Development

More Self-storage Facilities Planned for Metro Denver in 2019

According to an article in the Denver Post, Denver is projected to remain a strong market for self-storage in 2019.

According to to data and analytics firm STR, thirty-seven self-storage facilities opened in the 10-county Denver metro area in 2018, bringing the total operating today to 339. There are also eight more facilities already under construction in the Denver-Aurora-Lakewood statistical area, 12 that are expanding, and 27 more in planning stages.

Much of Metro Denver has expressed their outrage at the number of self-storage units being developed, declaring them unsightly. Arvada, Parker and Denver itself, have adjusted their municipal codes in order to limit where self-storage facilities can be built.

Read the full story here

Image courtesy of Wikipedia

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