Northbrook, IL, self-storage developer Banner Storage Group is looking at converting a vacant movie theater in Chicago, IL, into a self-storage facility.
The theater and adjacent car wash, at 6385 N. McCormick Road, have been vacant for years. Cineplex Odeon Cinemas closed in 2005. A local Hebrew school purchased the property in 2008. The school had planned to build on the site but ended up choosing a different property.
According to DNAinfo Chicago, Rabbi Yitzchok Wolf, executive director of the Lubavitch Hebrew Day School, is in talks with Banner Storage Group to redevelop the property. Banner would tear down the old car wash and renovate the theater into a three-story storage facility, Wolf told DNAinfo.
John Nikolich, executive vice president at Banner, told DNAinfo that it was too early to provide further details.
Under construction
- Northwest Self Storage, a Clackamas, OR-based operator, is converting a former skating rink at 4395 S.E. Witch Hazel Road in Hillsboro, OR, into a self-storage facility. The operator bought the Skate World property Dec. 30 for $1.8 million, property records show. The skating rink had been open for 33 years before closing last June. Northwest Self Storage manages more than 70 facilities in Oregon and Washington. The company plans to open the facility in June 2015, according to the Hillsboro Tribune.
Northwest Self Storage is converting this former skating rink into a self-storage facility.
- Developer Robert Wheless will start construction early this spring on Vintage Self Storage in Houston, TX. The 106,200-square-foot facility will be at the corner of Vintage Preserve Parkway and Chasewood Park Drive within the Vintage Park development area. That area includes a variety of restaurants and retailers.
- Site work has begun at 1850 New York Ave. NE in Washington, DC, for construction of a self-storage facility. Alexandria, VA-based 1850 New York Avenue LLC bought the parcel last June for $6.9 million.
Planned
- Sandy Springs, GA-based Stein Investment Group obtained approval to build a 70,000-square-foot self-storage facility in Marietta, GA. The planned facility will be at Roswell Road near Robinson Road. Construction will start in the next few months, and the project will take a year to build, according to the Marietta Daily Journal.
Stein Investment Group is targeting a 2016 opening for this self-storage facility planned for Marietta, GA.
- Self-storage owners Jon and Chris Heard have purchased a former textile plant in Simpsonville, SC, for $1 million. The vacant building was most recently the home of Abundant Life Church of God. The 82,380-square-foot facility is on Highway 417 between Interstate 385 and Highway 14. The Heards own several self-storage facilities in South Carolina, according to Greenville Online. The new project will be called Simpsonville Self-Storage.
- Developer Bob Hutsenpiller obtained zoning to build a self-storage facility at 7686 Cincinnati-Dayton Road in West Chester Township, OH. The facility will be called Lakota Self Storage and offer about 63,000 square feet of storage.
Proposed
- U-Haul has applied for a zoning change that would allow conversion of a former Kmart at 3616 W. Kimberly Road in Davenport, IA, into a self-storage facility. Local planning commissioners are set to vote on the proposal March 17; the matter then will go before the Davenport City Council.
- Gilbertsville, PA-based GEG Investments is seeking permission to build a 272-unit self-storage facility at 1473 N. Charlotte St. in Lower Pottsgrove, PA. The 4.3-acre property was a used car dealership. The township’s zoning board is considering the developer’s rezoning application.
Completed
- A-1 Self Storage opened a facility in Alhambra, CA. The 105,033-square-foot facility, at 2300 Poplar Blvd., contains 744 units. The self-storage chain manages more than 40 facilities. A-1 Self Storage is a division of family-owned real estate development firm Caster Companies.
