New Storage Facility to Fill Vacant Mall,
Improving Appearance and Delivering Higher Ratables
It’s been dormant for the past five
years after the Mega Dollar store at the location closed, but Hamiltonians have
long noticed “the old Cost Cutters site”
struggle to gain occupancy. But thanks
to a recent approval, this noticeable vacancy is primed to be revitalized.
Under a plan that will completely
renovate the existing 43,000 square foot building and add over 38,522 square feet
in additional space, the Hamilton Township Zoning Board’s approval of a new
Snap Box self-storage facility will not
only fill a long vacant site, but will also entail site plans that will
aesthetically enhance the appearance of the White Horse-Mercerville Road
property and increase its commercial ratables.
“To see that one of our most
visible vacancies will be filled is great news; and in the process, this
project will help to enhance the appearance of the property and yield us more
commercial ratables,” explains Mayor Kelly Yaede.
Encouraging Activity at Neighboring Upper Mall (“old ShopRite site”)
The plans for the “old Cost Cutters
site” may also be good news for the neighboring upper mall property – which is
separately owned – and formerly including a ShopRite grocery store.
“After learning about plans for the
neighboring property, representatives of the upper mall site expressed a desire
to have a preliminary conversation with our administration regarding the future
of the site, which is also great news,” says Mayor Yaede.
2nd Recent Revitalization Announcement
The new Snap Box project is the
second, recent announcement of a revitalization of a vacant site, as an
approval of Mayor Yaede’s rehabilitation plan for a long vacant gas station
site at Hamilton’s newly reconstructed White Horse Roundabout, was narrowly
approved by the Township Council.
Private developers hope to revitalize that long-vacant site with a super
Wawa that could include both a convenience store and a gas station – if an
application is ultimately approved by the Hamilton Township Planning Board.