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The Benefits and Challenges of Rezoning for Cohousing Communities

March 24, 2023
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Posted by Marcelo Bermudez

Cohousing communities, which are collectively managed and maintained living spaces, are becoming increasingly popular in cities around the world.

Over the last five years, the grassroots movement to fight for housing for all is also gathering steam.

Rezoning, the process of changing the use or development of a piece of land, can play a significant role in shaping the future of cohousing communities.

It can provide more opportunities for the creation and growth of housing by allowing for the development of these spaces in previously designated low density residential or traditional commercial or industrial areas.

Rezoning can also pose challenges for existing cohousing communities, such as the threat of gentrification and displacement.

In order to address the benefits and challenges of rezoning for cohousing communities, it is important to consider the impact that rezoning can have on the affordability, accessibility, and sustainability of these spaces.

While rezoning can provide opportunities for the creation of new cohousing communities, it can also lead to increased costs, reduced accessibility, and a loss of the unique character that makes these communities so appealing.

Furthermore, rezoning can also result in gentrification and displacement, as property values and rents increase, making it more difficult for lower-income individuals and families to access these spaces.

Rezoning for cohousing communities presents both opportunities and challenges, and careful consideration must be given to the impact that rezoning can have on affordability, accessibility, and sustainability. In order to ensure that the benefits of rezoning outweigh the challenges, it is important to consider the needs of the communities being impacted, and to work towards creating equitable and inclusive policies that promote affordability and accessibility while preserving the unique character of these communities.

I write seven days a week to help business owners and real estate investors:

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Marcelo Bermudez

Capital and Strategy
Marcelo Bermudez is the CEO of Shōkunin, a commercial real estate and business capital and strategy advisory firm.

As a strategist, keynote speaker, and mediator, he helps owners and investors unlock value and achieve their business and financial goals.

With hands-on experience managing businesses and navigating complex commercial real estate transactions, Marcelo understands the challenges of growth, restructuring, and successful exits.

He works closely with his clients to deliver practical solutions and drive results.

   
   
The Benefits and Challenges of Rezoning for Cohousing Communities