Financial News
Preserving Youngstown: U-Haul Shares Plans for Historic Ward Bakery
U-Haul® is unveiling plans to expand self-storage options in Youngstown with the acquisition of the historic Ward Bakery building at 1024 Mahoning Ave.
The 101-year-old building, now U-Haul Storage of Youngstown, was purchased July 22. It will be operated remotely by parent store U-Haul Moving & Storage of Youngstown, just across the street.
Renovations are scheduled to be completed by spring 2025.
U-Haul Company’s Adaptive Reuse program will be implemented to refurbish the property while constructing up to 800 climate-controlled storage units with high-end security features. The building’s exterior will be preserved to maintain as much of the original character as possible.
This is the second U-Haul adaptive reuse project in the city. The former Isaly’s Dairy plant is now U-Haul Moving & Storage of Youngstown.
“We are honored to preserve a second piece of Youngstown’s past while giving it a new purpose,” stated Alissa Nider, U-Haul Company of Akron president. “Our customers needed more self-storage options, so we are thrilled to provide another Adaptive Reuse property that can accommodate the growth we are seeing in northeast Ohio.”
To secure self-storage at this and other facilities, download the U-Haul app or contact Reservations at 1-800-GO-UHAUL.
Nider intends to hire up to six Team Members to support the new store. U-Haul will look to hire locally to promote job growth in the Youngstown community. U-Haul, honored as a Best for Vets employer by The Military Times, actively recruits veterans and gives them preference in the hiring process. Find U-Haul careers at uhauljobs.com.
Acquisition of the Ward Bakery was driven by U-Haul Corporate Sustainability initiatives: U-Haul supports infill developments to help local communities lower their carbon footprint. The adaptive reuse of existing buildings reduces the amount of energy and resources required for new-building materials and helps cities reduce their unwanted inventory of unused buildings.
About U-HAUL
Founded in 1945, U-Haul is the No. 1 choice of do-it-yourself movers with more than 23,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to 188,700 trucks, 139,400 trailers and 43,700 towing devices. U-Haul is the third largest self-storage operator in North America with 1,004,000 rentable units and 86.8 million square feet of self-storage space at Company-owned and -managed facilities. U-Haul is the top retailer of propane in the U.S. and the largest installer of permanent trailer hitches in the automotive aftermarket industry. Get the U-Haul app from the App Store or Google Play.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240731681652/en/
Contacts
Yasmine Esparza
Jeff Lockridge
E-mail: publicrelations@uhaul.com
Phone: 602-263-6194
Website: uhaul.com
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