OLEAN, NEW YORK, SEPTEMBER 28, 2023: Cornell Capital Holdings, a leading private investment firm, celebrated a momentous occasion with its partner, Legacy Developers LLC, with the grand opening of Allegany Crossing Self Storage, a 100,000-square-foot facility strategically located in the heart of Allegany. The ribbon-cutting ceremony was attended by esteemed politicians, residents, and business leaders.
Located off Highway 86 on State Road 417, Allegany Crossing Self Storage, a $13 million facility, is designed to cater to the diverse needs of the community. Featuring 60,000 square feet of climate-controlled indoor storage space and additional areas dedicated to retail, commercial, and light industrial tenants, the facility offers a versatile solution for individuals and businesses alike.
“Building a self storage facility on a parcel of land that sat vacant for years, and in the area I grew up, is something I am proud of,” expressed Dana Cornell, CEO and Founder of Cornell Capital Holdings. “I’ve applied the same investment approach that I have employed at a national level when building Allegany Crossing Self Storage, offering investors upside potential while adding to the local community.”
Joe Evangelisti, CEO of Legacy Developers, shared his excitement: “I am proud to partner with Dana and the Cornell Capital Holdings team to transform the former Kmart Plaza into a modern, state-of-the-art self storage and mixed-use facility.”
Life Storage will manage the self-storage facility. For more information about Allegany Crossing Self Storage, please visit their website.
