Re: management services vs self-management at the building stage | <– Date –> <– Thread –> |
From: R Philip Dowds (rpdowds![]() |
|
Date: Thu, 7 May 2015 07:12:37 -0700 (PDT) |
In terms of finding professionals who can help groups with developing cohousing, keep in the mind the three rules: Location, location, and location. Which in this instance means, LOCAL expertise. Local experts one may need include: Realtor(s): Somebody with good working knowledge of the regional terrain and zoning, to help find and secure a suitable piece of land. Real Estate Attorney: Somebody knowledgeable of the regulatory context and the authorities having jurisdiction, capable of assisting with securing local permits and approvals. Land Surveyor and/or Licensed Environmental Specialist: Engineers who can prepare certified plans and qualifying conservation or remediation programs, as may be needed to secure permits. Construction Contractors: There is a market for international contractors working around the world, but it’s not the coho market. The cohousing project will be built most efficiently and economically by somebody whose offices are not too far from the construction site. Maybe there is a wonderful builder in California who has built three successful cohousing communities, but it probably won’t make sense to hire him/her for a project in Montana. Finance: For land acquisition; for construction; and for take-out (end sale mortgage). Might be three different sources. In any event, a key principle of good banking practice is LOCAL, where the person making the lending decision can meet the people s/he’s lending to, and see the land furnished as collateral. If one’s project talent is not local, then expect to pay more for the costs of overcoming distance. Even so, these higher costs may be warranted if they provide access to parties deeply experienced in the singularities of cohousing. These might include: Marketing Consultant: Somebody who knows how to reach and attract investors and buyers, especially in markets where cohousing is unfamiliar — and thus help expand the core group (which is usually significantly smaller than the number of dwelling units it hopes to build). Project Manager and/or Financial Planner: Somebody conversant with the “big picture” of real estate, who can work out schedules and budgets intended to guide and coordinate the actions of all. A cohousing project schedule and budget doesn’t readily fit the “templates” for residential development pro formas, so this requires either prior experience, or ingenuity. Architect: Good architects can learn their way into a novel building program, and do this all the time. However, experience with particular building type is always an important advantage, and there are clearly a increasing number of specialist designers from which to choose. (Note, however, this does not apply to all the design consultants: There is no reason why the structural engineer needs to know anything at all about cohousing.) As somebody who has worked his entire career as a consultant, I can report that my willingness to engage with any particular client has always been influenced a combination of project attractiveness, distance, client credibility (which does NOT directly correlate to group size or financial resources), and fee appropriateness. R Philip Dowds (Cornerstone Cohousing) 175 Harvey Street, Unit 5 Cambridge, MA 02140 land: 617.354.6094 mobile: 617.460.4549 email: rpdowds [at] comcast.net <mailto:rpdowds [at] comcast.net> > On May 7, 2015, at 8:58 AM, Fred H Olson <fholson [at] cohousing.org> wrote: > > Unlike 20 years ago when this list started there are now cohousing > professionals to do / help with various parts of developing a cohousing > community in some locations. > > Is there a document listing cohousing professionals, WITH what aspects of > the process they do sort of like what Sharon wrote above but covering > many pros? > > Other things that would be useful in such a document are: > 1) an outline of the aspects of formation/development coordinated wtih the > listing proposed above. > 2) examples of how multiple pros could be engaged to complete a development > 3) the geographic areas various pros are willing to work > 4) minimum core group size / minimum group wherewithal / minimum stage of > formation that pros are willing to work with > > Note that 3 & 4 might be interrelated - willingness to work further from > home base with a more solid group. > > In my opinion the big challenge that I am not aware of pros to help > with is the very early stage of finding interested/committed/motivated > people to form a core group. And then there is the challenge of > finding those people willing to move on forming a cohousing community > at the same time. There seems to be interest in being a part of > cohousing but not right now... > > Fred
- Re: management services vs self-management at the building stage, (continued)
- Re: management services vs self-management at the building stage R Philip Dowds, May 6 2015
- Re: management services vs self-management at the building stage Elizabeth Magill, May 7 2015
- Re: management services vs self-management at the building stage R Philip Dowds, May 7 2015
- Re: management services vs self-management at the building stage Sharon Villines, May 8 2015
- Re: management services vs self-management at the building stage Jerry McIntire, May 8 2015
Results generated by Tiger Technologies Web hosting using MHonArc.