The Hangar sells storage areas for as a lot as $1.6 million for a 3,756-square-foot space
https://www.carscoops.com/writer/bradcarscoops-com/
by Brad Anderson
1 hour in the past
What do you do when you personal a fleet of exotics however don’t wish to retailer them at residence? Nicely, when you reside in Florida, you may retailer them at an unique facility often called ‘The Hangar,’ an institution made up of privately owned storage areas and dwellings that may preserve your automobiles secure.
The Hangar is the brainchild of Scott Cunningham and first opened a facility in Riviera Seaside. This web site is residence to 41 particular person models the place homeowners can retailer automobiles, bikes, and another prized possessions they might have. The Hangar is now constructing a second facility close to Palm Seaside Worldwide Airport that will probably be 5 occasions the dimensions and function the final word playground for rich locals.
Talking with Robb Report, Cunningham says he bought the thought for The Hangar whereas at a personal airport hangar in Florida. Owned by his pal, the hangar didn’t simply have planes but in addition automobiles and different memorabilia. Cunningham needed to copy the texture of this hangar and supply automobile collectors a substitute for storing their automobiles at warehouses in industrial parks.
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Provided that the suites are owned and never rented, members of The Hangar can customise them and make them really feel like a second residence or the final word man cave.
“We’ve bought individuals who spent nicely over one million {dollars} on a 2,000-square-foot place, simply constructing it out; with $100,000 wine cellars for a million-dollar assortment – and that’s earlier than the primary piece of memorabilia or automobile goes inside,” Cunningham mentioned.
The second facility takes issues to a brand new degree and can embrace personal golf and driving simultaneous, 150-inch TVs, boardrooms, and a billiard room. Members may even have entry to an onsite concierge, a catering kitchen, and profit from 24/7 live-monitored safety.
As you may in all probability think about, shopping for a space for storing in The Hangar isn’t low-cost. The truth is, costs for areas on the new web site begin at $799,000 for a 1,828-square-foot space or $1.6 million for a 3,756-square-foot house.
