Australian entrepreneurs Tim Manson and Byron Smith are set to build their first XSpace self-storage facility in Austin, Texas, featuring customizable condominium units and high-end amenities, including a 3,000-square-foot owner’s lounge. The four-story, 90,000-square-foot building will offer 106 units, which start at 300 square feet. The $20 million project at 4229 N FM 620 is scheduled to break ground by yearend, according to a press release.

The project will include a floor for reserved for customizable space. General features will include:

The owner’s lounge, envisioned as an event and meeting space, will be fully furnished and include high-end electronics, a commercial-grade kitchen and panoramic views of Lake Travis and the Texas Hill Country, the release stated. The business will target homeowners buying property in the area who may also want to acquire high-end storage space for cars, boats, RVs, artwork and other collectibles.

Manson will serve as managing director and Smith as director. The Australian partners were inspired by Smith’s passion for racing and Manson’s family self-storage business back home in Sydney, according to the release.

Kingham Dalton Wilson Ltd. (KDW), a Houston-based, full-service design/build firm, has been hired to design and construct the facility. "XSpace will certainly be one of the most innovative projects in our portfolio," said Keith Dalton, president of KDW. "We're looking forward to taking it from concept to reality."

Sources:
XSpace, Website
PR Newswire, XSpace Announces KDW Will Serve as Contractor for $20 Million Storage Condominium Development Near Lake Travis