Inside Self Storage reported that Storage Deluxe, a “New York-based owner, developer and operator of self-storage facilities,” has purchased a 96,000 square foot property at 41-06 Delong Street (GMAP) in Flushing. They paid $14.3 million for this lot, and it is their second acquisition, but what they plan to build is new for the neighborhood.
Their plan is to take the land and turn it into a 198,000 square foot mixed use center. It will include, naturally, a self storage facility, at 7 stories, 160,000 square feet in size, and with 2,800 storage units. Additionally 28,000 square feet of retail/industrial flex space will be on the ground floor. It’s expected that home-decor businesses and building-material suppliers will be drawn to this space, since Flushing is full of these kinds of businesses.
The development will have 100 street-level parking spaces, too; more parking in Flushing is a bonus for drivers. Get ready to witness a giant sign for the facility, too, which is expected to be clearly seen from the Van Wyck Expressway and the LIRR. The property is located just next to the northeast corner of Flushing Meadows Corona Park, and just over the Van Wyck Expressway from Flushing Creek.
This parcel of land is not within the boundaries of the 60 acres of land east of the Flushing River that the Flushing Willets Point Corona Local Development Corporation (FWCLDC) is targeting for redevelopment, but it is close (just south of it), so there’s a good chance that this facility will also benefit from revitalization of the area to its north.
Construction will start next month, in November 2012.
Storage Deluxe to Build Mixed-Use Development in Flushing, Queens, New York [Inside Self Storage]