This is an archive of self-storage development news items from the month of November 2020.
Development news from the week of 11/4/2020
A 150,000-square-foot self-storage facility and RV storage lot may be going up as part of the 3701 North Pacific Place Project, under development by the Artesia Acquisition Co. in Long Beach, CA. The RV lot would have room for 578 vehicles.
But residents of the area, which is adjacent to the Los Angeles River– are concerned that toxic compounds might get dredged up during construction, because the property formerly was used as an oil brine water treatment facility. It was covered by a thick oil sludge for many years, and was partially cleaned up and covered with clean soil in the 1970s and ’80s.
The developer will submit a remediation plan to the state’s Department of Toxic Substances Control, outlining how they will prevent environmental impacts on the community. A 30-day public comment period then will take place before a permit is issued.
There’s also a public comment period going on now until Nov. 16.
Opponents have suggested turning that area into a green space.
Source: Long Beach Business Journal
In Georgia, the Turnstone Group LLC hopes to rezone 3.19 acres on Diplomat Parkway for indoor, climate-controlled storage units in Newnan. The site is behind the Woodsprings Suites hotel construction site and west of the Highlands at the Newnan Crossing subdivision. Turnstone would like to see a rezoning of the site from General Commercial District to Heavy Commercial District; the Newnan City Council approved the rezoning 6-1, in a first reading on Oct. 27. The facility would have 96,000 square feet, including 70,000 rentable square feet and 850 units. It also would have a 1,200-square-foot office. CubeSmart would manage the facility. Source: The Newnan Times-Herald
Centennial Plaza owners have asked the city of Meriden, CT, to have a self-service storage facility replace a Stop & Shop store that will close this month at 502 W. Main St. The business would include the grocery store space and the vacant Railroad Salvage parcel. Source: Patch.com
CubeSmart is operating a newly opened climate-controlled, 800-unit self-storage facility at 1645 N. American St. in the Fishtown neighborhood of Philadelphia, PA. it includes parking for 40 cars. GoldOller Real Estate Investments of Philadelphia backed the project, in a joint venture with Captiva Capital Partners and CVA Commercial Group. Source: PR Newswire
StorQuest Express Self-Service Storage has opened a facility at 3005 Ramco St. in West Sacramento, CA. Source: Yahoo! Finance