Developer Miami City Self Storage seeks approval to build a 100,000-square-foot self-storage facility at 18460 Pines Boulevard in Pembroke Pines, FL. The 2.85 acre site is owned by the city and will be sold to the developer if the project is approved, according to the South Florida Business Journal. The planning and zoning board is set to vote on the proposed three-story facility on November 18. Miami City plans to build up to 10 facilities in the market.
Also in South Florida, Safeguard Self Storage has submitted a development application to build a 101,630-square-foot self-storage facility at 11459 NW 7th Avenue.
A deal has been struck for Parkway Lanes bowling alley in Elmwood Park, NJ to be sold to The Alan Mruvka Co., operator of Storage Blue self-storage. A bankruptcy judge approved the proposed sale of the property at 200 US-46 to Storage Blue for $3.875 million. The bowling alley operator, MCD Sports, will use a portion of the proceeds to pay creditors, according to NorthJersey.com. Storage Blue plans to convert the property into a storage facility. The sale is scheduled to take place next May, after the alley holds its final bowling league season.
The developer of a self-storage facility combined with a craft brewery received approval from the Fort Collins planning board this week. Developer Stan Scott plans to break ground in March. The project will include more than 7,000-square-feet of space for a still to be chosen craft brewer and about 103,000-square-feet of self-storage space.
White Plains, NY-based Highland Development Ventures has added a third project to its pipeline of self-storage development in Milwaukee, WI. Highland will start work on the $10 million project at 4623 W. Lisbon Avenue in the spring of 2016. A vacant bank building currently occupies the site. The company currently has two facilities under construction in the market, at 532 E. Capitol Drive and 7440 N. 76th St. Highland plans to develop up to eight self-storage facilities in the area, according to the Milwaukee Business Journal.
U-Haul plans to convert a mid-century industrial building in Bangor, Maine into a self-storage facility. The building, at 415 Odlin Road, was originally a Caterpillar dealer and later home to the Bacon Printing Company. U-Haul plans to build out a total of 630 storage units. 300 units will be built in the existing building, with the remainder to comprise a new building slated to start construction in 2016. The new building will also feature warehouse space for more than 200 U-Box containers.
Developer Corey Seitz is building a 31,718-square-foot storage facility in Fort Collins, CO at 1640 Riverside Avenue. The facility is scheduled to open in the spring of 2016, according to the Coloradoan. The project will offer more than 200-units.
Developers have completed construction of a new facility at 295 E. Ocotillo Road in Chandler, AZ. The 57,700-square-foot Dominion Self-Storage facility offers 505 units. The project was developed by Scottsdale-based Dominion Group. It is managed by Phoenix-based 180 Self-Storage LLC.