In the mid-1990s, the city of Lacey, Washington, main industries revolved around forest products, cattle, milk, and retail. Over the years, it has evolved into a bedroom community to the Olympia, Washington, metropolitan area and Fort Lewis. However, in recent years, business developments have moved it from being a ‘bedroom community’ status to an independent city with many of its own services and businesses. One new business that will open at the beginning of November is the College Point Self Storage.
College Point Storage is located on 4643 Marcus Lane. It is part of the Whitman Village commercial development. Jeff Powell, of Prime Development, is the developer.
“We didn’t want it to look like a typical storage place,” Powell said about the design, which he compared to the look of a research and development facility. It also incorporated recycled steel and concrete into its design.
The 100,000 square-foot facility has single-store perimeter units. These units have already opened and are being rented out. The balance of the facility is a three-story, 90,000 square-foot building. That building has two freight elevators, 16 security cameras, and sensor-activated lighting. These units are climate-controlled. There is also a covered loading and unloading area. Unit sizes range from 10’ x 10’ up to 10’ x 30.’
Powell indicated that a market research showed that within a 3-mile radius of the self-storage facility there were a lot of homes, which suggest there is a need for self-storage. There are also two nearby subdivisions, Summerwalk and Horizon Point, that could easily benefit from having a self storage facility in the area.
Whereas some of the perimeter units are already being rented, the 3-story facility will open on November 1. College Point Storage serves Lacey, Olympia, and Tumwater, Washington.
Because of the height of the facility, it can be easily seen from Yelm Highway. This highway has been under construction and has now finally been completed. It is a busy highway because five educational institutions are served by the road and it is a major road in the area.
“$7.2 million self-storage building set to open in Lacey.” The Olympian; 16 October 2012