bustedflipflops t1_izs4fll wrote
Investors/corporations often erect storage facilities on property to offset costs while holding long term.
Natty-Bones t1_izse00v wrote
This seems to be missed on this thread what they are often just a placeholder until local market conditions change
Dr_Midnight t1_izvq1n0 wrote
> This seems to be missed on this thread what they are often just a placeholder until local market conditions change
In Woodlawn, on Security Blvd., when Best Buy closed up shop in 2016, there was talks about seeing what else could replace it. A storage facility moved in. It has been there ever since.
In Owings Mills, there used to be a Giant in Newtown. It closed and moved to where the Mall used to be - across from the (then new) Costco. The site has sat empty since with residents in that area asking for something like a Lidl (which I believe did recently open up in Reisterstown). Last I knew, a storage facility was slated to move in there as well, but was being blocked by residents.
In Cockeysville... well... we're in this thread aren't we?
I used to say this at work when someone proposed something temporary: "Temporary measures have a bad habit of becoming permanent fixtures around here."
dangerbird2 t1_izte6i0 wrote
Yeah, that area is pretty oversaturated with chain restaurants and retail. Turning it into storage pays the property taxes until that shopping center can get completely redeveloped
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