A new large-scale self storage operation is now open for business in the Town of Halfmoon. A ribbon cutting ceremony was held on Thursday afternoon.
ValuSpace Personal Storage, owned by Albany-based real estate group the Rosenblum Companies, is located at 1607 Route 9 in Halfmoon. It is Rosenblum’s first project in Saratoga County.
Company officials say they invested $9 million into the project, which consists of a three-story, 91,000-square-foot, temperature-controlled main building and 20,000-square-feet worth of single-story drive-up buildings.
The new business has 618 temperature-controlled units on three floors as well as 114 drive-up storage units that range in size from 25 square feet to 300 square feet to meet the varied needs of homeowners, renters, and small businesses.
The newly constructed facility is centrally located near major retailers on Route 9, between the Walmart Supercenter and Halfmoon Crossing.
The self-storage facility also features modern advanced security systems including personal code-controlled access, high-resolution digital recording cameras and alarmed doors. The building is staffed seven days a week.
"We are excited to welcome the new ValuSpace facility and The Rosenblum Companies to the Town of Halfmoon and Saratoga County,” said Halfmoon Supervisor Kevin J. Tollisen on Thursday. “The Rosenblum Companies are well known in the Capital District for their high quality and innovative commercial development projects and have been a leading force in the economic development success of our region for decades. That is why I am pleased they chose Halfmoon for their latest project and look forward to working closely with them in the future.”
"It was a pleasure working with representatives of The Rosenblum Companies to help bring their unique style and brand of self-storage facility design to the Town of Halfmoon and Saratoga County,” said Rich Harris, head of building, planning and development for the town. “This type of infill commercial development along one of the county’s most heavily traveled corridors represents the type of sustainable planning and economic development that will help Halfmoon and Saratoga County continue to grow and prosper while maintaining our quality of life."
“This multi-million dollar project represents a significant private investment in Halfmoon, and demonstrates the continued strength of Saratoga County’s economy,” said Marty Vanags on Thursday, president of the Saratoga County Prosperity Partnership. “We congratulate Supervisor Kevin Tollisen and The Rosenblum Companies on providing an additional amenity that will serve both current and future residents.”
Seth Rosenblum, chief executive officer of the Rosenblum Companies said that Halfmoon was an opportunity for the company to move into a location where there was a demand for storage facilities, and had space available that would be easily accessible to customers, whether they be businesses or civilians.
"What's important for us is being convenient to our customers," Rosenblum said. Eventually, he said partnerships with local small businesses that utilize storage spaces could be in the works, but for now ValuSpace will focus on getting the business up and running.
"The first step is getting open," he said.
Self storage companies have become a growing industry in Saratoga County over the last few years.
Over the summer, U-Haul announced plans to open its first self storage and retail facility in Clifton Park by 2020.
U-Haul Moving & Storage of Clifton Park is scheduled for completion by fall 2020. It will offer more than 800 indoor, climate-controlled self-storage rooms with high-end security features at affordable price points as part of the three-story, 100,000-square-foot facility. It will be the first U-Haul-owned and -operated facility in Clifton Park.
In June, the Clifton Park Planning board gave approval to Clifton Park-based company Exit-9 Self Storage to expand its business.
Currently located at 2 Crossing Boulevard, Equinox Companies, which owns the business, will construct a new, three-story, self-storage facility with nearly 350 units and six parking stalls at 101 Sitterly Road. Upon completion, the new facility will nearly double the businesses operations.