6 steps you can take to protect against scope gap in your self-storage development
For general contractors, scope gap can be your worst nightmare. Now you are stuck having to go back to the developer or owner to ask for more money. You are at a gridlock in the project because you can't move forward without a solution. This creates delays, makes the developer or owner unhappy, and can cause you to lose sleep every night until the problem is resolved.
To avoid this costly and worrisome mistake, it’s necessary to take the necessary steps throughout construction to ensure you don’t run into any costly surprises later on.
This article will help you navigate the development process of your next self-storage facility so you can side-step the mistakes that most people make in the self-storage industry.
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How much does it cost to build a climate-controlled self-storage facility in 2023
The self-storage industry is very popular with real estate investors and entrepreneurs. There is no shortage of land developers and general contractors looking to capitalize on the industry's growth.
But with the rapid growth of the self-storage market comes challenges. Thanks to the supply chain and high demand, the cost of climate-controlled self-storage construction has been impacted just like everything else.
In this article, we will cover various factors that need to be considered in your budgeting for self-storage development and outline what are the average costs you can expect.
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Top 10 Mistakes Made in Self-Storage Construction
Whether you are building a multi-story self-storage facility or a single-level self-storage building, here are the top 10 mistakes often made when it comes to self-storage construction.
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4 Considerations in Building Climate-Controlled Self-Storage Buildings
As a real estate developer, you want to make sure that any new multi-story self-storage facility meets the demands of its clientele. There are numerous considerations when constructing multi-story buildings, especially if you plan to have indoor and outdoor units.
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