|Re: the concept of cohousing v. actual cohousing||<– Date –> <– Thread –>|
|From: Kristen Simmons (simmonskristengmail.com)|
|Date: Thu, 11 Feb 2010 13:16:08 -0800 (PST)|
Anne, Thanks for asking. We are creating cohousing in Boston, Massachusetts, and it’s a great time to get involved in the project! :-) We are Stony Brook Cohousing (SBC), in Boston, MA. We have an option on an old church, known as Blessed Sacrament, in the Jamaica Plain neighborhood of Boston. We are in the early phases of design and cost estimating, but we anticipate that the community will have between 30-37 flats and lofts, ranging in size from studio to 3-bedroom. Four of the homes will be deed-restricted affordable , the remainder will be market rate. The building is already permitted for 37 homes, which saves both time and money. In addition to the typical common spaces for the cohousing group, there will also be community space (with a separate entrance) that can be used by the larger Jamaica Plain community. This is a requirement of the local planning agency. We are excited about the potential to connect with the larger community, especially since another group will be managing all aspects of the space, including finances and liability issues. We are working in partnership with Jon Rudzinski, who founded Rees-Larkin Development in 2008. Jon has extensive experience in affordable and mixed-income development. While a Senior Vice President at Winn Development, he was directly responsible for the successful completion 20 housing developments, totaling over 3,000 units. The group had initially worked with another developer with cohousing experience. Although that relationship did not work out, SBC felt that the benefits of working with an experienced housing developer were enormous. So, the group went out to find a developer who might share our goals and who would be willing to share some risk with the group. SBC was fortunate to find several developers who were interested in working with the group, and we were able to choose to work with Jon. SBC is in a due diligence period right now, for the duration of the option. SBC’s architect is completing the initial schematic design work, so that cost estimates can be obtained. We also need to increase the number of equity member households during this period. If the cost estimates come in on target and the group gets a few more equity households, then the project will move forward rapidly!!!! Since the site is already permitted, construction could begin at the end of this year, and residents move in could happen in late fall 2011. It only took four years to get to this point. ;-) One challenge is that some people who want to move forward struggle with the current economy and future economic unknowns. Any suggestions for potential equity members in the situation? Or professionals the group should seek out for their suggestions and/or information? This is not an uncommon situation: -Folks who currently own homes will need to sell them to move in. They might also have planned to use home equity loans to make a down payment. Their property may have gone down in value, and the housing market is not good. Basically, they have assets, but nothing is liquid. How are other communities dealing with these things? How did the early cohousing communities in the 90’s make it through and get enough members to make the project work? Sorry for such a long response! Anyone who’s interested can email me or call me at the number below. Thanks, Kristen 617-549-0332 www.stonybrookcohousing.org PS: We’re in a big push to update our website and begin getting the word out. Look for more to come! <snip> I hear you. It must be very frustrating wondering what to do to help move your community forward. What community are you with? Where are you located? Are you working w/ professionals? W/ a developer? What stage exactly are you in? Have you actually broken ground? Some specifics on your situation ... and as Sharon says ... a specific question or two will help us help you! Looking forward to hearing more from you about your community, Kristen.
the concept of cohousing v. actual cohousing Kristen Simmons, February 11 2010
- Re: the concept of cohousing v. actual cohousing Sharon Villines, February 11 2010
- Re: the concept of cohousing v. actual cohousing Ann Zabaldo, February 11 2010
Re: the concept of cohousing v. actual cohousing Kristen Simmons, February 11 2010
- Re: the concept of cohousing v. actual cohousing Kristen Simmons, February 11 2010
- Re: the concept of cohousing v. actual cohousing Sharon Villines, February 12 2010
Re: the concept of cohousing v. actual cohousing Jennifer Flynn, February 12 2010
- Options [was the concept of cohousing v. actual cohousing] Sharon Villines, February 13 2010
- Re: Options [was the concept of cohousing v. actual cohousing] Jessie Kome, February 13 2010
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