Hampshire Management Company has completed the redevelopment of a long-vacant property in Yonkers, New York, into its first self-storage facility. The five-story, 164,000-square-foot project includes more than 1,100 climate-controlled storage units and is managed by CubeSmart. Previously occupied by restaurant and entertainment uses, the site had remained vacant for more than 15 years before being converted to self-storage. The project reflects the continued use of adaptive reuse strategies within the self-storage sector, as developers repurpose underutilized commercial properties to meet storage demand in densely populated urban markets.
Source: BCW (Business Council of Westchester)
