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.

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Exeter, England, Residents Annoyed by Self-Storage Facility That 'Glows Like the Sun'

Mar 19, 2019

Lok’nStore Group PLC, which operates more than 30 self-storage facilities in the United Kingdom, is opening a new facility in Exeter, England, next month that residents are calling a “ridiculous” eyesore that “glows like the sun.” The facility in...

Self-Storage Project Viability: Considerations for Determining 'Go' or 'No-Go'

Mar 19, 2019

If you’re looking to develop a self-storage facility, it’s imperative to first research the market. Your examination of overall conditions can tell you whether the project should get the green light—or red.

Grand River Mini-Storage Expands in Howell, MI

Mar 13, 2019

Grand River Mini-Storage in Howell, Mich., is expanding this spring, displacing two businesses that currently lease two buildings on its property. The owners plan to add a three-story, climate-controlled building containing 150 units at 2440 W...

Using the Design-Build Construction Method in Self-Storage

Feb 27, 2019

Some self-storage developers and owners are taking a different approach to their ground-up projects by using the design-build method. Learn how it differs from the traditional “plan-and-spec” system as well as the rewards and risks.

Self-Storage Operators in Miami-Dade County, FL, Could Face New Painting, Window Requirements

Feb 22, 2019

Update 2/22/19 – Miami-Dade County officials have postponed a hearing on possible changes to self-storage painting and window schemes. Commissioner Jean Monestime, the primary sponsor of the measure, agreed to a voluntary deferral “following...

Cebu, Philippines, Gets Its First Self-Storage Facility

Feb 21, 2019

Construction has begun on the first self-storage facility in Cebu, Philippines. Called StorageTown, the three-story building on Sacris Road in the village of Cabancalan in Mandaue is expected to open in November. It’ll comprise 10,000 square...

Bluebird Self Storage to Develop Multiple Toronto Facilities

Feb 20, 2019

Update 2/20/19 – In addition to the four self-storage facilities that were developed through its partnership with NYX, Bluebird plans to build six more properties in the GTA...

SmartCentres/SmartStop Self-Storage Partner on Canada Projects

Feb 15, 2019

Update 2/15/19 – SmartCentres has added two more self-storage developments to its JV with SmartStop, bringing the total to six. The sites are in Brampton and Scarborough, Ontario, Canada, according to a press release...

Dark Times Ahead for Kansas City, MO, Self-Storage Market, StorageMart Reports

Feb 13, 2019

StorageMart, which operates more than 200 self-storage properties across Canada, the United Kingdom and the United States, has predicted a downturn for the Kansas City, Mo., self-storage market during the next one to three years. Though the area...

Benchmark Secured Storage Opens New Facility in Hartland, WI

Feb 12, 2019

Update 2/12/19 – Benchmark has opened its new facility in Hartland, Wis. The property contains five buildings comprising 47,000 square feet of storage...

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