Multiple Self Storage Facilities Completed
Edifice ended 2017 with the completion of multiple self-storage facilities around Charlotte. These new buildings are conveniently located near South End and Uptown, with one right along the light rail, to serve the increasing number of multifamily developments as well as the nearby neighborhoods.
With the 2018 forecast of growth for Charlotte’s population and a steady multi-family market, self-storage facilities are in high demand. The area is projected to grow at three times the national pace in 2018, translating to approximately 62,000 people. Over 6,100 rental units in the South End and Uptown areas have been completed in the last two years, and another 2,000 are expected to open this year. These new storage facilities will be appropriate for any of these residents needing additional space. A healthy local economy and affordable land prices are also factors driving the self-storage market, and developers have been gearing up to meet this need.
Extra Space Storage
This project consists of a three-story, fully conditioned, self-storage building on just over 2 acres of land in the 4600 block of South Boulevard. With a building footprint of 100,000 square feet, this facility includes over 700 unit.
Morehead Street Storage
This 98,000-square-foot self-storage building was designed by Randy Henning Architecture and contains 858 climate controlled units. The 5-story building sits on a tight lot, involving complicated site work, and the building exterior consists of a combination of brick and E.I.F.S siding. Life Storage is managing the facility.
Morningstar Storage College Street
This project included the construction of a five-story, 110,000-square-foot, self-storage facility that houses climate-controlled storage units. The conveniently located site sits right along the LYNX Blue Line Extension. With a high-level lighting package and the use of glass curtain walls, this storage facility definitely adds to the vibrant Charlotte skyline.
