LaTerra Development has proposed to build two self-storage facilities totaling 135,065 square feet and one of them will be in Van Nuys.
The facility, to be built at 14876 W. Raymer St., would see the demolition of two structures — spanning 23,120 square feet and 2,396 square feet — in order to make way for a three-story, 76,885-square-foot self-storage complex.
The other self-storage site will be built in Mar Vista.
Based in Los Angeles, LaTerra has a pair of large-scale developments in the works in the San Fernando Valley. In Burbank, at the former site of the Fry’s Electronics store at 2311 N. Hollywood Way, LaTerra is building the Burbank Aero Crossing, a mixed-use property that will see 862 apartment units, 152,000 square feet of office, and 9,700 square feet of restaurant space. The project has a 2025 completion date.
LaTerra also has 573 apartments going up at 777 N. Front St. in Burbank in a joint venture project with QuadReal Property Group.