Latitude Ten Forty Ventures is developing a modern, climate-controlled self-storage facility in Jacó to serve a market of 5,000+ condominiums, most of them owned by part-time North American residents.
The Jacó–Herradura corridor holds one of the highest concentrations of condominiums in Costa Rica — an estimated 5,000+ units, with 70–80% owned by non-resident North Americans.
These snowbirds and vacation homeowners visit one to three months a year and leave behind furniture, vehicles, and surf equipment with nowhere secure to store them.
Latitude Ten Forty Ventures intends to be the first climate-controlled operator in Jacó — a modern, secure, Class A facility positioned along the primary traffic route to Costa Rica's southern Pacific coast.
| Location | Jacó, Puntarenas, CR |
| Asset Type | Class A Self-Storage |
| Unit Mix | Drive-up & interior climate-controlled |
| Site Size | ~12,477 m² |
| Status | Pre-development |
Jacó has matured from a quiet surf town into a hub for tourism, foreign investment, and real estate — roughly a 90-minute drive from San José's international airport.
Highway 34 routes nearly all traffic to the southern Pacific coast — Manuel Antonio, Dominical, Uvita — directly through Jacó.
5,000+ condominium units in the immediate region, including beachfront high-rises and the Los Sueños marina community in Herradura.
70–80% of units are foreign-owned. Today, non-resident owners have no climate-controlled storage option in Jacó.
The Plan Regulador zones central Jacó for commercial use. Foreign owners hold the same property rights as citizens.
Costa Rica: democratic since 1949, a clear national title registry, and equal legal protections for foreign property owners.
Self-storage is well established in comparable expat markets such as Los Cabos and the Riviera Maya.
Market figures are estimates based on the sponsor's research and third-party sources and have not been independently verified.
Two single-story buildings with drive-up and interior-access units, solar on the roof, and a guard house at the entrance.
We're designing a facility that fits Jacó's climate and the needs of part-time residents, and we're working with an experienced in-country team to deliver it.
Schematic design by ORG Diseño y Construcción: two single-story storage buildings on a roughly 12,477 m² site, with a guard house, customer parking, outdoor storage, and landscaped creek setbacks.
Conceptual renderings from the July 2026 schematic design. The final design, unit mix, and site plan are subject to change through design development and permitting.
Latitude Ten Forty Ventures, LLC pairs a hands-on, ground-up self-storage developer with a third-generation real estate executive whose career spans more than $1 billion in development and investment activity.
Brooks has served as lead developer on three ground-up, fully automated, climate-controlled self-storage facilities in Indiana, totaling more than 95,000 net rentable square feet. He took each from site identification and business plan through financing, construction, lease-up, and, for two of them, sale. He leads development and execution for Latitude Ten Forty Ventures and is bringing that playbook, and the operating data behind it, to Jacó.
The Van Arkel Group is a Fort Wayne–based real estate investment and development company specializing in ground-up self-storage and brownfield redevelopment.
For Jacó, Brooks built the construction cost model from The Lloyd’s actual contracts, adjusted for tropical HVAC, imported steel, seismic foundations, and Costa Rican permitting. He sized the solar system from The Lloyd’s metered energy data. He is leading entitlement and design with the project’s in-country architect, attorney, and engineering team.
For more than thirty years, Kevan has led development across residential construction, multifamily, affordable housing, commercial real estate, and mixed-use redevelopment. He is President of Biggs Group, a third-generation, family-owned real estate organization founded more than sixty years ago. Over his career he has participated in more than $1 billion of real estate development and investment activity.
We like to build relationships over time with people who share our interest in real estate. If you'd like to learn more about Latitude Ten Forty Ventures, tell us a bit about yourself and a member of our team will reach out to schedule an introductory conversation.
Prefer email? Reach us directly at invest@latitudetenforty.com.