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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Middletown, MD, Officials Approve Self-Storage Zoning-Ordinance Changes

Aug 28, 2019

Update 8/28/19 – Middletown commissioners unanimously approved an ordinance on Monday that makes self-storage a primary use in the town’s code. It also defines the terms “personal property,” “self-storage units” and “storage.” ...

ISS, Janus Launch 2019 Webinar Series Focused on Self-Storage Facility Modernization

Aug 28, 2019

Update 8/28/19 – The third summer webinar hosted by ISS and Janus, “Modernizing Your Self-Storage Facility Through Renovation: Execution and Benefits,” will take place at 3 p.m. ET on Sept. 19. It’ll be presented by Troy Bix, president of the...

Sylios Corp. Enters Self-Storage Market With Macon, GA, Development

Aug 27, 2019

Sylios Corp., a holding company specializing in oil and natural-gas properties, has entered the self-storage sector with the development of a new facility in Macon, Ga. The company plans to acquire or develop three to four more properties before...

New State Capital Partners Acquires Majority Stake in Self-Storage Builder Mako Steel

Aug 26, 2019

Private investment firm New State Capital Partners LLC has acquired a majority stake in Mako Steel Inc., which designs, supplies and installs self-storage and boat/RV-storage buildings nationwide. Mako CEO Caesar Wright and vice presidents James...

The Jenkins Organization Plans Several Self-Storage Facilities in Austin, TX

Aug 23, 2019

Update 8/23/19 – The Jenkins Organization has completed construction on its Northgate self-storage project in Austin. The finished structure is larger than initially reported, comprising 129,000 square feet. The facility includes three stories and...

Moratorium on Self-Storage Development Imposed in Coon Rapids, MN

Aug 20, 2019

Update 8/20/19 – The Coon Rapids City Council plans to extend its moratorium on self-storage development another six months. The ordinance will go into effect on Sept. 7, according to city attorney David Brodie. The postponement will give the...

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.

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