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Landowner opts to develop self-storage facility instead of retail next to pet resort in Ocoee

A three-story, 104,900-square-foot self-storage facility with up to 727 climate-controlled units is being proposed in Ocoee.
A three-story, 104,900-square-foot self-storage facility with up to 727 climate-controlled units is being proposed in Ocoee. (City of Ocoee)

The estate of the late Palm Beach County veterinarian Kenneth Simmons and his wife Alice Simmons is prepping land in Ocoee for a new self-storage facility.

The husband and wife passed away in a plane crash headed to the Bahamas in 2019.

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Through the company Simmons Pet Properties LLC, the estate is seeking to amend the remaining eight acres of developable property within the Barkeritaville PUD, on the east side of State Road 429, along Tomyn Boulevard.

The revision would allow for a three-story, 104,900-square-foot self-storage facility with up to 727 climate-controlled units, only accessible through the existing entrance to a $5 million pet resort built next door called Pet Paradise Winter Garden.

Architect Kurmaskie Associates Inc. (AKAI) is the architect.

Learn more about the Jacksonville-based company expanding its footprint in Central Florida, and what it will be looking for in its next local site.

Previous entitlements allowed for up to about 16,180 square feet of retail/commercial development. The recently submitted site plan shows the self-storage facility if approved, would replace those original plans.

Pet Paradise Winter Garden was built in 2019 at 1175 Tomyn Blvd. by Scottsdale, Arizona-based real estate investment company STORE Capital. Pet Paradise Resort and Day Spa, based out of Jacksonville, worked with the REIT in 2018 and agreed to a $1.18 million sale-leaseback deal in 2018.

Vice President of Real Estate Brian Martin previously told GrowthSpotter Pet Paradise was trying to strategically cluster its resorts around the Greater Orlando market.

“West Orlando in Ocoee is an area we think the demographics are right, with growth along the S.R. 429 corridor and proximity to a lot of rooftops,” he said. “We think there are more opportunities with as big as it is and as fast as it’s growing.”

The pet boarding and grooming resort features outdoor play areas for its day camp clients, misting stations, a dog bone-shaped pool, and a splash pad area for small dogs. Indoor VIP rooms boast plush beds and a webcam for owners to view their pets remotely.

The company has over 20 locations throughout Florida including one in Sanford.

A growing number of developers are seeking to plant their flags on land near S.R. 429 in west Orange County for expansive industrial construction.

Lakeland-based Blue Steel Development and JV partner Bob Zlatkiss assembled nearly 250 acres on U.S. 441/Orange Blossom Trail, near the S.R. 429 interchange and next to the private Orlando Apopka Airport, with plans to develop up to 2.5 million square feet of distribution warehouse space.

Sunrise-based real estate investment company Centerline Capital Advisors wants to assemble about 367 acres of land by the beltway for a large mixed-use community.

The self-storage industry has been thriving in the pandemic. Factors that enhanced demand stemmed from renters and homeowners moving to different locations and housing types, as well as businesses downsizing or temporarily closing.

Yardi Matrix data shows investors closed a total of $3.6 billion in self-storage deals across the country last year, according to an article by MHN. Some of the largest transactions included Blackstone’s $1.2 billion acquisition of Simply Self Storage and CubeSmart’s $540 million New York City deal with Storage Deluxe.

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In March, Neighbor.com announced it had raised $53 million in a Series B funding round to help its ambition to become the next Airbnb for storage. The Utah-based startup, founded in 2017, allows users to rent out storage space in their properties. The money raised will be used to help fund expanding its network of hosts and renters, a news release said.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 420-5427, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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