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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Development Hiatus Proves Positive for Houston Self-Storage Businesses

Oct 22, 2019

Self-storage rental rates in Houston have increased 2.3 percent thus far this year, after declining more than 10 percent in the last two years. The uptick has coincided with a slowdown in facility development, reducing the amount of new rental...

Asia Self-Storage Operator Storefriendly Uses Robots, Other AI in Marketing, Operation

Oct 22, 2019

Update 10/22/19 – Storefriendly has released a new ad campaign that not only highlights its GObots self-storage service but displays the power of artificial intelligence (AI). Advertising agency UltraSuperNew Singapore Ptd. Ltd. used an AI program...

Self-Storage Development Firm Taylor/Theus Names New Partner

Oct 16, 2019

Taylor/Theus Holdings Inc., a self-storage developer and owner, has named Steve Moffat as a third partner, joining Tyler Colpini and David Ellison. In this role, Moffat will focus on identifying and analyzing acquisition and development...

Self Storage India Expands With Facilities in Noida and Gurugram

Oct 15, 2019

Update 10/15/19 – Self Storage India is aiming to open its third facility in the coming months, this time in Gurugram, Haryana, India. The facility will offer units ranging from 50 to 300 square feet. It’ll employ contain fire- and pest-prevention...

Self-Storage Development and Zoning Activity: July 2019

Oct 14, 2019

Update 10/14/19 – Clay Pond Acquisitions received unanimous site-plan approval from the Bourne Planning Board on Sept. 26, getting the permit it requires for its self-storage conversion project in Monument Beach, Mass. The developer agreed to the...

Self-Storage Development and Zoning Activity: August 2019

Oct 14, 2019

Update 10/14/19 – The Ridgefield Planning and Zoning Commission approved Saber’s self-storage plans as well as the wetlands application for the Ethan Allen Highway project. Commissioners voted 5-1 on Oct. 2 in favor of the developer’s plan. In his...

UK Self-Storage Operator Storage Giant Announces Aggressive Expansion Plans

Oct 14, 2019

Update 10/14/19 – Storage Giant will complete three of its expansion projects by the end of the year, according to a recent source. The company will open a second phase at its facilities in Cannock and Telford, England, and a third phase that’ll...

Hampshire Cos. Joins Forces With Harrison Street to Develop Self-Storage

Oct 14, 2019

Update 10/14/19 – The joint venture between Hampshire and Harrison Street has because construction on its second project, a ground-up development in Hillsborough, N.J. Expected to be complete in February, the facility at 141 US-206 will comprise...

Sky Real Estate to Build Mixed-Use Self-Storage Project in Overland Park, KS

Oct 09, 2019

Update 10/9/19 – Overland Park officials have struck an agreement with Sky Real Estate on new deadlines for the Metcalf Crossing mixed-use project. The developer is required to clear the vacant hotels off the site by Nov. 30, and redevelopment...

ISS Store Featured Product: New Self-Storage Development Video Set

Oct 08, 2019

The conflagration of new self-storage development in recent years has created an elaborate labyrinth owners and builders must navigate to achieve project approval and operational success. The Self-Storage Building 2019 Education DVD Package, which...

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