LADERA RANCH, CA—Michael Schwartz, chairman and CEO of SmartStop Self Storage says the company has broken ground on Ladera Sports Center, a $35 million solar-powered multiuse facility here. The complex—being built on the last available land approved for development in Ladera Ranch, which SmartStop acquired in 2010—is expected to open by summer 2016.

“We are excited to break ground on the Ladera Sports Center, a premier sports center for South County sports groups to finally have a place to call home,” said Schwartz. “Our main priority was to consider the needs of student-athletes by creating a safe, convenient home gym where they can coordinate their study time and workout sessions.”

The approximately 120,000-square-foot complex will be built on approximately four acres next to the 100,000-square-foot SmartStop flagship facility located on Terrace Road. The project will include a 42,000-square-foot storage facility with approximately 230 units; an expansion of the existing adjacent SmartStop Self Storage facility, a private fitness center and more than 15,000 square feet of office space for SmartStop's expanding headquarters.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.