Development Workshop: Building Phase

Monday, April 1 from 1:00 PM to 5:00 PM « Back

For the second consecutive year, we’ve divided our popular Development Workshop into two four-hour sessions to allow a deeper dive into critical aspects of planning and building.

Once you know your land is suitable for self-storage development, you need to maximize it for the best customer experience and return on investment. This workshop will explain important building strategies for any type of project. Our presenters will address considerations for traditional and multi-story construction, conversions, and facility renovations and expansions. Discover which approach is right for your investment with insight from this group of experts.

Agenda
1 p.m. – Overview/Introduction
1:30 p.m. – Traditional Construction
2:15 p.m. – Multi-Story Construction
3 p.m. – Break
3:15 p.m. – Conversions
4 p.m. – Renovations/Expansions
4:30 p.m. – Conclusion and Q&A

You’ll learn:

  • Building types to consider for better site coverage and return on investment
  • How to examine building quotes and make informed comparisons
  • The pros and cons of common building materials and roof types
  • The types of foundations commonly used in self-storage and why
  • Market feasibility of multi-story projects
  • Economic considerations related to multi-story construction
  • Multi-story design trends that matter
  • Multi-story building mistakes to avoid
  • Why conversions are great opportunities for new or small investors
  • How to identify optimal conversion opportunities
  • The benchmark numbers to use when analyzing a conversion
  • How to estimate net rentable square feet, income potential and operating expenses for conversions
  • Which features to include to make a conversion customer-friendly
  • Conversion mistakes to avoid
  • How to assess current value and identify future income through renovation
  • Design and property considerations related to renovations
  • The impact expansions can have on cash flow and value
  • How to overcome challenges encountered during expansion projects


Credits: 0


Event Type: View All Other Education > Session


 
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