Louisville Downtown Partnership Recognizes Significant Downtown Development Projects With 2017 Cornerstone Awards
The Louisville Downtown Partnership (LDP) announced the recipients of the 2017 Cornerstone Awards at their annual celebration of Downtown development on Wednesday, Oct. 11th at The Brown Hotel rooftop garden event space. The Cornerstone Awards were given to 13 significant Downtown projects completed in 2016, which represents nearly $100 million invested in Downtown Louisville. NitNeil Partners and Live Oak Capital Partners were recognized for the $3.4 million adaptive reuse of the historic Kurfees Paint Building into Extra Space Storage — a state-of-the-art, climate controlled self-storage facility with covered loading bays and modern leasing office.
NitNeil Partners and Live Oak Capital Partners have opened a second new facility for the Charleston region in the prestigious suburb of Mount Pleasant, South Carolina. The three-story building features 52,500 square feet of climate-controlled self storage and is located at 1426 U.S. Highway 17 North, near the intersection with Interstate 526. This property is centrally located along the city's primary commercial corridor with superb visibility from both U.S. Highway 17 and Interstate 526.
"With excellent schools, sophisticated restaurants and high end retail, Mount Pleasant offers residents a high quality of life in close proximity to Downtown Charleston and the surrounding beach communities", said Steve Tedder, Principal of Live Oak Capital Partners. "This well designed, highly visible facility is the highest quality, climate controlled self storage in the market and addresses the unmet needs of local residents and businesses."
Construction began at the beginning of 2016, and the property opened to the public in February 2016.
NitNeil Partners and Live Oak Capital Partners have completed construction and sold a multi-story, climate-controlled self storage facility in Charleston, South Carolina. The buyer was Sovran Self Storage. Located at 1540 Meeting Street, this 71,000-square-foot facility sits in the heart of the Charleston Peninsula and in close proximity to the Historic District.
"We are excited to deliver this best-in-class storage facility to the dynamic and rapidly growing City of Charleston", said Aaron Rowley, the local development partner for both companies. "We believe the design of this building honors the character of the Neck Area and is in keeping with the high standards for architecture on the entire Charleston Peninsula."
This facility commenced construction in mid-2015 and opened to the public in August 2016.