From Hot Suburban Communities To Self Storage Development, Orlando Is Recognized In Multiple Areas In 2023
Orlando, known as the vibrant heart of the Sunshine State, had quite a noteworthy year in 2023 in several aspects. The greater Orlando area boasts a unique blend of attractions, which helped it get ahead of many other urban hubs in Florida and across the United States.
It got accolades for its quality of life, with its cozy suburban settings with city-like perks. Orlando also has a booming construction market, from housing to retail and storage space development. With Orlando being a popular destination for newcomers, the area has seen a jump in interest in self storage, making it a hot spot for storage demand. It also continued to be a favored destination for snowbirds in 2023.
Orlando’s construction market is one of the hottest in Florida
Orlando has secured the 11th position among the best locations for real estate development, sharing the spotlight with fellow Florida cities like Jacksonville and Tampa, which claim the seventh and 15th spots, respectively.
Despite its comparatively smaller population when compared to the top 20 cities in this category, Orlando has managed to outshine major metropolises such as New York City, Chicago and Los Angeles. This success is attributed to its diverse economy, driven by tourism, services and advanced-technology sectors, positioning Orlando as a dominant player in commercial real estate construction.
Over the past decade, Orlando has added nearly 22M square feet of new industrial space and 8.8M square feet of new retail space to its real estate inventory. Additionally, the self storage construction sector in Orlando has flourished, resulting in the creation of nearly 3.3M square feet of additional storage space from 2013 to 2022, with the peak occurring in 2019 when 935K square feet of new space was added. Furthermore, over the past decade, the city has issued 9,000 building permits for single-family homes and more than 20,000 permits for new apartments.
Orlando suburbs shine with city-like perks
Maitland, Orlando FL
Two greater Orlando area suburbs shine in the top 10 Florida cities for a city-like lifestyle.
Maitland, ranking sixth on the list, combines small-town charm with a thriving community and plenty of business opportunities. Recent data shows an accelerated construction rate, with 12.2 building permits issued per 1,000 residents. The past five years brought a 13% population growth, resulting in a high population density of 3,565 people per square mile. Maitland boasts 66 businesses per 1,000 people, offering ample local business opportunities. Furthermore, its proximity to Orlando provides access to jobs and entertainment, and the availability of office and coworking space facilitates remote work.
Additionally, Lake Mary secures the 10th spot, with a remarkable 72% dominance of single-family homes in its local real estate market, one of Florida’s highest concentrations. This suburb is celebrated for its low crime rate and top-tier public schools. Over the past decade, Lake Mary has seen a surge in residential construction, evolving into an economic hub with extensive office, retail and industrial spaces. With a median household income of $94,770, Lake Mary’s economic prowess is hard to miss.
Orlando ranks among the top U.S. cities with the highest interest in self storage in 2023
This image was generated with the help of GPT-3.
Orlando ranked 15th among U.S. cities for self storage interest in 2023, with 25.7 web searches per 1,000 residents. This reflects the city’s 6.74 square feet of self storage space per capita and a 2.7% population growth from 2020 to 2022. High interest in self storage is common in areas with population growth, as seen in Orlando.
Check out all available storage units in Orlando.
Orlando is a prime escape for snowbirds
Orlando’s warm climate, famous attractions and affordable living make it an attractive destination for snowbirds. With 61% of its housing units available for seasonal or rental use and an average temperature of 66.4 degrees Fahrenheit from October to March, it’s ideal for those seeking milder weather. The city offers lifestyle activities, including extensive park space — 503.5 square feet per capita — and numerous golf courses, shopping and dining options.
Nearby Clermont ranks 10th nationally for snowbirds, offering 74% housing for seasonal residents, pleasant temperatures with low precipitation, excellent air quality and a low crime rate.
Kissimmee, ranking 14th, provides 81% of its housing for seasonal use, good air quality, 313.6 square feet of park space per capita and a median rent of $1,252, lower than the state average.
For those who prefer a suburb with beautiful beaches, Sanford is an excellent choice. It boasts 12 beaches to choose from and an average temperature of 65.8 degrees Fahrenheit from October to March.
Snowbirds will also find convenient storage solutions for their seasonal items. Many storage units are available in these cities, with rates ranging from $102 to $115 for a 10’x10’ non-climate-controlled facility.
StorageCafe Now Has a Dedicated Storage Unit Price Guide
If you’ve ever tried to figure out whether a storage quote was fair, you know the problem. You see a monthly rate, but you have no way to tell whether it’s a deal, a premium-level price, or right in line with the market — and pricing tools that give you real context are surprisingly hard to find.
StorageCafe’s Industry Trends Page: A Sharper Look at the Market
When it comes to self storage, the hard part is finding data that’s both current and retrospective, both granular and sweeping, but also — and most importantly — trustworthy enough to act on. After all, national averages age quickly, and the numbers that move decisions live at the metro and submarket level. Regularly refreshed and highly authoritative, StorageCafe’s Self Storage Industry Trends page exists to close that very gap for professionals in the self storage sector, as well as real estate reporters and journalists. It brings live, nationwide market data into one place and breaks it down city by city, drawing on the same intelligence the professional side of the business relies on. Here’s what it covers and why it’s worth keeping open in a tab.
Scuba Gear Storage Guide: Keep Your Kit Dive-Ready
The best way to store scuba gear is in a cool, dry, shaded space where equipment can hang or lie flat without compression. Salt residue, moisture, heat and UV exposure are the main causes of premature breakdown in neoprene, rubber and metal components. Rinsing thoroughly after every dive and allowing everything to dry completely before storage prevents most long-term damage.
Large Storage Units Explained: How to Know What Size You Need
Large storage units start at the 10’x20’ and climb from there. The 10’x20’ is the most common — the familiar lock-up garage you see at nearly every facility. Above it sit the 10’x30’, 20’x20’, and 20’x30’ plus specialist spaces for storing boats, RVs and commercial equipment.
How StorageCafe’s Boat Storage Directory Helps You Find the Right Space
You’d think finding boat storage would be straightforward. Type something into Google, get a list of nearby facilities, pick one. In practice, it rarely works that way. Most search results surface generic self-storage pages where the largest unit tops out at 10’×10’ — fine for a couch, useless for anything on a trailer. You end up calling around just to find out who takes boats.
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How to Store a Boat in Self Storage: Types, Costs & What to Look For
Storing a boat in self storage comes down to four decisions: how far the facility is from your launch point, what type of storage suits your climate (outdoor, covered, or indoor), how to prepare the boat before storing it, and whether the facility’s security and access hours fit how you use your boat. First-time owners who think through these factors before signing a lease tend to get significantly more use out of their boat.
Temporary Storage During Emergencies: What to Know Before You Need It
When a hurricane’s bearing down, a wildfire is closing in, or floodwater has already reached your front door, the last thing you want to be doing is figuring out where to put your stuff – but that’s exactly when people find themselves scrambling for temporary storage.
How to Store Sweaters
Knowing how to store sweaters correctly — folded flat, kept in breathable containers and away from moisture — is what separates a knit that lasts a decade from one that pills or gets eaten alive by moths after a single season.