With close to 50,000 self-storage facilities in the United States, it’s hard to believe there could an underserved area. But there is—Columbus, Ohio. And now, one developer is trying to do something about it.
Brexton LLC will be constructing a six story self-storage facility in the Brewery District of Columbus. Ohio. The company has received conditional approval for an 84,750 square foot facility on what is now a large parking lot at the corner of Liberty and Short streets. Plans are to have 700 self-storage units.
“Columbus is greatly underserved for (this) luxury self storage, and this particular neighborhood is off the charts,” a representative from Brexton LLC told Brewery District Commissioners. “This is a $9 million improvement.”
The company will need to make some minor alterations to the plans for the building. The commissioners told the company that it wanted the color and design of the cornice on the façade to be different.
This will not be Brexton’s first foray into self storage. The company built another six-story self-storage facility in downtown Columbus called TriVillage Downtown Storage. It opened last July. To market to potential tenants, the company held a drawing for an Apple watch (no lease necessary).
“We see growing demand for storage downtown,” Brexton president Tim Galvin said in a press release. “People living downtown don’t have basements or garages with wall-to-wall storage units to store their holiday decorations, extra furniture and seasonal clothing. This is an untapped market with real potential.”
The downtown facility has 750 storage units ranging in size from 4’ X 5’ to 12’ X 20.’ Wine storage is available, as well as a meeting room where people can hold tastings. Every unit is indoor and climate-controlled.
Initial plans for the downtown facility scheduled the opening at the end of 2015, but in a rare early-completion, the facility opened in July instead. A projected completion date for the facility in the Brewery District has not been announced yet.
Ohio has the fourth highest number of self-storage facilities in the nation with 1,435 primary self-storage facilities and another 404 remote self-storage facilities. Now, urban Columbus will add another to that number.