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A former corporate headquarters and bank building on Route 206 may be converted into a self-storage facility.<\/span><\/span><\/span><\/p>\n Melillo Equities, of Far Hills, is scheduled to appear before the borough’s Land Use Board on Nov. 20 with a proposal to repurpose and expand the existing 10,090-square-foot, two-story office building at 158 Route 206 into a three-story, 21,545-square-foot self-storage building.<\/span><\/span><\/span><\/p>\n The building served as the corporate headquarters for Fedders, once the world’s largest air conditioner company that filed for bankruptcy in 2006, and later as administrative offices of Peapack-Gladstone Bank.<\/span><\/span><\/span><\/p>\n Melillo also plans to construct a two-story, 2,012-square-foot building with five apartments on the 10.7-acre property. The apartments will be restricted to affordable housing.<\/span><\/span><\/span><\/p>\n The borough’s prospective need for affordable housing is 75 units.<\/span><\/span><\/span><\/p>\n According to its website, Melillo says the local market demand for self-storage facilities has “far outweighed supply” because of local zoning that has led to residents and businesses driving more than 20 minutes to the nearest storage facility.<\/span><\/span><\/span><\/p>\n The website also states, “Even as it takes on a new purpose, this building will remain true to the historically sensitive community\u2019s traditional architectural vernacular.”<\/span><\/span><\/span><\/p>\n The addition, according to the website, “will be positioned unobtrusively behind the building\u2019s stately brick colonial fac\u0327ade.” <\/span><\/span><\/span><\/p>\n Converting an office building into a self-storage facility has already been done in Somerset County.<\/span><\/span><\/span><\/p>\n In Branchburg, the former Sun National Bank headquarters on Route 22 has been transformed into a self-storage facility.<\/span><\/span><\/span><\/p>\n The Bridgewater Zoning Board of Adjustment has approved a plan to demolish a two-story office building at 1661 Route 22 and build in its place a 129,827-square-foot self-storage facility.<\/span><\/span><\/span><\/p>\n Also in the Route 22 corridor, the Lebanon Borough Land Use Board earlier this year approved a plan to convert an office building into a self-storage facility at the intersection of Corporate Drive and Route 22.<\/span><\/span><\/span><\/p>\n Melillo has also presented to Peapack-Gladstone a conceptual plan to transform the adjacent 150-acre Pfizer campus into 200-plus units of 55-and-over rentals with a set aside for affordable housing, 95 assisted living units, including 10 affordable units to meet Medicare requirements, or as an alternative a 100,000-square-foot extended stay hotel.<\/span><\/span><\/span><\/p>\n