{"id":5983,"date":"2024-04-22T10:05:37","date_gmt":"2024-04-22T10:05:37","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=5983"},"modified":"2024-05-06T12:10:38","modified_gmt":"2024-05-06T12:10:38","slug":"first-of-three-recently-approved-self-storage-sites-opens-in-danbury-ct","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/first-of-three-recently-approved-self-storage-sites-opens-in-danbury-ct\/","title":{"rendered":"First of Three Recently Approved Self-Storage Sites Opens in Danbury, CT"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<figure style=\"width: 555px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" src=\"https:\/\/s.hdnux.com\/photos\/01\/37\/05\/51\/24926792\/5\/960x0.webp\" alt=\"\" width=\"555\" height=\"306\" \/><figcaption class=\"wp-caption-text\">Cube Smart, a 100,000-square-foot self-storage business at the corner of Mill Plain Road and Aunt Hack Road on Wednesday, April 17, 2024, in Danbury, CT &#8211; [H John Voorhees III\/Hearst Connecticut Media]<\/figcaption><\/figure><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">A newly opened self-storage site on the busy west side is not only a sign of economic growth in one of the city\u2019s leading commercial corridors, but it\u2019s also a reaction to the shortage of space to stow belongings as more condominiums and apartments are built.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The opening of Cube Smart on Mill Plain Road \u2014 the first of three recently approved self-storage facilities to come online \u2014 completes the transformation of the intersection at Aunt Hack Road that just a few years ago was home to prominent dirt lots.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The 100,000-square-foot climate-controlled storage facility, built by a <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/www.diamondpointdevelopment.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Georgia-based development company<\/a><\/strong><\/span>, is across the street from a recently opened Burger King drive-thru restaurant and a Caraluzzi\u2019s Market plaza that opened in late 2022.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">With the growth of multifamily developments in the Danbury market, self-storage is a needed resource for the community,\u201d said Aaron Sommer, who runs Georgia-based Diamond Point Development with his brother, Jason Sommer.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">In the year that it took to rock-blast the 3.5-acre property and build the three-story self-storage building at 95 Mill Plain Road, 149 downtown apartments have come online at developer Dan Bertram\u2019s Brookview Commons complex, and the first half of a 360-apartment project is nearing completion at the west side office park known as The Summit.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">At the same time, two other self-storage facilities were approved by Danbury on the east end \u2014 a four-story self-storage building on Sand Pit Road, and a self-storage facility on the same block near the Bethel border where two self-storage facilities are already located and a third is nearing completion.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The businessman behind that proposal, Joseph Putnam, told Hearst Connecticut Media in 2023 that \u201ccompetition breeds success\u201d and that \u201cbeing in competition will be good for all of us.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Putnam, who plans to build three self-storage buildings on a 7-acre property on Great Pasture Road, was approved one year after a mother-and-son team from Bethel were approved to build a self-storage facility between two existing self-storage facilities.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The reason: Danbury\u2019s underserved market.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The Danbury market area has \u201c300,000-square-feet of unmet self-storage demand,\u201d said Ethan Draper, a Bethel business school graduate, during a 2022 public hearing. The shortage, he said, is due to \u201cthe exponential growth of apartments and condominiums, which as we all know lack storage space.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Aaron Sommer, from the Georgia development company that built the new west side Cube Smart, agreed.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The other reason is people are more transient than they used to be,\u201d Sommer told Hearst Connecticut Media in 2023. \u201cThey don\u2019t live at the same place for 50 years or work at the same place for 50 years the way they used to. Now when they want to leave, they leave.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">As a result, Sommer said, some residents don\u2019t have the space they need in their new places.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">West siders may not have realized that the new Cube Smart is open. On Tuesday, a heavy-duty earth-moving tractor sat next to a huge dirt pile in front of the new facility, where a handful of red pickup trucks were parked while a crew worked to install a sidewalk along the front of the property.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Much of the property\u2019s landscape was also yet to be planted.<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/www.nhregister.com\/news\/article\/1st-of-3-approved-self-storage-sites-opens-danbury-19407592.php\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Source<\/span><\/span><\/span><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A newly opened self-storage site on the busy west side is not only a sign of economic growth in one of the city\u2019s leading commercial corridors, but it\u2019s 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 \u2014 the first of three recently approved self-storage facilities to come online \u2014 completes the transformation of the intersection at Aunt Hack Road that just a few years ago was home to prominent dirt lots.&hellip;<\/p>\n","protected":false},"author":13,"featured_media":5985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[23],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5983"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=5983"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5983\/revisions"}],"predecessor-version":[{"id":5984,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5983\/revisions\/5984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/5985"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=5983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=5983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=5983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}