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.
Update 11/19/18 – The McCann Road conversion is expected to be complete in the first quarter of next year, according to the source. The $1.6 million project received approval from the city council in September, according to a source. The facility...
The Garfield Township, Mich., Board of Trustees unanimously rejected a zoning change last week that would have paved the way for U-Haul International Inc. to convert a vacant Kmart store into self-storage. U-Haul had planned a $10 million project...
Coda Management Group, a development firm that specializes in self-storage conversions, has partnered with private investors to acquire a two-story commercial building in Toledo, Ohio, that will be redeveloped into a storage facility. The 88,000...
Self-storage developer JSM Venture Inc. has purchased a vacant Kmart in Zion, Ill., for $2.3 million that it intends to convert to self-storage. Plans for the 90,426-square-foot structure at 3355 Sheridan Road include 69,750 rentable square feet...
A self-storage feasibility study is more than just a collection of maps, data and information. Learn why an impartial report is necessary for a successful project and what it should include.
Update 11/16/18 – The Rock Hill City Council voted to place a six-month moratorium on self-storage development on Nov. 12, confirming its preliminary decision last month. City staff will now examine which zoning districts, if any, should be...
Township officials in Lower Pottsgrove, Pa., are considering three self-storage projects, including two by Moove In Self Storage, which operates 20 locations in Maryland and New Jersey. The proposed developments are on East High Street, North...
