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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 11/20/20 – 1784 Capital opened the Scottsdale Promenade Self Storage facility in Scottsdale, Ariz. Completed, the project comprises 140,600 square feet in 1,094 units. The site will be managed by real estate investment trust Life Storage...
Update 11/20/20 – Storage Authority completed phase two of its project in Mulberry, Fla. An additional 18,900 square feet brings the facility’s total to 88,350. It also contains 31 outdoor vehicle-storage spaces. The company is also planning phase...
Square Storage LLC, a developer of mixed-use projects that feature self-storage, is offering opportunities to participate in its $10 million Square Storage Fund I. Open to accredited investors, the fund seeks to convert vacant retail space to...
A lot goes into developing a self-storage project—many tasks and responsibilities to juggle. Success will depend on the strength and abilities of your professional team. Learn the critical roles to fill to ensure the building process goes smoothly.
Update 11/4/20 – The Worcester Planning Board voted unanimously on Oct. 28 to recommend the self-storage zoning amendment to the city council. Stephen Rolle, an assistant chief development officer for the city, told planners the measure will help...
Though self-storage professionals haven’t been able to gather in normal fashion this year, career development and industry intelligence continue to be critical paths to success. We at Inside Self-Storage have been hard at work producing education...
Every self-storage development has its challenges, but few are as aggravating as the zoning process. Learn what to expect when dealing with your city and steps to take to win project approval.
The Inside Self-Storage (ISS) Store has just released 28 new education videos on a wide range of high-demand, industry-relevant topics. Available in on-demand and DVD formats, the sessions feature industry experts addressing all segments of the...
Jim Bacon, owner of Bacon Self Storage in St. Augustine, Fla., is seeking zoning approval to build a hotel in the wooded area behind his recently opened facility. Plans for Air Tree Inn at 1700 Wildwood Drive include 30 treehouse units connected...
Update 10/27/20 – The Mayfield Heights City Council gave preliminary approval to a new site plan for Molchan’s self-storage project on Golden Gate Boulevard. Though the developer received variances in early 2019 to include the existing 28,000...