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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.
Many self-storage operators have embarked on property expansions in the past year as their units filled up and demand increased. But just adding new inventory doesn’t mean the space will magically be rented. You need to get the word out and...
Officials in Clarkstown, New York, are considering a code change that would allow new self-storage facilities in the city’s retail corridors. The aim is to stimulate economic development as the area’s retail landscape continues to shrink...
Many self-storage customers love the convenience of a drive-up unit, but they also enjoy the comfort and protection a climate-controlled environment provides. Must they choose between the two? Not anymore! Discover a cost-efficient way to...
UB Stratford I LLC completed construction of a net-zero-energy self-storage facility in Stratford, Connecticut. Managed by self-storage real estate investment trust (REIT) Extra Space Storage Inc. and branded under its name, the facility at 70 E...
The coronavirus has spurred a surge in the sale of recreational vehicles, which can translate to an amazing opportunity for the enterprising self-storage operator. If you’re interested in building large units to accommodate boats and RVs, here’s...
Benton, Arkansas, officials are considering an alteration to the city’s zoning structure that would reclassify self-storage as C2, which is a conditional use. If passed, the change would require that any new developments receive approval from the...
Update 7/7/21 – 2507 Dundas Storage GP Corp., an affiliate of Canadian self-storage operator Dymon Storage Corp., has withdrawn its zoning-change application for the proposed self-storage project at 2507 Dundas St. W. in Oakville, Ontario. The...
Building a self-storage project isn’t a solo endeavor. Your development team is critical to realizing your vision and ensuring a successful outcome. Here’s an overview of the essential roles to consider when assembling your winning lineup of...
Forge Building Co., a provider of steel buildings for self-storage and other commercial sectors, is developing 10 new self-storage projects in its home state of Idaho. In all, the company has more than 45 builds planned nationwide for the next...
Update 6/30/21 – The global self-storage development pipeline continues to be extremely dynamic. Inside Self-Storage regularly covers new projects being planned and approved as well as zoning and other municipal issues. Following is additional...