TD Self Storage Enterprise LLC, a development and acquisition venture launched last year by JHM Hotels, is pursuing a mixed-use project in the West End historical district of Greenville, S.C. The four-story facility would be built on a nearly 1-acre lot at the corner of Oneal and Rhett Streets, which currently houses a Piedmont Electrical Distributors warehouse. It would include 931 self-storage units, 1,430 square feet of retail, 1,160 square feet of office space and 61 parking spaces in a basement garage, according to the source.
The structure would be constructed of brick, glass and metal, and leave room for a corner coffee shop. The developer intends to pursue Leadership in Energy and Environmental Design certification from the U.S. Green Building Council.
The project would require a special exception from the city to proceed. The board of zoning appeals was scheduled to review the plan last night. Planning staff earlier recommended against the development due to a code that prohibits self-storage at street level, the source reported.
The property is in a section of the West End known as the Warehouse District. The area historically has housed industrial businesses but has been eyed by the city for redevelopment, including “adaptive re-use opportunities for startups,” according to the source. The city would also like to see residential lofts in the area.
"We are currently working with our architect to meet these requirements," Roger Burgin, senior vice president of TD Self Storage, told the source. "I feel confident we will be able to meet all requirements and develop a fantastic project that will benefit the West End and the city of Greenville."
Launched in August, TD Self Storage is headquartered in Greenville. It was created to pursue opportunities in the Midwest and Southeast, with eventual expansion to California, Texas and other U.S. markets. Its goal is to amass an owned portfolio of more than 100 storage properties.
Since founding its self-storage division, JHM Hotels has since retired its name and created four separate hotel companies: Auro Hotels, Sarona Holdings, Siddhi Hotel Group and Sima Hotels. JHM acquired and developed hotels throughout the United States for 44 years. The group owns and operates 38 hotels in seven states, according to its website. Its brands include Hilton, Hyatt, Marriott and Westin. The group’s affiliate, JHM Restaurant Group, owns several high-end restaurants.
Copyright © 2016, Informa Exhibitions LLC. All rights reserved.
© 2018 Informa Exhibitions LLC. All rights reserved.