Hines Continues Arizona Storage Expansion
The company is set to develop two facilities in Tempe and Litchfield Park. The properties are expected to be completed by the end of this year.
Hines Storage Facility. Rendering courtesy of Hines
Hines has started the construction of an 83,110-square-foot self storage facility in Tempe, Ariz. and is set to break ground on a 96,000-square-foot asset in Litchfield Park. The facilities are slated for completion by early fall and the end of 2019. CubeSmart will manage both properties. Double AA Builders is the contractor and RKKA is the architect working on the projects.
The Tempe facility will be located at 8575 S. Priest Drive, just off Interstate 10, around 7 miles from the city’s downtown and 12 miles from Phoenix Sky Harbor International Airport. The development site is also situated near residential areas with approximately 14,000 units within a 3-mile radius. Once finished, the development will occupy 4 acres and will comprise 640 units. Additionally, the facility will feature covered RV parking spaces.
The 4.2-acre Litchfield Park property will be part of a mixed-use development situated on the southeast corner of Camelback and Dysart Road and will encompass 673 units.
Hine’s first self storage facility in Arizona, Val Vista Storage, comprises 510 units and opened in February 2019. The project broke ground in early 2018.
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