Development

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.


  • One on OneWith Michael Skrentney
    One on OneWith Michael Skrentney Michael Skrentny is currently president and part owner of Mystic Systems Technology Corp. (MSTC), a Scottsdale, Ariz.-based company that provides management software, access and alarm systems to the self-storage industry. He has been with ...More
    July 1, 2000 Posted in Articles, Development
  • State of the Industry ReportA look into the year 2000
    State of the Industry ReportA look into the year 2000 By Teri L. Lanza "I never think of the future. It comes soon enough." ~Albert Einstein That it does. A year ago, Inside Self-Storage conferred with industry experts--crooned to the crystal ball, so to speak--in ...More
    January 1, 2000 Teri L. Lanza Posted in Articles, Development
  • The Riddle of 'Location'
    The Riddle of 'Location' By Harley Rolfe The buzz these days is playing Q & A--you give the answer, then guess the question. Ready? Here's the answer: Location, location, location. I know, you've heard that one, but an old adage applies here: "You have to ask the ...More
    January 1, 2000 Harley Rolfe Posted in Articles, Development
  • Buying Contaminated?Effectively managing environmental issues that affect property purchases
    Buying Contaminated?Effectively managing environmental issues that affect property purchases By Michael D. Frede Many people involved with real estate in the self-storage industry are familiar with how environmental liabilities can significantly affect the profitability and ...More
    December 1, 1999 Michael D. Frede Posted in Articles, Development
  • Store Wars: The Saga ContinuesA development update on self-storage in Phoenix
    Store Wars: The Saga ContinuesA development update on self-storage in Phoenix The Phoenix real-estate market is in its sixth year of a flourishing self-storage boom. The most elusive element with any cycle is knowing when it has reached its peak and the slide downward has ...More
    December 1, 1999 Posted in Articles, Development
  • Wrap it Up...
    Wrap it Up... I have one of those mothers who spends more time wrapping her holiday gifts than she actually spends picking them out. She's meticulous. The paper must be appropriate to the receiving individual. The ribbon must be an impeccable match. Don't forget the ...More
    December 1, 1999 Teri L. Lanza Posted in Articles, Development
  • 1999 Spotlight on Top Operators
    1999 Spotlight on Top Operators This year in our August issue of Inside Self-Storage, we were pleased to identify 116 of the nation's top self-storage operators in our annual Top Operator List. At the very top of that list are 10 companies that represent superior quality in ...More
    April 1, 1999 Posted in Articles, Development
  • Inside Self-Storage 9/99: DOMICO
    DOMICOThe Future of Self-Storage Software DOMICO, a provider of management software to the self-storage industry, is celebrating its 15th anniversary this year. This fall the company will release its third product, DOMICO 2000, which will incorporate all of the ...More
    April 1, 1999 Glenn Hunter Posted in Articles, Development, Technology
  • Inside Self-Storage 4/99: National Development Services Inc.
    National Development Services Inc.Designing and building a future in self-storage A developer of self-storage facilities, National Development Services Inc. (NDS) has completed more than 125 projects throughout the United States since the company's inception in 1987--that's ...More
    April 1, 1999 Posted in Articles, Development
  • High Maintenance
    High Maintenance You get out what you put in. Ever hear that? Of course you have. Whether you're talking about a class, a computer, a car, a relationship or your own business, if you don't take care of it, it won't take care of you. My first car was a 1973 Dodge Dart, lime ...More
    February 1, 1999 Teri L. Lanza Posted in Articles, Development