Building a storage facility may be easier now than it has been in the past five years. With so much of the competition out of the market, top-tier building companies are completing projects faster. And with higher tariffs on pause, now may be one of the best times to lock in pricing before they rise again. But maybe this is your first storage facility construction project or your first facility in general. What should you know BEFORE you start in 2025? 

We brought Forge Building Company, the experts in self storage development, back on the show to give a 2025 update. They’re sharing the biggest opportunities for building in the 2025 market, the pitfalls that only experienced developers know to avoid, how to get your project passed by the city, and what’s happened to material costs since the latest round of tariffs. 

Development demand has shrunk by a whopping 20% - 30%, so this could be the perfect time to get into the game before rates drop and demand skyrockets back up. Plus, Hamish Bell and Melissa Anderson from Forge even share the new types of “space” modern self storage facilities are adding to increase revenue AND make the city happy. 

What you’ll learn in today’s show:

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Attend the Self Storage Income Live Event!  https://www.selfstorageincome.com/live-event 

Forging Ahead: Construction Resilience and Opportunity in 2025 - https://forgebuildings.com/forging-ahead-construction-resilience-and-opportunity-in-2025/ 

Forge Building Company - https://forgebuildings.com/ 

Interested in Building? Email: [email protected] 

📌 Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/

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