Smaller living quarters require more offsite storage opportunities

Smaller living quarters require more offsite storage opportunities
Sample rendering of a similar Liberty Investment Properties self-storage project

With all the new residential development coming to San Marco, is it any wonder that self-storage would follow? And now not one, but two companies have plans to put in self-storage on Kings Avenue.

Liberty Investment Properties in Orlando is partnering with Jacksonville-based Finley & Shell Properties to build a 700-unit climate-controlled self-storage facility at 1820 Kings Road that should be ready by early 2018.

The 110,000-square-foot facility will be three stories on 2.5 acres and will have security monitors and elevators. Estimated cost is $9 million.

Jason Finley and Brian Shell are longtime San Marco residents.

“We recognized the need for self-storage in our area – this piece of land is perfectly suited for such a concept, and Liberty Investment Properties is the perfect partner for the job,” Finley said in a news release.

Another self-storage facility is planned for across the street at 1853 and 1877 Kings Avenue on land owned by Bee Street Investors.

NitNeil Development of Atlanta plans to put in 700 to 750 units on 1.16 acres. The four-story building would be 100,000 square feet with interior access, elevators and electronic surveillance.

Bee Street is seeking a zoning deviation to reduce the number of parking and loading spaces. The request is under review by a zoning administrator, who will issue a recommendation in July.

Momentum on Philips Highway

The developer who wants to build a 640-unit gated community on Philips Highway near River Oaks Road got the site plan change they wanted last month while landowners farther down Philips at Bowden Road and University Boulevard are seeking to rezone property for redevelopment.

Chance Partners plans to begin construction after the first of the year on 286 one- and two-bedroom apartments and 10,000 square feet of retail at Philips Highway and River Oaks Road.

The Jacksonville Planning Commission, at a meeting in early June, approved a minor modification, moving phase one to the north end of the 17-acre site.

Chance Partners still hasn’t announced a new name for the project that is still called Jackson Square, the name of a previous redevelopment proposal that fell through.

The $42 million project is expected to be completed by summer 2019.

Chance Partners bought the property in May for $4.75 million from Cypress Real Estate Advisors through CR VI-Philips LP.

Chance Partners President and CEO Judd Bobilin told the commission that LandSouth Builders LLC likely will be the general contractor. LandSouth also is working on Chance Partners’ redevelopment of the former Commander Apartments and St. Johns Village in Avondale.

Farther south on Philips, developers are hoping to rezone several parcels in an effort to revive an area it describes as “troubled.”

BW Phillips Bowden bought the former Frank Griffin car dealership in April and plans to build a Wawa convenience store. It is seeking to combine with a parcel owned by Burger King Corp. The 4.87 acres at 5735 Philips Highway and 4948 University Blvd. W. are zoned Commercial Community/General-2. The owners want to rezone it as a Planned Unit Development.

The rezoning request says it “will be a significant impetus for new development and reinvestment in this troubled area.”

By Lilla Ross
Resident Community News

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