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Tuesday, September 17, 2013

O4W self-storage facility to include a coffee shop that could fulfill community's hopes and dreams

Decatur-Corner-Rendering-SIG.jpg
  • Stein Investment Group
Old Fourth Ward might soon be the proud recipient of a deluxe, organic, and possibly fair-trade coffee shop located, naturally, underneath the hoarded boxes and dusty photobooks that Atlantans will stuff in a new self-storage facility.

As we discussed back in April, the retail strip along DeKalb Avenue and Boulevard, once home to Lenny's and The Village Theatre, has been demolished so that the self-storage facility could be constructed. BisNow reports that Stein Investment will pour $9.2 million into its Decatur Street Self-Storage, a five-story, 854-unit "state-of-the-art" facility that's expected to open in January 2014.

"Decatur Street will cater to the apartment and condominium residents who reside in communities such as Fulton Cotton Mill Lofts, Montage Old Fourth Ward and Alexan 360 - as well as the 30,000 students at nearby Georgia State University," Jeff Stein, founder and principal, Stein Investment Group said in a recent statement.

The 110,000 square-foot, climate-controlled building boasts a covered loading area, drive-up exterior storage units, and a retail storefront along Decatur Street that the Stein Group says is in line with Atlanta Beltline design standards. The investment firm is also touting a Wi-Fi enabled coffee shop for the community's caffeinated needs. More importantly, the company says the storage facility will "provide modern storage solutions to residents of the surrounding urban, residential communities."

It's just the kind of local businesses that the Old Fourth Ward wants, right?

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