STOCK TITAN

Self-Storage Rooms Coming to U-Haul at Preston Hwy. in Louisville

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

U-Haul at Preston Hwy in Louisville is expanding its services by acquiring a 1.72-acre property to build a multi-story self-storage facility. The new building will feature around 800 self-storage units, including indoor climate-controlled options, and will be completed by 2021. The expansion aims to meet the high demand for self-storage in the area. U-Haul continues to operate essential services throughout the COVID-19 pandemic, supporting moving needs for various groups. The initiative also promises local job opportunities during and after construction.

Positive
  • Acquisition of 1.72-acre property to expand services.
  • Plans for a new multi-story self-storage facility to meet local demand.
  • Approximately 800 self-storage units to be offered, enhancing service offerings.
  • Job growth anticipated with new facility completion.
Negative
  • None.

LOUISVILLE, Ky., June 26, 2020 /PRNewswire/ -- Louisville residents have called on the U-Haul store at 4612 Preston Hwy. for essential do-it-yourself moving products and services since 1977.

Until recently, -40213%2F773053%2F%3Futm_campaign%3Dprnews%26utm_source%3Dreal-estate%26utm_medium%3Dtrucks&a=U-Haul+at+Preston+Hwy." rel="nofollow">U-Haul at Preston Hwy. lacked the space to offer a self-storage product. But thanks to the recent acquisition of a 1.72-acre abutting property southeast of the store, U-Haul is now adding storage options.

Preliminary construction plans for the property call for the creation of a multi-story, state-of-the-art self-storage building. The first floor will feature a covered load/unload area, allowing customers to protect their goods from the weather when accessing their indoor rooms. Plans also call for outdoor drive-up storage units.

"There is a huge need for self-storage in Louisville, so we need to expand to meet that demand," said Christopher Minnich, U-Haul Company of Louisville president. "We look forward to offering a range of options, including indoor climate-controlled units with high-tech security features."

Contact U-Haul at Preston Hwy. at (502) 367-2214 or stop by to visit general manager Gayla Schade and her team. Hours of operation are 7 a.m.-7 p.m. Monday-Thursday and Saturday; 7 a.m.-8 p.m. Friday; and 9 a.m.-5 p.m. Sunday. Reserve equipment at uhaul.com or contact Reservations at 1-800-GO-UHAUL.

Approximately 800 self-storage units at affordable price points will be available when the facility is completed in 2021.

"The abutting property will be transformed into something U-Haul and the City of Louisville can be proud of," Minnich added.

Once the new facility is ready, Minnich expects to hire additional Team Members. U-Haul will look to hire locally to promote job growth within Louisville. Find U-Haul career opportunities at jobs.uhaul.com. U-Haul also encourages local contractors to bid on construction work.

During construction, U-Haul at Preston Hwy. will continue to offer truck and trailer sharing, moving supplies and boxes, towing equipment, professional hitch installation, U-Box® portable storage containers, propane and more.

As an essential service provider, U-Haul has remained open throughout the COVID-19 outbreak while offering contactless programs and enhanced cleaning protocols, including added steps for sanitizing equipment between customer transactions. U-Haul products are used daily by First Responders; delivery companies bringing needed supplies to people's homes; small businesses trying to remain afloat; college students; and countless other dependent groups – in addition to the household mover.

Please visit uhaul.com/announcement for more information on how U-Haul is keeping its Team Members and customers safe during the summer moving season.

About U-Haul

Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of 22,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 167,000 trucks, 120,000 trailers and 43,000 towing devices. U-Haul offers nearly 697,000 rooms and 60.7 million square feet of self-storage space at owned and managed facilities throughout North America. U-Haul is the largest installer of permanent trailer hitches in the automotive aftermarket industry, and is the largest retailer of propane in the U.S.

Contact:

Andrea Batchelor 
Jeff Lockridge  
E-mail: publicrelations@uhaul.com  
Phone: 602-263-6981 
Website: uhaul.com

"Cision" View original content to download multimedia:http://www.prnewswire.com/news-releases/self-storage-rooms-coming-to-u-haul-at-preston-hwy-in-louisville-301084458.html

SOURCE U-Haul

FAQ

What is U-Haul planning at its Preston Hwy location in Louisville?

U-Haul is building a multi-story self-storage facility at its Preston Hwy location, acquiring a 1.72-acre property to meet local demand.

How many self-storage units will U-Haul's new facility offer?

The new facility is expected to feature approximately 800 self-storage units.

When is U-Haul's new facility expected to be completed?

The completion of the new self-storage facility is anticipated in 2021.

How is U-Haul continuing operations during the COVID-19 pandemic?

U-Haul has remained open by providing contactless services and enhanced cleaning protocols.

What job opportunities will arise from U-Haul's expansion in Louisville?

The expansion is expected to create additional job opportunities as U-Haul will hire locally for the new facility.

U-Haul Holding Company

NYSE:UHAL

UHAL Rankings

UHAL Latest News

UHAL Stock Data

12.93B
108.58M
60.9%
37.45%
0.78%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
Link
United States of America
RENO