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.
Burke Development and TDAK Development Inc. have a 6.5-acre property under contract in Seffner, Fla., on which they plan to build a self-storage facility. It’ll be city’s first new storage project in 18 years, according to a press...
Smaller self-storage markets are often more approachable for new facility development. Learn the pros and cons of these opportunities, and how to make secondary and tertiary sites financially viable.
Bermuda Self Storage has opened in the town of St. George’s on St. George’s Island, Bermuda. Owner Kerry Davison believes the 48-unit facility on Ferry Road will appeal to homeowners who rent their properties through accommodation...
Update 10/5/18 – The Jenkins Organization continues to expand its self-storage footprint in the Austin market. The company is adding about 30,000 square feet of climate-controlled and traditional space to Leander Storage north of the city...
Property owners Dennis and Diane Rex are seeking approval to build a self-storage facility on their 16-acre parcel in Sennett, N.Y. The husband and wife team will present their plan to the zoning board of appeals (ZBA) in November, according to...
Update 10/4/18 – A little more than a year after acquiring the former Kmart building in Muncie, Ind., U-Haul has opened a new 2,500-square-foot showroom. Once the conversion to self-storage is complete, U-Haul Moving & Storage of...
Update 10/4/18 – Generation4 has begun construction on its SpareSpace self-storage project on N.W. 30th Street. The facility is now expected to be complete next summer...
Update 10/4/18 – Construction is underway on the Northwest self-storage project at 62939 N. U.S. Highway 97, previously referred to as the development planned for N.E. Third St. The three-story, $6 million project will comprise 80,000 square...
