Category: Development News

Self-storage Facility Proposed for Cortlandt, NY

The entity 3 Locust Avenue LLC has applied to the Town of Cortlandt for approval to construct a four-story 75,000-square-foot self-storage facility on the site of the now-vacant Toddville Elementary School building and baseball field. According to attorneys David S. Steinmetz and Brian T. Sinsabaugh of the White Plains-based law firm Zarin & Steinmetz, the building recently was used as a Con Edison training facility. “The building has remained vacant for a significant period, and due in part to acts of vandalism during that time, has fallen into a state…

U-Haul Breaks Ground on 1,400-Unit Self Storage Facility in Sioux Falls, SD

U-Haul has broken ground on U-Haul Moving & Storage of Veterans Parkway, a 1,400-unit self-storage facility in Sioux Falls, South Dakota. Completion is scheduled for early 2025. The development will comprise two three-story buildings encompassing 700 units each. Plans also call for a separate warehouse including 1,250 mobile storage containers. Amenities are slated to feature climate-controlled units, around-the-clock access, as well as security. Located at 3500 Powder House Road, the project is bordered by State Route 11 to the east, while State Route 42 is some 2 miles north. Downtown…

First of Three Recently Approved Self-Storage Sites Opens in Danbury, CT

A newly opened self-storage site on the busy west side is not only a sign of economic growth in one of the city’s leading commercial corridors, but it’s also a reaction to the shortage of space to stow belongings as more condominiums and apartments are built. The opening of Cube Smart on Mill Plain Road — the first of three recently approved self-storage facilities to come online — completes the transformation of the intersection at Aunt Hack Road that just a few years ago was home to prominent dirt lots.…

Compass Self Storage Opens State-Of-The-Art Wine Storage in Jupiter, FL

Compass Self Storage, a member of the Amsdell family of companies, proudly announces the opening of their brand new, state-of-the-art wine storage cellar, now available at their location at 50 Fredrick Small Road. Compass is also partnering with the Palm Beach North Chamber of Commerce to hold a “grand opening” ribbon-cutting event on Thursday, April 18 at 11 am. All are welcome to visit and tour the beautifully constructed wine storage area and enjoy food and drink. The high-end wine cellar was designed and built for wine enthusiasts and collectors,…

Go Store It Self Storage Expands its Footprint in Savannah, GA

Go Store It Self Storage, a subsidiary of Madison Capital Group, has opened its latest state-of-the-art self-storage facility in Savannah, Georgia. This newly opened facility, strategically located at 1110 Fulton Road in Savannah Place, contains 801 climate-controlled units. It offers secure and convenient storage solutions to meet the needs of the fast-growing community. The Savannah location is an adaptive reuse project of a former grocery store, a testament to Go Store Its commitment to revitalizing spaces into modern, secure storage facilities. Spanning 93,677 square feet, this facility promises easy access…

StorageMart Opens Two Self-Storage Facilities in Greenwood, IN and Columbia, MO

StorageMart, a family-owned self-storage business, has announced the purchase of two more sites in Columbia, Missouri, and Greenwood, Indiana. With the two new self-storage facilities, the company expands in its hometown of Columbia and the rapidly developing Indianapolis area. StorageMart began operating facilities in 1999. The new facility in Columbia, MO, situated at 1500 Creekwood Parkway, has 312 storage units with drive-up access and parking spots designed specifically for car storage. It spans 42,200 square feet. A total of 238 drive-up self-storage units with indoor car parking, gated pin pad…

U-Haul Plans to Open its First Company-Owned-and-Operated Store by 2026 in Junction City, KS

U-Haul® is pleased to announce plans for a new retail, moving and self-storage center at East Ash Street & East Vine Street in Junction City after the recent purchase of 12.9 acres. U-Haul Moving & Storage of Junction City is scheduled for completion as early as spring 2026. This will be the first U-Haul-owned-and-operated facility in Junction City. Plans call for a pair of three-story facilities totaling 900 indoor, climate-controlled self-storage units providing high-end security features at affordable prices. In addition, the facility will offer truck and trailer sharing, U-Box…

Spartan Investment Group Closes Deal on New Ground-Up Self-Storage Development in Port Wentworth, GA

Spartan Investment Group (Spartan), a Colorado-based privately held real estate investment firm specializing in the self-storage industry, announced that it has closed on a new ground-up self-storage development in Port Wentworth, Georgia, expanding its portfolio into the growing Savannah market. “Having seen substantial economic and population growth, the expanding need for self-storage in the Savannah market is undeniable. Our team is ready to meet that demand with a new state-of-the-art facility in Port Wentworth,” said Ryan Gibson, CIO and Co-Founder at Spartan. “With this development, we’re not just building a…

Futura and Linkvest Capital Joint Venture Delivers Self-Storage Facility in Orlando, FL

Futura, in partnership with Linkvest Capital, has completed Nona Cove Self Storage, a 90,000-rentable-square-foot self-storage facility in Orlando, Florida. The property operates under Extra Space Storage management. The facility is part of FUTURA at Nona Cove, a luxury master-planned community covering 17 acres. The developer broke ground on the self-storage project in 2022. That same year, Futura secured $16 million in financing from ACRES Capital. The four-story building offers climate-controlled units, ranging between 25 and 300 square feet. Currently 57 percent leased, the property also features an 8,000-square-foot retail component.…

Stor-It Self Storage Opening 6th Location in Port Orange, FL

  The owners of Stor-It Self Storage have announced they’re opening the business’ sixth location this month, this one in Port Orange. Scott and Todd Vanacore, owners of both Stor-It and Vanacore Homes, are hosting a ribbon-cutting on April 17th. There are currently five other Stor-It locations open for business in the area: three in Ormond Beach, one in Daytona Beach, and one in Bunnell. Two additional locations are slated to open for business in DeLand and Ormond Beach. The ribbon-cutting will be held at 12:00 PM on Wednesday, April…