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Self Storage Forecast: Slowdown in Starts In the first half of 2025, self storage construction starts continued their slowdown, declining 12.8% compared to the same period in 2024. That marked an improvement, however, from last year, when the decline was 22% over the same period the previous year. Looking forward, the Yardi Matrix development pipeline data indicates a continued tepid response, with the prospective pipeline declining while the deferred pipeline and number of projects abandoned remain elevated.
In the first half of 2025, self storage construction starts continued their slowdown, declining 12.8% compared to the same period in 2024. That marked an improvement, however, from last year, when the decline was 22% over the same period the previous year. Looking forward, the Yardi Matrix development pipeline data indicates a continued tepid response, with the prospective pipeline declining while the deferred pipeline and number of projects abandoned remain elevated.
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