Bridgeton to Receive New Self-Storage Concept
Date Posted: September 25, 2017
Posted In: Projects,
From STL Real Estate: Officials and developers are eyeing the Cypress Village shopping center across St. Charles Rock Road from Northwest Plaza for a self-storage concept moving forward. The center has far less shopping happening in it than it used to when five-years ago, the Walmart that once anchored the center moved to a bigger location just down the road. Behind it left a dying shopping center, and the owner has been exploring development projects for years now. A hot real estate trend sweeping the nation, self-storage, just might do the trick moving forward.
Right now, the retail center is 92 percent vacant, and a self-storage concept could be just what they need to get it moving again. “No city is jumping up and down for self-storage,” said Zach Greatens, a Bridgeton city planner to the St. Louis Post-Dispatch. Nonetheless, he admitted there is certainly a demand for it. The owner of the site is proposing an indoor self-storage concept with rows of metal doors that won’t be an eyesore from the street. Bridgeton wouldn’t want a total proliferation of self-storage facilities, Greatens added, but he did say the city is open to the use at this notoriously empty location.