Advantage Self Storage Advisors Gets Approval for New Facility in Flower Mound, TX
Advantage Self Storage Advisors, which operates 15 facilities in Texas, received approval to build a new property in Flower Mound, Texas. Earlier this month, the planning and zoning commission recommended the town council support an amendment to allow self-storage on the site in the Lakeside Business District, a large-scale commercial and light-industrial park.
March 24, 2016
Update 3/24/16 – The city council approved the Advantage Advisors rezoning request on Monday. The amendment to the planned development district standards for Lakeside Ranch Business Park will now include “mini-warehouse” as a land use through a special-use permit.
3/17/16 – Advantage Self Storage Advisors, which operates 15 facilities in Texas, is seeking approval to build a new property in Flower Mound, Texas. The planning and zoning commission this week recommended the town council support an amendment to allow self-storage on the site in the Lakeside Business District, a large-scale commercial and light-industrial park.
Advantage has a tract under contract at the northeast intersection of Gerault Road and Lakeside Parkway. The storage facility would be built on 2.1 acres of the land and include 650 units, according to Rick Jones, founder and president.
Most of the adjacent property owners support the project, Jones told the board. Only one person has opposed it, citing traffic concerns. He assured board members the facility would have minimal traffic. “Maybe 50 cars per day. This will give the community an opportunity for self-storage,” he said.
The property’s design will blend with the existing area, Jones said. Comparable facilities exist in similar areas, including Craig Ranch, a master-planned community in McKinney, Texas, and The Shops at Legacy, a shopping mall in Plano, Texas, according to the source.
Flower Mound has one existing storage facility and a second under construction. Both are near Farm to Market Road 407.
Advantage Storage developed its first facility in Sherman, Texas, in 1996. To date, the company has acquired, developed, managed and sold more than 30 facilities comprising more than 15,000 storage units and 2 million square feet of rentable space. Its management arm is Advantage Self Storage Property Management LLC.
Sources:
The Cross Timbers Gazette: Council OK’s Farmer’s Market, Charter Review and Self-Storage
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