Big Yellow Self Storage Company, one of Europe’s leading self-storage operators, today broke ground for the excavation earthworks on what will become the world’s largest purpose-built self storage facility.
The facility which will be operated by Big Yellow FZ LLC; a franchise of UK-based Big Yellow Group PLC, will comprise five buildings, offering a total lettable storage space of 280,000 Sqft2
The state of the art self storage facility will be located in the International Media Production Zone (IMPZ) in Dubai, will not only cater to the needs of the companies within the IMPZ, but also the residential community in the zone and the neighboring developments. The landmark facility will provide round-the-clock storage for residential/personal and commercial/ business use. Customers will be able to lease storage space upwards of 25 Sq. ft. for any kind of goods.
The civil works will be carried out by Core Construction Company Co LLC, and Steel Storage Middle East LLC, who were both singled out by Big Yellow FZ LLC for their quality workmanship, and supportive role during the design phase. The construction is expected to be completed in 12 months.
The ground breaking ceremony was attended by senior management from Big Yellow FZ LLC, Core Construction Company, IMPZ and Steel Storage Middle East
Ryan Cornelius, Chairman of Big Yellow FZ LLC said: “The key ingredient for success in any building project is finding the right design team, and a construction company who understands the local conditions, as well as what the client is trying to achieve. This is clearly the case with Core Construction and Steel Storage, as they have both undertaken many successful projects globally and regionally. This facility will be one of the most advanced warehousing structures in the Middle East. The Big Yellow brand is known for its high spec customized buildings, and it was imperative that we found the right build team”
Ihab Al-Ramlawi, Managing Director for Core Construction Company Co, said “The project is perfectly suited to cater Dubai market and Core team is proud to participate in bringing this Facility to reality. The unique Venture between all parties involved in this project will bring up a an impressive team of professional builders whom are privileged to work on of the most distinguished and high profile projects in the region.
Fahad Hareb, Operations Manager of IMPZ said “The unique concept of the self storage is completely new to this part of the world and we are proud to have the presence of a leading operator such as Big Yellow in IMPZ which is of immense value to our business partners and to our future residents. The Business partners and the residents of IMPZ could utilize the services of this world class operator thus bringing a new standard in community facilities & services.
About Big Yellow Self Storage Company
Big Yellow FZ LLC is a franchise company of Big Yellow Group PLC, the leading quality self-storage group in the UK. Big Yellow PLC has pioneered the latest generation of self-storage facilities, which use state of the art technology and are located in high profile, convenient locations. Since its launch in 2000, Big Yellow expansion has been organic with 6 to 8 new stores added each year. Till date, the Big Yellow Group has acquired 58 stores of which 42 are now open. The group aims at expanding its portfolio to provide over 3.6 million sq. ft. of storage space. With market capitalization of over £600m on the London Stock Exchange, the Group’s strategy is to continue to invest in quality assets at the premium end of the self storage market and expand its reach internationally.
About International Media Production Zone (iMPZ)
Dubai’s International Media Production Zone (iMPZ) seeks to create a unique cluster environment of media production companies from across the industry value chain, and from across the world, to interact and collaborate effectively, catering exclusively to companies in the 3P industries – Printing, Publishing and Packaging. As a master developer, iMPZ will provide an environment of growth by building key facilities, investing in infrastructure, and forming a unique free zone that incorporates industrial, commercial and residential and community service projects under its mantle. The complex will be housed on a territory of over 43 million square feet of land, in the heart of commercial Dubai. The iMPZ initiative is part of Dubai’s vision to develop itself into a global media hub. As such, it will provide a pro-business environment, sophisticated technology and community infrastructure to support and foster growth of media production.
