Here's what happened: Ten months ago, Chad Ellington of Peak Development bought the land in the Geos Neighborhood where Ralston Creek CoHousing wants to build. When we talked to him in January, he said he'd be ready to sell it shortly, in about six months. During that period, we found a builder and investors to build a lovely building using a pre-sold unit model. Last month, we sent out a survey of interested buyers. With those responses, the full members of Ralston Creek CoHousing, and the explorer members, we had 7 of the 12 units in the Gatehouse accounted for, which was good for not having even broken ground. But when we returned to Chad Ellington of Peak Investment to talk about a price for the land, it was no longer for sale. In a year or two, he says, he'll be ready to sell.
The remaining members of Ralston Creek CoHousing, Tori Baker and Norbert Klebl, are not willing to look for land outside of the Geos Neighborhood, so we are stalled for now.
