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.
Stor-It-Now Opens in Valparaiso, Ind.
Two commercial developers in Valparaiso, Ind., recently opened Stor-It-Now!, a self-storage facility with 660 units and 75,000 square feet. ...More
NDS Construction Builds Noah’s Ark Self Storage & RV Storage in San Antonio
NDS Construction, a general contracting company for commercial and residential real estate, was awarded the construction contract for the first phase of the new Noah’s Ark Self Storage & RV Storage in southeast San Antonio. ...More
Council Approves Self-Storage Development in San Mateo, Calif.
The city council in San Mateo, Calif., Monday approved the redevelopment of a 3.5-acre site that will include housing and a three-story self-storage facility. ...More
Canadian Residents in Donald Oppose Self-Storage Project
Residents in Donald, Ontario, Canada, are opposed to the development of two self-storage buildings behind an old distribution center being renovated, claiming it would alter the flavor of the hamlet. ...More
Self-Storage Owner Honored for Conversion of Coca-Cola Building
A self-storage owner who’s converting a former Coca-Cola bottling building in Pennslyvania into self-storage was recently honored with a 2010 Historic Preservation Awards from Historic York Inc., a nonprofit organization dedicated to preserving historic architecture in York ...More
Detroit Planning Commission Considers Self-Storage Conversion
Detroit Planning Commission Considers Self-Storage Conversion Nolan Realty Investments is hoping to convert a one-story office building in Detroit into a three-story drive-through self-storage facility. ...More
ezStorage Self Storage in Maryland Absolves Neighbors' Concerns, Gets City Approval
After discussing the impact a self-storage development would have on the neighborhood, the planning board in Burtonsville, Md., last week approved the site plan for an ezStorage Self Storage facility. ...More
Mustang Self Storage to Develop Facility Near Mall in Oklahoma City
A self-storage developer purchased a 5-acre parcel of land next to a shopping mall in Oklahoma City, Okla., to develop a 93,000-square-foot self-storage facility. ...More
Opening of Chester Heights Self-Storage in PA Delayed Again
Chester Heights Self-Storage Center in Chester Heights, Pa., is facing more hurdles, once again delaying the facility’s grand opening. ...More
California Developer Gets Approval for Self-Storage Conversion
Redtree Properties received approval from the city council to turn a row of vacant offices in Capitola, Calif., into a two-story self-storage facility with 820 units. ...More