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.

Using Creativity and Innovation to Overcome Less-Optimal Self-Storage Parcels

Aug 16, 2019

Not all land parcels are ideal for a self-storage development. However, owners and builders who take an innovative approach to site layout can find solutions to maximize space and add value.

Milford, CT, Officials Restrict Self-Storage Development Following Moratorium

Aug 15, 2019

Update 8/15/19 – The Milford Planning and Zoning Board unanimously adopted changes to the city’s zoning regulations last week that’ll restrict new self-storage development to the Housatonic Design District, a mixed-use industrial zone along the...

Watch Out! Preventing (and Insuring) Disasters at Self-Storage Construction Sites

Aug 09, 2019

A self-storage construction site is a dangerous place. Two recent accidents highlight the need for precautions as well as why you need to insure your project in case disaster strikes.

The Insurance You Need to Protect Your Self-Storage Project While in Development

Aug 08, 2019

Building a new self-storage facility comes with risk, some of which can be mitigated with the right insurance coverage. Before construction begins, owners and developers should understand their policy options, and which are best.

Rethinking Your Self-Storage Construction Timeline and Budget

Jul 31, 2019

The time and cost required to build a self-storage facility have changed drastically in the past few years. Don’t be caught unaware! You need a realistic view of what to expect before you begin your next project.

Self-Storage Development and Zoning Activity: March 2019

Jul 30, 2019

Update 7/30/19 – Construction is underway on the two-story Citadel Self Storage project in the Locust Hill neighborhood of Lexington. Expected to open in early 2020, the facility will comprise 85,000 square feet in 700 units. It’ll also contain...

A Million Points of Light: The Benefits of Laser Scanning for Self-Storage Conversion Projects

Jul 23, 2019

The empty buildings found around the country might provide a wonderful opportunity for self-storage conversion, but these projects can come with unique design challenges. By employing laser-scanning technology, developers can create a more...

Hampshire Cos. and Former NJ Governor Christie Launch Opportunity-Zone Fund to Build Self-Storage, Other Properties

Jul 22, 2019

Hampshire Real Estate Cos., a private real estate investment firm and self-storage operator, has partnered with former New Jersey Gov. Chris Christie and his wife, Mary Pat Christie, in launching a quality opportunity fund (QOF) targeting...

Busting 9 Common Misconceptions About Self-Storage Development

Jul 13, 2019

If you’re thinking about building a self-storage facility, you might have some preconceived notions about the process. The author busts some common misconceptions and shows you what to really expect.

Storage Deluxe Builds 7-Story Self-Storage Facility in Bayonne, NJ

Jul 10, 2019

Update 7/10/19 – Storage Deluxe has completed construction on its seven-story self-storage project in Bayonne. The property at 186 E. 22nd St. is adjacent to a retail strip center and near a recently opened Costco. It’s also within 1.5 miles from...

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