A national developer is constructing a five-level self-storage facility along St. Paul’s Green Line, just off University Avenue and Transfer Road.

Cascade Storage Partners recently pulled a building permit to construct a 129,000-square-foot self-storage building at 2109 W. University Ave., north of Metro Transit’s light-rail line. In an announcement last year, major investors Jernigan Capital said they put $12.6 million into the project, which will be climate-controlled and feature a two-story drive-through on ground level. The building will fill an empty lot.

Jernigan described the immediate area as “underserved” for self-storage and noted that an estimated 56 percent of area residents live in multifamily housing.