Lynd Development Plans to Construct $30 Million Self-Storage/Retail Project in Miami

Lynd Development Group, LLC recently announced plans to build an eight-story, $30 million mixed-use project off U.S. 1 in Miami featuring a state-of-the-art self-storage facility. The company has been approved for 127,923 square feet of storage and 6,025 square feet of ground-floor retail in the Dadeland submarket.

“Lynd is excited to add self-storage as an asset class to our platform,” A. David Lynd, CEO of Lynd Development Group. “It was a natural fit as my partner Constantine has developed several projects in South Florida. This is our first storage deal under Lynd, but it’s the 5th for the team. We feel that storage is a good complement to our core residential business since most renters and homeowners have excess property they won’t give up yet it won’t fit in their homes.”

After signing a 99-year ground lease for the property, Lynd plans to begin construction in about eight months and take about a year to complete. 

The property is adjacent to the Datran Center and Shorty’s BBQ, slated to be redeveloped into a luxury apartment building. The development will serve businesses and residents in the area, where storage facilities are either banned or limited.

“This is a prime location as there is very little competition in the immediate area,” Constantine Scurtis says, Lynd’s Chief Investment Officer, who has been working on entitlements and rezoning for the U.S. 1 site, which received approval. “It will be Miami’s only storage facility that fronts busy U.S. 1 and will provide direct access to the highway, whether you are coming or going. We also expect the retail to perform well since the vacancy rates in this submarket are low and there is no new construction planned.”  

“With South Florida’s recent boom in population, we need more indoor storage capacity for people to put their belongings,” Scurtis says. “Having completed storage projects over the past few years, we have a good feel of what the market is looking for.”

You May Also Like
Puttshack Highlights Sensory Inclusion for Autism Acceptance Month

From April 1-30, Puttshack, where guests can enjoy tech-infused mini golf, food and drinks — will donate 20% of each 9-hole mini golf game booked through puttshack.com/kcfundraiser directly to KultureCity to support its mission of

Read More
The Business of Design: DCOTA Spring Market Hosts Industry-Leading Panel

“The Intricacy of Design Across Diversified Industries” event brings together top South Florida leaders on March 12.

Read More
36th Annual Celebration of Authors and Books in Fort Lauderdale

‘Literary Feast’ brings authors to raise funds for the Broward County Library system

Read More
Broward Partnership to Host Annual Salute to Leadership: “Gala in the Glades” Event

The March 29th Event plays an important role in advancing Broward Partnership’s mission to reduce homelessness.

Read More
Other Posts
A Night of Flavor and Philanthropy: Ann Storck Center’s Celebrity Chefs Event Set for May 2, 2025

Local chefs, live performances, and exclusive experiences come together for an unforgettable evening at Seminole Hard Rock.

Read More
Enjoy a Flavorful Comeback at Hereford Grill

Iconic Miami Restaurant Will Open in Spring 2025 Under the Da Silva Hospitality Banner,

Read More
Boys & Girls Club to Celebrate 14th Annual “Claws for Kids” Fundraiser on May 6

The event, held in memory of Judy Kramer at Joe’s Stone Crab, will benefit the Boys & Girls Clubs of Miami-Dade, supporting vital programs and services across its six clubs and sites.

Read More
Mutra Brings a Melting Pot of Flavors to Miami

The new North Miami restaurant by Chef Raz Shabtai brings a bold and innovative take on kosher dining, blending global flavors, fresh farm-to-table ingredients, and deep culinary traditions inspired by his Israeli heritage.

Read More