The planning commission in Bristol, TN, approved a special-use permit that enables U-Haul to rework a former Kmart property for indoor and outdoor self-storage, plus truck rentals. It would have 65,000 square feet and about 750 to 800 climate-controlled indoor storage units.
Steve Johnson and his company, Johnson Commercial Development, own the property. He has pursued a $1.7 million tax increment financing incentive from the city of Bristol. A study began in mid-July to decide if redevelopment of the Kmart could happen without a TIF, but it hasn’t been completed.
Source: Bristol Herald Courier
Community Self Storage expects to open at 23155 Morton Ranch Road, Katy, TX, in spring 2020. Source: Community Impact Newspaper
In Georgia, the Cumming City Council will vote at its Nov. 5 work session regarding a rezoning that would allow a mixed-use development that would include a 90,000-square-foot self-storage facility, 438 residential units, 75 single-family homes, 62 townhomes and 68,000 square feet of retail/flex. The project is called Mashburn Village, designed by Wakefield Beasley & Associates. Source: Forsyth County News
In Slinger, WI, My Choice Self Storage will add a temperature- and humidity-controlled storage building to Slinger Self-Storage, 2010 American Eagle Drive. Source: Washington County Insider
StorQuest opened two self-storage facilities in Oregon, one in Tigard (12800 SW Pacific Highway) and the other in Hillsboro (750 NE Cornelius Pass Road). Source: Connect commercial real estate