DXD Capital JV Starts Work on Storage Facility in San Antonio
Completion is scheduled for 2027.
A partnership between DXD Capital and Olympus Ventures has broken ground on La Cantera, a 117,687-square-foot self storage development in San Antonio. CAPCO General Contracting leads construction, with completion scheduled for spring 2027.
La Cantera will feature 916 climate-controlled units, averaging 95 square feet, across three stories. Amenities will include a parking area and three levels of ground-floor loading. Extra Space Storage will oversee day-to-day operations at the storage property. The company currently manages 89 percent of DXD’s operating portfolio.
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The development is at 19130 Talavera Ridge, just off Interstate 10 and near Loop 1604. The Rim—one of Texas’ most-visited shopping centers—is 1 mile north of the construction site. The property is adjacent to Joint Base Camp Bullis, a 28,000-acre military training camp. Downtown San Antonio is some 17 miles south.
San Antonio storage pipeline ticks up
A total of 2,759 self storage properties were underway in all stages of development as of January, according to a recent Yardi Matrix report, out of which 681 were under construction, accounting for 2.5 percent of the total stock. During the same month, facilities under construction totaled 50.4 million net rentable square feet, down 0.1 percent month-over-month.
San Antonio’s under-construction pipeline accounted for 3.5 percent of total stock in the first month of 2026, a 20-basis-point uptick month-over-month. The metro was among only two nationwide that registered a monthly increase in construction. From January 2025 to January 2026, San Antonio’s deliveries accounted for 4.4 percent out of the total stock, above the national 2.5 percent figure.
Recent self storage industry trends point to a moderation of development activity, partly to avoid oversupply. Last year proved to be a period of stabilization for the sector, especially after the pandemic-fueled development boom. Construction starts began to slow down, particularly in the high-growth Sun Belt markets, where demand remains solid amid sustained population growth.
