Spice storage beside the stove?

It seems a small but "hot" thing in kitchen design these days are thin, pull out racks for food storage.....one my designer has recommended is a pull out beside the range for storing my spices. Now, it seems to me that it would get warmer there beside the oven than in other places in the kitchen (i.e. another storage cupboard) -- and that wouldn't be good for my spices. Then I thought about storing oils there, but that seemed like a disaster waiting to happen.

Am I right in thinking that beside the oven would be a bad storage place? Some people are telling me it's not a big deal, but I think they are choosing style over function. I do like the idea of the thin-ish pull out rack of shelves narrow enough not to get too crowded, but in place of spices I might keep bins of utensils (like tongs, flippers, ladles, or slotted spoons). Any other ideas for things we might want right next to our range, but won't be damaged by being stored right next to the range?

I'm getting a kitchen reno done that includes expanding into the under-used room next door, more than doubling my 50 ft2 kitchen to about 275 ft2. I'll be putting the (electric induction) range in an island -- can't move it because of condo rules -- and including a 30 ft2 walk in pantry.