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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BCPStor Development LLC Builds Energy-Efficient Self-Storage Facility in Cranston, RI

Oct 29, 2018

BCPStor Development LLC has built an energy-efficient self-storage project at 950 Phenix Ave. in Cranston, R.I. Completed in July, the facility features insulated metal panels (IMPs) on two buildings and a rooftop solar-panel system on its three...

Augusta Storage Opens Georgia Mixed-Use Project Containing Self-Storage, Retail and More

Oct 26, 2018

Update 10/25/18 – Augusta Storage has opened the self-storage component of its mixed-use project in the former Wrightsboro Plaza shopping center. The redevelopment was completed shortly after the center’s last tenant, Dollar General...

What It Takes to Be Successful With a Self-Storage Conversion Project

Oct 26, 2018

When developing self-storage, a conversion project can offer significant advantages over new construction—under the right conditions. Learn what makes a good conversion property as well as what to do to ensure project success.

New Orleans Experiences Self-Storage Development Boom

Oct 25, 2018

New Orleans is experiencing a flurry of self-storage development, with at least 16 projects underway comprising more than 1 million square feet of new storage. The construction activity is in line with what many other large cities with unmet...

Metro Development Self-Storage Proposal Stirs Controversy in Philadelphia

Oct 23, 2018

Self-storage acquisition and development firm Metro Development Co. is facing controversy over its plan to build a six-story facility near the new $10 million Rail Park and several apartment buildings in Philadelphia. The zoning board of...

Burlington Self-Storage to Break Ground in Lake Worth, FL

Oct 23, 2018

Burlington Self-Storage, which operates six facilities in three states, will soon begin construction on a 168,500-square-foot facility in Lake Worth, Fla. The 4.5-acre property at 4829 and 4849 Lantana Road formerly housed a plant nursery and...

Moorseville, NC, Town Board Approves One Self-Storage Project, Rejects Another

Oct 18, 2018

The Mooresville, N.C., Town Board this week approved a conditional zoning change to allow a self-storage project from developer Morrison Suites LLC but denied a similar request from Your Self Storage LLC (YSS). Morrison Suites intends to build a...

Snapbox Self-Storage to Convert Former Shopping Mall in Hamilton, NJ

Oct 16, 2018

Snapbox Self Storage, which operates 29 facilities in 10 states, will convert a vacant mall to self-storage in Hamilton Township, N.J. The company has received zoning approval to renovate the 43,000-square-foot structure and add more than 38,500...

Assembling a Team of Winners to Play the Self-Storage Development Game

Oct 16, 2018

Assembling a self-storage development team isn’t much different than putting together a winning sports lineup. Follow these tips to create a team that’s built for project success.

Quinlan Development Group to Build CubeSmart Self-Storage Facility in Hillside, NJ

Oct 15, 2018

Quinlan Development Group LLC (QDG), a privately held real estate investment and development firm, is building a self-storage facility in Hillside, N.J. The property at 591 N. Union Ave. will comprise 1,162 climate-controlled and 41 traditional...

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