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Development

The development of a self-storage facility generally begins with a comprehensive market analysis of the proposed project area, followed by assembling a strong team, and working with municipalities to meet zoning, design and code requirements. Owners might consider a multi-story building to maximize their footprint, or select a mixed-use project to widen their options.

Highlights
Hampden, MA, Residents Oppose Neighboring Self-Storage Projects
Nov 30, 2021
Update 11/30/21 – Hampden residents continue to strongly oppose a pair of self-storage projects proposed for abutting parcels. A group called Save Hampden raised new concerns about water-supply contamination for the development at 2 Somers Road...
Self-Storage Development and Zoning Activity: October 2021
Nov 23, 2021
Update 11/23/21 – The Islip Town Council voted against a rezoning that would’ve allowed Safeguard Self Storage to develop its facility in Sayville, New York, on the site of the former F-14 Sports Complex. The Sayville Chamber of Commerce and...
Self-Storage Development and Zoning Activity: August 2021
Nov 23, 2021
Update 11/23/21 – Away Cheltenham Ltd. received approval to move forward with its plans to convert a former Lidl supermarket in Cheltenham, England, to self-storage. The revised design calls for a purpose-built office in lieu of the shipping...
Real Estate Developer Peterson Cos. Launches Self-Storage Division
Nov 17, 2021
Peterson Cos. (PC), a real estate development firm based in Fairfax, Virginia, has launched an official self-storage division. The new department, the company’s first in 35 years, will be led by Jim Mertz, senior vice president, according to the...
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