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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Self-Storage Development and Zoning Activity: February 2019

May 10, 2019

Update 5/10/19 – The self-storage development proposals submitted by Baranof Holdings and REC Hopkinton LLC were rejected this week. In Richmond, the city council voted 4-0 against the Baranof project, though there was one abstention and two...

UK Self-Storage Operator Storage Giant Announces Aggressive Expansion Plans

May 06, 2019

Storage Giant Ltd., which operates nine self-storage facilities in the United Kingdom, plans to double its number of locations by 2020 as part of an aggressive expansion plan. The company will add 11 new locations in the U.K., as well as 47,770...

3 Common Design Challenges in Self-Storage and How to Overcome Them

May 02, 2019

See how a strategic, imaginative approach to developing self-storage can help you overcome these three common design challenges.

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Self-Storage Conversion Case Study: How Keylock Storage in Reno, NV, Hit the Lease-Up Jackpot

May 01, 2019

In this case study from Janus International Group, discover why Keylock Storage chose to convert a former Kmart store in Reno, Nev., to drive-through storage, and the role automation and security technology play in this modern facility. Learn...

Self-Storage Development and Zoning Activity: April 2019

Apr 30, 2019

Update 4/30/19 – 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 more activity...

Former Jefferson Court Motel Slated for Self-Storage Conversion in New Castle, PA

Apr 26, 2019

Update 4/26/19 – Members of the New Castle City Council expressed puzzlement this week over the progress and allowable timeframe for the $50,000 conversion of the former Jefferson Court Motel. Though Taft has installed electrical, added a new roof...

New Haven, CT, Officials Restrict Self-Storage Development With Special-Use Permits

Apr 24, 2019

Update 4/24/19 – The New Haven Board of Alders approved the text amendment that was viewed favorably by the planning commission in February. Self-storage developers who wish to build in the city’s central business/medical, heavy-industry, light...

Opportunity Zones: A New Self-Storage Investment Option With Great Tax Benefits

Apr 24, 2019

Self-storage investors seeking tax benefits should consider acquiring or building facilities in opportunity zones, which were created in 2017 to spur economic development in distressed communities. See how this option can help you grow your...

Applying the Lean Construction Method in Self-Storage: 6 Principles to Reduce Cost, Waste and More

Apr 20, 2019

Using the lean construction method created by Toyota, self-storage developers can reduce project time, disruptions, waste and costs while enhancing productivity and work efficiency. Learn the six key principles behind this approach.

Garfield County, CO, Officials Reject 2 Self-Storage Development Proposals

Apr 18, 2019

Update 4/18/19 – Garfield County commissioners on Monday denied the Blue Mountain and Go Self Storage proposals, agreeing with staff recommendations and public opposition. Though the commission was somewhat split on the Blue Mountain project, it...

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