Air Station Storage plans to expand
Air Station Storage plans to expand, building its second storage facility on Virginia Beach Boulevard near Naval Air Station Oceana in Virginia Beach.
The new 71,400-square-foot facility is owned by Davenport Group Real Estate Inc. and Lefcoe Development Co. The site was purchased from the city through a Request for Proposals process.
Air Station Storage will invest more than $4 million in site improvements and construction costs.
The development replaces a former nightclub.
The project is part of the YesOceana program that takes non-conforming properties surrounding Oceana and replaces them with conforming uses.
The YesOceana program was set up in response to the Base Realignment and Closure Commission’s recommendation to close Oceana in 2005.
The program moves nonconforming businesses out of an area near the base and recruits businesses that meet zoning and conformity specifications.
The Air Station Storage expansion is expected to complement neighboring businesses such as Cataldo Builders Inc. and London Bridge Auto Service.
The Virginia Beach Development Authority approved a $80,000 Economic Development Investment Program grant based on the capital investment.
Air Station Storage offers storage services to companies and individuals in Virginia Beach.