AAA Self-Storage plans to construct a two-story, 76,312-square-foot facility on Lewisville-Clemmons Road in Clemmons, NC. It will be built along the east side of Lewisville-Clemmons, north of the Peace Haven Road intersection. The project includes approximately 400 units, a lobby and an office. Fourth Elm Construction is the general contractor. The project will begin in February or March. AAA has 18 existing Triad locations, including nine in Greensboro and five in High Point. Source: Triad Business Journal

Planned

Developer Jim Cherney of Cherney Development in Winston-Salem, NC hopes to open Fort Knox Drive-Thru Self Storage by year-end. He’s renovating the 92,000-square-foot former Kmart building at 3311 Riverside Drive, Danville, VA after purchasing it from The Daniel Group, a Danville business. The building closed in January 2018. Construction will begin in four or five months. Source: Danville Register & Bee 

A four-story self-storage business, to be operated by Extra Space Storage, is being sought for 400 Bercut Drive in the River District of Sacramento, CA (pictured above). The project includes 139,232 square feet of climate-controlled storage space, 1,841 square feet of office space and a 976-square-foot apartment for a manager. Banner NorCal Developer LLC is the project applicant. The site is the former home of a Grill Masters restaurant. Source: Sacramento Business Journal 

A three-story, 113,395-square-foot self-storage project has been proposed on a 3.33-acre site at the northeast corner of Jackson Avenue and Nutmeg Street in Murrieta, CA. An appeal hearing will be held before the Murrieta City Council on Feb. 2, as two residents have requested one after the Murrieta Planning Commission’s April 2019 decision to approve a development plan and conditional-use permit for the project.  Source: Patch.com

A self-storage facility called The Lock Up will be added as part of a $45 million to $50 million renovation of the 40-year-old Market Meadows shopping center at the northwest corner of 75th Street and Naper Boulevard in Naperville, IL. The Naperville Planning and Zoning Commission has approved it. Shorewood Development Group has the project and plans to preserve the retail shops that front the shopping center and place the self-storage site behind them. Source: Chicago Tribune

A climate-controlled self-storage facility is going into the Carolina Pottery site in the Factory Stores of America Outlet Center in Kingsport, TN. Larkspur Properties of Miami, FL, bought the outlet center from DPI Group of Fresno, CA, for $11 million in October. The Kingsport Board of Mayor and Aldermen approved rezoning of the outlet center to B-3 (highway-oriented businesses) so that it could allow self-storage. Larkspur Properties hopes to finish building the self-storage site by year-end. Source: TimesNews

Storage Place LLC has applied to the Planning Commission in Charlestown, RI to develop a self-storage facility at 5677 Post Road, on a 5-acre parcel. The project calls for six one-story buildings, which would house about 300 units. Source: thewesterlysun.com 

Completed

Storage Sense opened a self-storage facility at 865 Pantops Corner Way in Charlottesville, VA. It has 72,000 square feet as well as 658 climate-controlled units. Storage Asset Management manages the site. Kyle Bedinger and LandStriker Development put up the building. Source: CBS 119

Safeguard Self Storage opened a new facility Jan. 15 at 41 S. Union Ave. in Lansdowne, PA. It has 73,700 rentable square feet and 846 units, some climate-controlled. It’s the company’s first site in Delaware County, its eighth facility in the Philadelphia area and its 78th property nationwide. Source: Safeguard Self Storage

Overton Moore Properties opened its first self-storage development at 6680 Clark Ave, Newark, CA. Extra Space Storage will manage the three-story building, which has 1,630 climate-controlled units in 142,618 rentable square feet. Overton bought and developed the property in a joint venture with Invesco Real Estate. Source: Overton Moore Properties 

Life Storage Inc. will manage a new self-storage facility put up by Taction Properties at 345 Harris Ave. in Providence, RI. It has five stories, 499 climate-controlled units, 54,137 rentable square feet and 70 parking spaces. Tavares LLC was the general contractor. Source: Life Storage 

SSG Development, a fully integrated real estate investment, development, and construction company focused on self-storage in high barrier markets, announced that it has completed construction of a 986 unit, 123,000-square-foot property located at 540 Hillside Avenue in Needham, MA.  The facility will be acquired and managed by Westport Properties, an owner/operator of self storage facilities nationally which manages over 10 million rentable square feet under the US Storage Centers brand.

Legislative

City officials in Augusta, ME are considering allowing self-storage facilities in two zoning districts that hold the city’s two biggest retail shopping areas. The Planning Board proposal would allow such businesses as conditional uses in the zoning districts of the Civic Center District and the Regional Business District, which currently don’t allow self-storage operations. Source: Kennebec Journal

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Bruce Goldberg