The $5MM construction of a self-storage facility and foundation could soon be underway on Memorial Drive, pending permit and zoning approvals.
It would rise from the ground up at The Atlantic Shopping Center, a Paces Properties development underway near the juncture of Edgewood and Kirkwood.
Nuvo Development and Clark Investment Group are developing the “Class-A, institutional quality self-storage facility,” at 1599 Memorial Drive SE.
“The facility’s competitive advantages will include its best-in-class design and construction, 100 percent climate-controlled units, high visibility and strategic placement along the south side of Memorial Drive SE in proximity to the I-20 and Moreland Avenue interchange, approximately three miles east of downtown Atlanta,” the co-venture wrote of the project in a prepared statement.
At roughly 3.5 miles from the Southside and Eastside Beltline trails, it’s seemingly far enough from the Atlanta BeltLine, thus possibly skirting City scrutiny on storage facilities built in close proximity to Beltline Overlay Zoning Districts.
In 2017, Atlanta City Councilwoman Joyce Sheperd of District 12 proposed legislation and approved a 150-day moratorium that would prohibit storage facilities from being built along or within a half-mile of the Atlanta BeltLine.
“Storage facility uses are incompatible with the purposes and intent of the BeltLine,” said Sheperd’s moratorium at the time.
Former tenants of the shopping center have included Family Dollar, Club ESSO and The Entrepreneurium, an office space rental agency.