STUDY GROUP III

This is a timeline for a cohousing project starting in the Fall of 2016 with a move-in date of 2020:

Study Group III will then run from July – December, 2017 as a policy-making process during which members discuss and decide how they are going to live together; e.g. Pets, who takes care of whom, when, how; common meals; shared resources, and so on. During this period, members will arrange for the creation of the condominium legal structure and financing.

 

By mid-2018, the group will be ready to sign a Purchase Agreement through a turnkey arrangement with a Developer involving an estimated $6000 investment per household in order to get all the necessary approvals with the City. Once the approvals are finalized, 70% sales are required to begin construction (approximately 1 year). Units and membership will be pre-sold, as with any condo development, but to participating members only. If all goes well, members can expect to move into their units in 2020.

This site was designed with the
.com
website builder. Create your website today.
Start Now