There's a new development rising from the ground in south Lacey, one that's between the Horizon Pointe neighborhood and the railroad tracks near Yelm Highway.
What is it? More self-storage and retail space, Lacey senior planner Samra Seymour said Monday.
The owner, according to property records, is C2 Holdings LLC.
Seymour said the development plan calls for five buildings to be constructed in two phases. In all, the development will be 77,000 square feet of self storage and 8,300 square feet of retail space. The project required a conditional use permit and a public hearing examiner meeting, she said.
There's likely a market for self-storage and retail because of the large nearby Horizon Pointe and Lakepointe subdivisions.
A similar development in west Olympia also caught the attention of passersby and motorists. But it is even larger.
The Secure-It Self-Storage facility between U.S. Highway 101 and Cooper Point Road will be eight buildings: seven for storage and one for an office. In all, the development measures 160,500 square feet, according to city of Olympia information.
Another reason that self-storage might be in demand: Thurston County’s population, currently at about 275,000, is on the rise and expected to grow to 295,000 by 2020, according to Thurston Regional Planning Council data.