Though South Park has succeeded, Hobbs said, the Fairdale area now has an overabundance of self-storage outlets. South Park has 100 units, with 10 currently open. Typically, they are full, he said. The one factor that continues to spur the growth, however, is the growing demand for all sizes and types of storage space, operators said. Anderson said he thinks Greater Louisville still has room for more storage operations, even in his territory, the East End.
People have more and more things and are running out of space in their houses and apartments.
Phillip Scherer, president of Commercial Kentucky Inc., a commercial real estate firm, agreed with Anderson's assessment. And people are moving into smaller homes, patio homes and homes without basements. Anderson said Toonerville has 181 units, with an additional 200 under construction and plans to build more, for a total of between 900 and 1,000 units. Currently, they are 93 percent full, he said. It's cheaper for them to store it here and come and get it.