Old notes that I never cleaned up. You are free to use this to develop mixed income units. It's fine if SOME are pied a terres -- upscale vacation homes -- but it's not fine if it's 100 percent luxury homes excluding ordinary people. (For legal purposes: Let's call it less than half can be pied a terres/luxury homes.)
I need to do some heavy duty research.
I need enough parking spaces for every residential unit to rent TWO parking spaces and then any not rented can be rented to anyone wanting to park downtown on an hourly or daily basis. I need to know how much space that takes and how parking garages typically charge and what it takes to break even.
I would like dorm style rooms with shared baths, dorm style rooms with private baths and studio apartments with mini kitchens instead of kitchen "nooks." (The other rooms will have kitchen nooks with a sink, fridge, countertop and space for appliances.)
I want to be able to resell the plans to other towns to make money.
Initial tentative figures:
50 residential units per tower for 100 total (tentatively 40 dorm rooms total plus 10 studio apartments -- distribution to be determined)
So I need to be able to park 200 cars. Tenants can rent up to two spaces each as a seperate fee from the apartment rent.
I also need space for 200 bikes. This can be on the bottom floor of one of the towers.
The bottom floor of the other tower can have onsite daycare.
The garage roof will be accessible only to tenants and will include a designated smoking area.
IF this can be made to work, 100 units times 10,000 buildings is a million units.
I would like rent to be no more than $600/month. So construction costs have to be kept reasonable.
This figure is for the residential unit only with additional fees for parking spaces, so total rent may be more. But if you have no car and no bike and are ONLY paying for a residential unit, I want it to be possible to find SOME units in the US at this price point.
This is the figure that has come up over and over and over when talking to homeless Americans online who have SOME income, such as social security, but can't manage to stay housed. It's NOT intended to be a hard and fast legal limiter for commercial developers.
These were private notes for ME and exact price point will vary from one community to the next and as always will be a moving target -- which is NOT intended as a legal loophole for justifying intentionally pricing out ordinary Americans. And, of course, rent for the residential portion ONLY will vary by unit size and amenities as well.
See also: Transportation.
I have no idea how to make this pencil out or even where to start.
I need to run more numbers but I think I estimated we need at least 300 units in Aberdeen below $600 and I know of maybe fifty so far. I would like to see one or two of these downtown and one down by the college as student housing. Then start selling them to small towns around here to start providing affordable housing across the region and get some relief for the homeless problem.
The first floor of apartments will share one wall with the garage. Tentatively (assuming floors 2 and 3 are all dorm rooms): The laundry room and four shared public bathrooms can go there. The second floor can have two shared public bathrooms.
This would also be a good place to put a "swap" room to encourage people to dump off stuff they don't want/need. Details TBD on how to handle that in terms of getting rid of it all periodically.
Public bathrooms need hooks or something to hang clothes and towels. They should be near the elevator/ stairs.
The laundry room should probably have six machines (needs research to nail down a number).
I need enough parking spaces for every residential unit to rent TWO parking spaces and then any not rented can be rented to anyone wanting to park downtown on an hourly or daily basis. I need to know how much space that takes and how parking garages typically charge and what it takes to break even.
I would like dorm style rooms with shared baths, dorm style rooms with private baths and studio apartments with mini kitchens instead of kitchen "nooks." (The other rooms will have kitchen nooks with a sink, fridge, countertop and space for appliances.)
I want to be able to resell the plans to other towns to make money.
50 residential units per tower for 100 total (tentatively 40 dorm rooms total plus 10 studio apartments -- distribution to be determined)
So I need to be able to park 200 cars. Tenants can rent up to two spaces each as a seperate fee from the apartment rent.
I also need space for 200 bikes. This can be on the bottom floor of one of the towers.
The bottom floor of the other tower can have onsite daycare.
The garage roof will be accessible only to tenants and will include a designated smoking area.
IF this can be made to work, 100 units times 10,000 buildings is a million units.
I would like rent to be no more than $600/month. So construction costs have to be kept reasonable.
This figure is for the residential unit only with additional fees for parking spaces, so total rent may be more. But if you have no car and no bike and are ONLY paying for a residential unit, I want it to be possible to find SOME units in the US at this price point.
This is the figure that has come up over and over and over when talking to homeless Americans online who have SOME income, such as social security, but can't manage to stay housed. It's NOT intended to be a hard and fast legal limiter for commercial developers.
These were private notes for ME and exact price point will vary from one community to the next and as always will be a moving target -- which is NOT intended as a legal loophole for justifying intentionally pricing out ordinary Americans. And, of course, rent for the residential portion ONLY will vary by unit size and amenities as well.
See also: Transportation.
I have no idea how to make this pencil out or even where to start.
I need to run more numbers but I think I estimated we need at least 300 units in Aberdeen below $600 and I know of maybe fifty so far. I would like to see one or two of these downtown and one down by the college as student housing. Then start selling them to small towns around here to start providing affordable housing across the region and get some relief for the homeless problem.
The first floor of apartments will share one wall with the garage. Tentatively (assuming floors 2 and 3 are all dorm rooms): The laundry room and four shared public bathrooms can go there. The second floor can have two shared public bathrooms.
This would also be a good place to put a "swap" room to encourage people to dump off stuff they don't want/need. Details TBD on how to handle that in terms of getting rid of it all periodically.
Public bathrooms need hooks or something to hang clothes and towels. They should be near the elevator/ stairs.
The laundry room should probably have six machines (needs research to nail down a number).
