OCTOBER 2019: WE HAVE SOLD THE LAST UNIT! On October 14th, 2019, we received reservations on the final two units for CohoMadison. So we have officially sold out!
It has been a very long process getting to this point. And it has truly been a team effort. Our development partners Adam Chern and John Young have been wonderful to work with. Our architect Jim Glueck has gone where few architects dare to go -- designing a building in collaboration with all the folks who will be living there. Our mortgage lenders have been amazing -- as has our construction lender (Monona Bank). The affordable units would not have been possible without the assistance of Linette Rhodes and Ethan Tabakin from the City of Madison. And CohoMadison's attorney David Sparer has provided wise counsel all along the way.
I want to thank all of these people -- as well as our buyers, who as part of a cohousing community have contributed countless hours to this project.
Greg Rosenberg, Project Manager
SEPTEMBER 2019: With continued good weather, construction is moving full steam ahead. And with Winnebago Street reconstruction complete, you can stop by the building to take a look for yourself. The building exterior is nearing completion, site work is in full swing, and we're nearing the completion of the first units. And we're also very excited about progress on our sister project next door, Madison Circus Space -- where they hope to move in at the beginning of October.
FEBRUARY 2019: REOPENING MARKETING! After a short hiatus, we are ready to market the remaining units at CohoMadison, as well as to provide an opportunity for folks to get on the waiting list for already reserved units.
If you are interested in finding out more about our project and community, our next orientation session will be held on Saturday, March 9th, from 1 to 4 PM at James Reeb Unitarian-Universalist Congregation (2146 E Johnson St, Madison, WI 53704).
At this orientation, we will provide an overview of the project, describe pricing and availability of units, and review the steps in the reservation process. In addition, we will provide an introduction to cohousing and condominiums, and discuss eligibility requirements for the affordable homes at CohoMadison. And we will provide information on how our cohousing community works, as well as on decision making and addressing conflict.
This orientation is a mandatory requirement if you are interested in submitting a reservation application for a unit at CohoMadison. Approximately three weeks after this orientation, we will begin to accept reservation applications on a rolling basis. So if you are interested in purchasing a home at CohoMadison, you will want to attend the March 9th orientation session.
Advance registration is requested, as it helps us to plan for the event. Here's the link to the registration form.
DECEMBER 2018: WELCOMING NEW MEMBERS! We held our third round reservation lottery on December 6th, and we're pleased to say that we've added 11 new member households. This brings the total number of reserved units to 40 -- with five units remaining to market in 2019.
We will have more information to share about our remaining units come January -- as well as opportunities to get on the waiting list -- so please stay tuned!
The Basement Is Enclosed! On December 11th, the structural topping was poured on the first floor slab, which means that we now have a fully enclosed basement. Come January, you'll see the carpenters putting up our wall assemblies, which will be a lot of fun to watch.
NOVEMBER 2018: THE FOUNDATION IS JUST ABOUT FINISHED! Despite the recent stretch of cold weather, we've seen a lot of progress on the building foundation. As always, you can check out the construction webcam to see what's going on.
Reservation Applications: On November 19th, we'll start accepting applications for the third round of reservations -- for the 16 available units, as well as to get on the waiting list for currently reserved units. After we get through this round, we'll have a better idea what marketing will look like for 2019.
OCTOBER 2018: THE RAIN FINALLY STOPS! With the weather finally drying out after a stretch of historic rainfall, we’ve finally been able to push ahead with foundation work over the last couple of weeks. We’ve now got You can keep an eye on our progress with our construction webcam!
New Units Available: We have four additional units available for prospective buyers: one affordable unit (204), and three market-rate units (206, 303, and 305). Check out our Plans and Pricing page to find out pricing information and to take a look at floor plans.
SEPTEMBER 2018: WE'VE BROKEN GROUND! We had the world's greatest groundbreaking on July 18th -- for the world's only project that combines a circus training center, mixed‐income cohousing, and artist studio cooperative. Check out the video on NBC 15.
Excavation began in earnest on August 20th, which you can follow to your heart's content on the webcam on our homepage. As you might expect, the heavy rains we had the past month have slowed things down a bit.
Marketing for our 9 remaining units will continue through October, with our next day of orientation workshops scheduled for October 27th -- which you can sign up for on our Reservations page.
We're built a brand-new FAQ system -- the CohoMadison KnowledgeBase -- to help answer questions that you may have about the project. So check it out -- and submit a request for any questions that you would like us to address that we haven't already.
JUNE 2018: A whole lot is going to be happening over the next month. We have a construction contract in hand (with Syncromatic Construction), and hope to begin demolition within the next few weeks. And soon thereafter, we'll hold our official groundbreaking ceremony, which will most definitely be an exciting event.
This month, we are reopening the marketing process, welcoming in a new group of Friends of CohoMadison, and offering our several orientation workshops to introduce new folks to cohousing, group process, and the nitty gritty of condominiums and the home buying process. In addition to the nine units remaining (see the Plans and Pricing page), we will also provide folks with the opportunity to get on our waiting lists for reserved units.
We will hold orientation workshop days on July 7th and July 21st. Please go to the Reservations page to register.
Lastly, we are pleased to confirm that $400,000 in affordable housing subsidy was approved by the Madison Common Council on May 15th, which is great news for our 11 affordable units.
FEBRUARY 2018: We just concluded the second round of reservations, and we now have reservations on 35 of our 45 units. This means that we have exceeded our threshold percentage of reservations (75%) needed to proceed to the construction loan closing -- which is fabulous news.
And now -- we're going to take a bit of a break from marketing. We will start things up again in May 2018, to coincide with the (hoped for) groundbreaking for the building.
DECEMBER 2017: We're in the middle of our second round of reservations. The interest in our project continues to be very, very strong, for which we are entirely grateful. Our architect, Jim Glueck, is in the process of finalizing floor plans, and preparing for the commencement of work on construction drawings in January.
OCTOBER 2017: There were two articles relating to CohoMadison in the media this month. The first was an article in the Isthmus about the artists of Winnebago Studios. And the second was an article in the Wisconsin State Journal about our sister project, Madison Circus Space.
CohoMadison's land use application was approved by the City of Madison Common Council on October 3rd!. Check out this article in the Cap Times to find out more.
SEPTEMBER 2017: On September 16th, we reopened marketing in preparation for our second round of reservations in November.
AUGUST 2017: We've hit two big milestones. First, we submitted our land use application to the City of Madison on July 19th, which contains detailed building plans and site plans, and which we hope we be approved by mid-October 2017. And two, we just completed our first round of reservations, where 24 of the 45 units were reserved by current CohoMadison members.