Developers are continuing the conversion of a former JCPenney at Gateway Town Center in Jacksonville, Florida, into an Extra Space Storage facility, with new permits issued for the buildout of the building’s second floor. The project will add more than 61,000 square feet of climate-controlled storage space and is expected to total roughly 900 units upon completion. The redevelopment reflects ongoing adaptive reuse activity within the self-storage sector, as vacant department store properties and aging retail centers continue to be repositioned for storage use.
Source: Jacksonville Daily Record
