A self-storage building with shops and offices on the ground floor is planned for a site on Seventh Street in uptown, adding to a surge of new storage options targeting apartment dwellers.
The 1-acre site is adjacent to Interstate 277. It’s largely wooded and vacant, tucked between the highway and a condominium complex. Real estate records show Trinity Episcopal School owns the site.
The land is zoned for mixed-use urban development. A rule change by Charlotte City Council last year allowed self-storage buildings on such land, as long as the buildings have at least 50 percent of their ground floor devoted to “active” uses, such as offices or retail.
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That has triggered a flood of such projects in and around uptown. In addition to the site on Seventh Street, developers are seeking to build or have already begun similar self-storage buildings near Central Avenue, on College Street just north of uptown and West Morehead Street near I-277.
There’s more demand for self-storage, developers believe, because more people are living for longer in smaller apartments. As millennials delay home ownership and older empty-nesters downsize, people need a place to put their stuff.
The Seventh Street building would be six stories tall, totaling 126,000 square feet, with about 1,000 total climate-controlled units, according to Joe Teague, an attorney representing the developers. He didn’t say who is behind the project, and couldn’t immediately be reached for more information. There would be space for shops, cafes or offices on the ground floor.
Construction is expected to begin in the fourth quarter this year.