Aspects disclosed in the detailed description include storage resource management in virtualized environments. In this regard, in one aspect, a virtualization layer is provided in a storage controller as an interface between one or more clients and a storage device. The storage controller is configured to trap storage resource requests from a client. A virtualized resource manager creates a virtual resource allocation that corresponds to a physical resource allocation in the storage device. The client receives the virtual resource allocation from the virtualization layer and subsequently accesses the virtual resource allocation through the storage controller as if the client were the sole user of the storage device. By trapping the storage resource requests at the storage controller and providing the virtual resource allocations to the one or more clients, it is possible to share compatibly the storage device among the one or more clients in a virtualized environment.