Tuesday, March 7, 2023

[UPDATE] Posh Buckhead Road Getting Unlikely New Neighbor

Work has begun to transform a former Buckhead nursery into an upscale self-storage facility.  Atlanta-based Stein Investment Group won over Tuxedo Park area neighbors this past spring with its plans to open a new Space Shop self-storage at 10 Blackland Road, behind the Landmark Diner in Chastain Park.  The facility will sit on 2.4 acres and feature about 700 climate-controlled self-storage units.  

One might wonder just how a developer of self-storage facilities was able to win over residents of a neighborhood home to some of the most expensive homes in metro Atlanta.  The answer is rather simple: a self-storage facility represented the lesser of two evils.  Development of the largely wooded and vacant parcel was inevitable, but what would be built was less clear.  

In 2018, Atlanta-based Monte Hewitt Homes proposed cramming 23 for sale townhomes onto the site. Tuxedo Park neighbors were concerned about, among other things, increased storm water runoff in an area already beset by flooding. 

As opposed to Monte Hewitt, who seemed less than cooperative when it came to appeasing neighbors, Stein bent over backwards, making several concessions, starting with a design that camouflages the storage facility behind an upscale office-building style fa├žade.  Additionally, Stein promised to create a storm water retention system about 50% bigger than  required to handle some of the Landmark Diner’s runoff as well as that of the storage facility.      

Stein is also establishing a 65 foot wide, tree-lined buffer – covering roughly a half-acre – between the site and 16 Blackland.   In addition, Stein made several other concessions including agreeing to limit the facility's operating hours and implementing a landscape plan that includes planting new trees along Blackland Road. 

Stein Development Group currently operates six self-storage facilities in Georgia with another half dozen "opening soon," according to its website.  The firm also operates self-storage facilities in six other markets around the country in Florida, South Carolina and Virginia, among others.  Stein is what many would consider a "merchant builder" in that the firm often builds facilities, leases them to a significant occupancy level and then sells them either individually, or as a group, to larger self-storage operators, in most cases, Salt Lake City-based Extra Space Storage.  

Stein has previously developed and sold self-storage facilities in Chamblee, Buckhead, Cumming and Covington, among others.  

Aside from their self-storage endeavors, Stein is also actively invested in other developments in metro Atlanta including one at the corner of Clairmont and Briarcliff Roads in Atlanta, another across the street, and also Buckhead Pointe, an existing multi-tenant property at Roswell, Piedmont and Habersham Roads, a stone's throw from the upcoming self-storage facility. 

Stein is also renovating an East Cobb area movie theater into a Space Shop self-storage facility with plans to add a Hello Hilo, a new quick-serve concept from King's Hawaiian,  to an undeveloped outparcel of the property.  

Are you surprised to see so many self storage facilities continue to be built?  Do you currently have a storage unit?  Are you looking forward to Hello Hilo in East Cobb?

Please share your thoughts below  

11 comments:

Anonymous said...

More demolition of classic Atlanta architecture.

Anonymous said...

FORMER LANDSCAPING BUSINESS. NOTHING CLASSIC IN DANGER.

Anonymous said...

There goes the neighborhood!

Anonymous said...

There goes the neighborhood.

Anonymous said...

Why are you yelling?

Anonymous said...

I believe the first comment was sarcastic.

Anonymous said...

Could anything look worse than the north side of Landmark Diner?

Anonymous said...

Why do people keep so much crap? Get rid of it instead of storing it. Chances are most people could replace what they put in there with the cost for storing it as long as they do.

Anonymous said...

I feel like the explosion of storage facilities is a symptom of a big problem of too many people keeping too much stuff. Are we now to the point of having "upscale" storage facilites? Do they new hardwood floors? Why do you need a fancy place to park your stuff?

Anonymous said...

The great Delbert McClinton has a song called "Too Much Stuff. Everybody listen to it and then go their storage unit(s) and take all that stuff to the Habitat ReStore where it can help people who need housing.

Anonymous said...

Where I reside in East Cobb, there are literally FIVE storage facilities within an approximately five mile radius, if that. I cannot stand these unsightly boxes and also wonder who is storing all this stuff!

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