The development of a self-storage facility generally begins with a comprehensive market analysis of the proposed project area. New owners and/or developers will usually hire a third-party specialist to conduct a detailed feasibility study, which will identify market demographics and other key metrics to determine the viability of self-storage in a particular location. Once a site is chosen, an engineer and architect are hired to design a self-storage facility that will maximize the investment in the land, including the site layout and unit mix. The developer, builder and/or owner may need to meet with local residents and the planning and zoning board to discuss the community impact of the project and the aesthetics of the individual buildings, including landscaping, building height, door color, etc. Owners might consider a multi-story building to maximize their footprint, or converting a building from another use to self-storage to widen their options.
A-1 Self Storage Plans Multi-Story Facility in Alhambra, Calif.
A-1 Self Storage has announced its plans to build a multi-story facility in Alhambra, Calif., a suburb of Los Angeles. The structure will have 74,868 square feet and offer more than 700 storage units on .66 acres of land. ...More
Self-Storage Developer Westport Properties Names Byerly President
Westport Properties Inc., a California-based real estate developer and self-storage operator, has appointed Charles Byerly as president and chief executive officer, replacing company founder Barry Hoeven in those roles. ...More
Stor-Age Develops Self-Storage Facility in Johannesburg, South Africa
Stor-Age, the largest operator of self-storage facilities in South Africa, has begun development on a self-storage facility in Constantia Kloof, a suburb of Johannesburg. ...More
Comforts and Conveniences Make Boat and RV Storage Bigger, Fancier and More Profitable
Boat and RV storage has evolved greatly in the last few years. New developments are building in amenities that differentiate them from the facilities constructed a decade ago, and existing operators are adding features that are helping them compete. ...More
Self-Storage Developer to Create $50M Gotham Mini Storage Facility in Manhattan
Self-storage developer Broadway Storage LLC is set to convert a 140,000-square-foot building in midtown Manhattan, N.Y., into a $50 million facility. ...More
Important Do's and Dont's of Self-Storage Site Design and Unit Mix
Site design and unit mix are two of the most important aspects of self-storage development. This article identifies key considerations for building a successful self-storage project, and decisions that must be made before construction begins. ...More
Self Storage Group Development to Convert Six-Story Building in Connecticut
Self Storage Group Development LLC (SSGD) has broken ground on a six-story building conversion in Bridgeport, Conn. ...More
Stor-Age Develops New Self-Storage Facility in Cape Town, South Africa
Stor-Age, the largest operator of self-storage facilities in South Africa, has begun development on a new self-storage facility in Pinehurst, a residential township in Cape Town’s northern suburbs. ...More
Stor-Age Opens Self-Storage Facility in Centurion, South Africa
Stor-Age, the largest operator of self-storage facilities in South Africa, recently opened its newest location in Centurion, South Africa. Construction of the two-story, 9,300-square-meter facility began last November and took eight months to complete. ...More
Business Owner to Convert Salvage Yard into Self-Storage Facility in Busti, N.Y.
The owner of a salvage yard received permission last week from Busti, N.Y., officials to pursue a self-storage project on the property that now houses Casel Auto Wrecking. ...More