Valscott Properties Builds Self-Storage in Kansas City, MO

Scott and Valerie Gayer, owners of Valscott Properties LLC, are developing Kansas Expwy Self Storage in Kansas City, Mo. Expected to open in March, the facility will be the couple’s third storage property in the state, according to the source.

The 4.6-acre site at 1031 S. Wabash Ave. is near the southwest corner of Grand Street and Kansas Expressway. The first phase will include six buildings comprising 28,000 square feet in 150 units. The second phase will add another seven buildings, some of which will be climate-controlled.

“We’ll let the market dictate the size of the units in the second phase from what we rent out in the first phase,” Scott Gayer said, adding that the city has granted occupancy as each building is finished. The project has taken several years to complete in the face of various challenges. Adding the utilities infrastructure, for example, posed an obstacle because it had to run through the adjacent Walgreens parking lot, Gayer said.

Designed by Derington Architects LLC, the facility is being built by Hambey Construction LLC. Additional companies involved in the project include Latifi Engineering, Miller Engineering PC and Pinnacle Design Consultants LLC. Springfield First Community Bank financed the $1.3 million construction loan, the source reported.

The Gayers acquired Downtown Storage in Springfield, Mo., in 2009 and Sunshine Storage in the same city in 2011. Valscott is based in Springfield, Mo. 

Source:
SBJ, From the Ground Up: Kansas Expway Self Storage, Phase I

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