which operates the Beyond Self Storage (BSS) brand, broke ground in September on a new facility in the Oakley neighborhood of Cincinnati. The facility will comprise more than 139,000 square feet in 980 units. It’s being developed on 3.5 acres just west of Oakley Station, a 74-acre mixed-use development. Construction is expected to be complete in September. Affiliate BSS Oakley LLC acquired the property for $2.75 million. BSS operates 15 facilities in nine states.

Oakland Lakes Boulevard LLC, an affiliate of Delray Beach, Fla.-based real estate developer The Pugliese Co., intends to build a self-storage project on a 2.53-acre vacant site in Oakland Park, Fla. The facility at 2203 W. Oakland Park Blvd. would comprise 110,050 square feet in two, three-story buildings and 16 parking spaces. The planning and zoning board was expected to discuss the site’s rezoning and conditional-use applications on Oct. 7. Zoning would have to change from a community business district to commercial-industrial for the plan to move forward. Pugliese acquired the property in 2016 for $660,000.

The discussion about a self-storage project in Frazer Township, Pa., has been continued to Nov. 5 to allow the developers, Sam and Rachel Sack, time to address concerns from township officials and community members. Plans for Frazer Self Storage call for a four-building, 70-unit facility along Peachtree Lane off Butler-Logan Road. Prior to the Oct. 1 meeting, the Sacks were asked to address 25 concerns from township engineer Dan Martone. These included facility lighting, road maintenance, grading and stormwater management, a source reported. Officials also requested time to review the adjusted site plan resented at the October meeting. The planning commission offered tentative approval in September as long as Martone’s concerns were met.

Safeguard Self Storage, which operates 75 facilities throughout the eastern states, met with members of the Seminole Heights neighborhood of Tampa, Fla., to discuss a project residents have petitioned the city to block. Safeguard intends to replace two existing structures at 1101 and 1115 East Hillsborough Ave. with a pair of three-story buildings comprising up to 750 units. Residents are concerned about a potential increase in traffic, facility design, and the addition of another self-storage facility in proximity to other similar businesses. The parties discussed the possibility of Safeguard donating units to neighborhood associations as well as dedicating a portion of the property as community space, according to Stan Lasater, president of the Southeast Seminole Heights Civic Association. The city council was expected to address the operator’s rezoning request during a public hearing on Oct. 10.

Developer Len Shivers received approval from the Lake County Board of County Commissioners to build a self-storage facility in Leadville, Colo., that’ll include outdoor vehicle storage. The facility will be built on the former Mt. Elbert Mobile Home Park at 11567 U.S. Route 24. Once complete, it’ll include 38,700 square feet of storage and 96 gravel-paved vehicle-storage spaces. The Lake County Planning Commission originally recommended in May that the board of commissioners deny Shivers’ application due to concerns about the project’s visual impact on the valley floor. Shivers withdrew the application and resubmitted it with changes, which included a reduction of vehicle-parking spaces by two-thirds and land that would be developed into storage by one-third. Additional changes included the addition of roof pitches to the buildings to block views of the internal structures. Shivers also agreed to add a decorative fence around the facility and meet standards for dark-sky compliance.

Tucson Realty and Trust Co. received zoning approval on Sept. 18 to build a mixed-use project that’ll include executive office suites and self-storage in Oro Valley, a suburb of Tucson, Ariz. Councilmembers Joyce Jones-Ivey, Rhonda Piña, Bill Rodman and Steve Solomon voted in favor of the project, while Mayor Joe Winfield and councilmembers Melanie Barrett and Josh Nicolson opposed it. Plans for the 5.7 acres near North Oracle Road and West Calle Concordia include a 115,000-square-foot, two-story self-storage facility comprising 1,000 units. It’ll also contain 13 executive office suites on both levels. Most of a nearby wash and 48 percent of the parcel’s open space will be preserved. Tucson Realty and Trust CEO Hank Amos and local planning firm The Planning Center expect the structure to cost $13 million, which would create about $500,000 in construction-tax revenue for the town.

Phoenix-based U-Haul International Inc., which operates more than 1,500 self-storage facilities across North America and frequently recycles existing structures for its new locations, converted a former Kmart in Decatur, Ill. The facility at 1155 E. Pershing Road comprises 119,862 square feet in 900 units. The company has offered truck and trailer rentals, moving supplies and towing equipment through a temporary showroom at the property since July 2018. A grand-opening event will be held at the site on Oct. 12. The Kmart closed in 2016.

U-Haul is also converting a former Kmart in Galesburg, Ill., into a moving and self-storage center. The retail space was part of the Sandburg Mall. It comprises 105,909 square feet 7.8 acres at 1150 W. Carl Sandburg Drive. The company has been offering truck rentals, moving supplies and portable-storage services through a temporary showroom since Aug. 20. The self-storage portion of the project is expected to be complete early next year.

In addition, U-Haul received approval from the Bluefield, W.Va., Planning Board on a zoning change that will allow the company to convert a former Kmart at the intersection of Cumberland Road and U.S. Route 460 to a moving and self-storage center. The facility is expected to open with about 250 storage units, with phased plans targeting up to 750 units. Established in 1945 and based in Phoenix, U-Haul’s portfolio of owned and managed properties comprises 60.7 million square feet of storage space.

Sources:
Brighton and Hove News, Big Yellow Plans to Convert Car Dealership into Storage Depot
The Argus, Objections to New Three-Storey Building
The West Volusia Beacon, Lake Mary Company Plans Mixed-Use Facility in Deland
Digital Journal, Mini Price Storage Announces Opening of a New Self Storage Center in Chesapeake, Virginia
Tucson Local Media, Council Approves New Self-Storage and Executive Offices on Oracle Road
Trib Live, Frazer Supervisors Considering Approval of Self-Storage Business Off Butler-Logan Road
Herald Democrat, RV Storage Facility Approved for Location on U.S. 24
Bluefield Daily Telegraph, Bluefield City Board Approves U-Haul Building Changes
Bluefield Daily Telegraph, Bluefield Planning Commission Approves New U-Haul Facility Plans
Cincinnati Business Courier, Huge Self-Storage Facility Under Construction in Oakley
Fox 13, Seminole Heights Residents Petition City to Block New Self Storage Facility
Shares Magazine, Big Yellow Gets Planning Permission for Store in Hove, to Start Construction in 2020
Insider Media, Green Light for Big Yellow in Hove Newswire, Adaptive Reuse: Sandburg Mall Kmart Becoming U-Haul Self-Storage
PR Newswire, Grand Opening: U-Haul of Decatur Offers 900 Self-Storage Units
South Florida Business Journal, Site in Broward County Could Be Rezoned for Three-Story Project

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