Miami firm developing self-storage facility near Disney World

Miami /
Nov.November 05, 2017 10:00 AM

Miami-based HB Capital Group, LLC and a partner are developing a Kissimmee self-storage building next to a time-share resort near Walt Disney World. Publicly held Extra Space Storage will manage the building.

HB Capital, led by managing partner Steven Hurowitz, formed a partnership with Liberty Base Investments that paid $1.35 million this year for the development site on Vineland Road in Kissimmee.

The land is part of a larger planned development that includes time-share resort Calypso Cay Vacation Villas, located seven miles from the Disney World amusement park. The planned self-storage building would have about 900 units.

HB Capital and Liberty Base plan to build a three-story self-storage building with Caribbean-style architecture to complement the look of the adjacent to the 82-acre Calypso Cay time-share resort.

Self-storage architect Patrick Pilot designed the Kissimmee development for Liberty Base and HB Capital, a real estate owner, investor and developer.


Related Articles

arrow_forward_ios
1930 Northwest 23rd Street with (from left) Shane Neman, Richard Kilstock and David Aaron (Getty, Arkadia, Neman Ventures)

Arkadia buys cold storage warehouse in Allapattah for $5M

Arkadia buys cold storage warehouse in Allapattah for $5M
200 Northwest 79th Street and Todd Amsdell, president and CEO of Amsdell Companies (Credit: Google Maps)

Self-storage facility in Little River sells for $7M

Self-storage facility in Little River sells for $7M
Richard Kayne, Founder and Co-Chairman of Kayne Anderson Capital Advisors, and a rendering of the self storage facility (Credit: TAYLOR / THEUS HOLDINGS, INC.)

Kayne Anderson buys self-storage in West Palm for $15M

Kayne Anderson buys self-storage in West Palm for $15M
A rendering of Manley Storage Ventures facility at 7171 North Federal Highway

New self-storage, retail facility coming to Boca Raton

New self-storage, retail facility coming to Boca Raton
(Credit: iStock)

Miami board OKs self-storage freeze

Miami board OKs self-storage freeze
Daniel Weinstein, John Guitar and Phil Marchese

Movers & Shakers: MCSS hires self-storage exec as managing partner & more

Movers & Shakers: MCSS hires self-storage exec as managing partner & more
2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)

TIAA sells Weston warehouse for $33M

TIAA sells Weston warehouse for $33M
7600 West Mcnab Road and Todd Ruderman

Prolific self-storage operator is a buyer in North Lauderdale

Prolific self-storage operator is a buyer in North Lauderdale
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...