Yes, Public Storage plans to build, well, self-storage at 880 S. Pickett St. in Alexandria, a 7.3-acre property it acquired in 2017 for $13.7 million.
But there may be a second phase to the project that adds a rare, but much-desired residential component to this traditionally industrial area west of Van Dorn Street, which would begin its slow conversion to more of a mixed-use district.
Glendale, California-based Public Storage (NYSE: PSA) earlier this month presented its plans for the site to the Eisenhower West/Landmark Van Dorn Implementation Advisory Group. The overall parcel, shaped like a boot from north to south, meanders from South Pickett to Backlick Run. It is home, for now, to BoatUS, though that organization, which represents more than a half-million boat owners across the country, has lined up a new headquarters on Port Royal Road in Springfield.
In the first phase, according to documents submitted to the advisory group, Public Storage plans a 385,116-square-foot, six-story…Read the full story from the Washington Business Journal.