An enclosure for telecommunications equipment suitable for below grade use with fiber optic equipment or electrical equipment is described. The enclosure incorporates a cam operated latching mechanism and compression plates to seal the door closed and create a water resistant or water tight seal. The enclosure may be used in a variety of applications, including above and below grade. The enclosure may also include a lift assist system to allow it to be easily raised and lowered from a below grade stowed position to an above grade service position.