Kings Avenue near San Marco, which is on track for a self-storage facility by NitNeil Development, also will be the address of a center by Liberty Investment Properties.
They are planned across the street from one another.
Orlando-based Liberty Investment Properties announced a partnership Tuesday with Jacksonville-based Finley & Shell Properties LLC and private investors.
Construction for the up to $9 million self-storage project is expected to begin in the fall and be completed in early 2018.
The facility is designed on more than 2.5 acres at 1820 Kings Ave., which is under contract by Finley & Shell Properties LLC.
The more than 110,000-square-foot, three-story center will provide almost 700 climate-controlled units of varying sizes.
Calling it a cutting-edge layout, the announcement said it will mimic the success of Liberty Investment Properties’ previous developments.
The center will be run by a professional management company and serve residential and commercial tenants.
The announcement said Finley & Shell Properties will sell the land to Liberty Investment Properties and will remain limited partners while Liberty Investment Properties will serve as general partner.
Jason Finley of Finley & Shell Properties said he and Brian Shell are longtime San Marco-area 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 the release.
The building will feature security monitoring, elevators, wide hallways and “easy access and mobility.”
Adam Mikkelson, president of Liberty Investment Properties, cited the surge in residential and commercial development in the San Marco and Southbank areas.
The release said Liberty Investment Properties has 30 years of experience in the self-storage industry, with more than 50 projects in multiple states and several new developments in progress this year.
It said the partnership will be the first of its kind for Finley & Shell Properties.
Across the street, at 1853 and 1877 Kings Ave., property owner Bee Street Investors Inc. proposes to develop a self-storage center on 1.16 acres.
NitNeil Development LLC of Atlanta provided a few more details last week about its proposed self-storage facility.
There’s no rendering of the project, although NitNeil representative Steve Tedder said at an administrative deviation hearing Friday that the company designs its centers to look like apartments.
Tedder said customers will be able to access their units from 6 a.m.-10 p.m. daily, and the busiest time is Saturday morning.
Tedder expects to develop 700 to 750 units, ranging in size.
Customers would take elevators in the four-story structure to access their units, although the typical client doesn’t visit a lot, often not retrieving the contents for a year, he said.
On-site management will be available daily, he said.
In addition to apartment dwellers, other clients include pharmaceutical and medical-supplies representatives.
Tedder addressed the meeting and also responded to questions from a property owner near the site.
She and her representative were concerned that the project might not be compatible with future San Marco area redevelopment.
Tedder offered to meet with them to discuss the designs and plans.
As described in the application for the deviation from the city’s zoning code, the project will be a “modern” four-story, 100,000-square-foot personal-property storage facility whose units are fully enclosed and accessed from within the building.
While Bee Street Investors owns the property, the deviation was requested for NitNeil Development.
NitNeil Partners, led by principals Nitesh and Neil Sapra, has partnered with ExtraSpace Storage and Life Storage to rebrand and manage its self-storage portfolio.
The Kings Avenue facility will feature “state-of-the-art lighting and surveillance throughout the interior and exterior of the building as well as access-controlled glass sliding doors at multiple points in the building,” said the application. Tedder said Friday there would be up to 30 cameras.
The application said the request will allow “redevelopment of a site that is presently occupied by vacant rundown buildings.”
Bee Street requested deviations to reduce the minimum lot area size, the minimum number of off-street parking spaces, the number of loading spaces and the vehicle use area interior landscape.
The request is under review. The zoning administrator has 21 days after a hearing to prepare a written order approving or denying the application for an administrative deviation.
@MathisKb
(904) 356-2466