We partner with single family property owners...

And together, develop small urban communities

We are a development cooperative seeking to help people and communities plant roots. With the Center for Real Estate at MIT, we created a community-driven homeownership model that allows more people to access the comfort of housing security and the ability to age in place.   

TENANTS

The Frolic model allows property owners, neighbors, and future residents to pool their equity and capital to bring projects to life. This is done through a community investment fund, which helps develop each project.

Frolic projects are typically 6-10 units, with a mix of studio, two bedroom, and three-bedroom units. Additionally, all projects have a flexible common space with an open floor plan and a kitchen. This space is a common livingroom and can be used by residents for events, shared meals, celebrations, and as workspace. Alongside this space is a guest suite usable by all residents as extra space for visitors. 

The cooperative ownership model we use is inspired by the Danish Andelsbolig model. The model allows you to buy your home without a large downpayment. It also allows future residents to do the same, keeping the community affordable over time. 

 
WHY?

Many cities in the U.S. face two common challenges:

 

Housing insecurity

As housing prices grow, it is becoming increasingly challenging for people to access housing security and the safety of being able to plant roots in the place that you live and in your community. 

 

Displacement

As development pressure increases, many communities are being torn apart. Much of urban America is single family. To accomodate growing populations many cities are changing the zoning of single family neighborhoods to allow for greater density. Conventional developers (using conventional capital) build luxury housing on single family lots, unaffordable to the people who have lived in these neighborhoods for generations. Facing increasing property taxes and pressure to sell, many residents in these communities are pushed out of their homes and communities. Development is happening to these communities, not with them. 

 
THE FROLIC STORY

Frolic is originally an Amish term describing massive festivals where over a hundred families would gather to raise a barn together. They were joyous gatherings combining hard work with celebration, eating together, and building with community. This is in the inspiration for the Frolic Model. 

 

The Frolic Model is something that we developed over the last three years while doing research at the Center for Real Estate at MIT. The model has emerged through the work of over 150 visionary city staff, developers, community organizers, lawyers,  and finance experts, each helping craft elements of this model with us through support from DesignX, Sandbox, and the PKG Center for Public Service at MIT. We have now taken it upon ourselves to build demonstration projects using this model, and assist others in doing the same. In 2019 we launched in Seattle, and are working with two very inspiring communities to build projects in their neighborhoods, fight displacement, and create new pathways to homeownership for those facing housing insecurity. We hope to work with you and your community one day as well. 

 
HOW IT WORKS
 
PROJECTS

Frolic 1

This is Frolic’s first project, located in Central District, Seattle and designed  by Hybrid Architecture. Frolic 1 will have 8 units, a street-facing common house, outdoor eating area, guest suite, bicycle parking, and back garden. 

 

The project is currently in pre-development and we have had our first design workshop with potential residents. We expect to apply for permitting in April, 2020 and begin construction the following year. 

 

Specifications

Two 3 bedroom units

Four 2 bedroom units

Two 1.5 bedroom units

1 Guest suite with bathroom

1 Common room with kitchen and open floorplan.

 

Estimated Share Price: $50,000 - 80,000 depending on unit size. With share loan, you would be expected to put $5-8,000 down. 

 

Estimated Coop Fee: $1,600 - 2,800 depending on unit size and final project specifications.

 

The project is designed by Hybrid, a Seattle-based design-build-develop firm with a strong reputation in the region for their design excellence. They are known for creating homes with quality materials, character, strong environmental performance, and flexible wall-systems allowing for easy addition and removal of rooms over time. Hybrid received the 2019 AIA Award of Honor of their work in urban infill multi-family design, build, and development. 

Frolic 2

This is Frolic’s second project, located in Columbia City, Seattle, and designed by Allied8 Architects. Frolic 2 will have 12 units with a shared courtyard and common house. The property abuts a greenbelt and has immediate access to walking trails.   

 

The project is currently in pre-development and we have had two workshops with potential residents. We expect to apply for permitting in April, 2020 and begin construction the following year. 

 

Specifications

Two 3 bedroom units

Two 2 bedroom units

Six studio apartments

1 Common room with kitchen and open floorplan.

 

Estimated Share Price: $30,000 - 80,000 depending on unit size. With share loan, you would be expected to put $3-8,000 down. 

 

Estimated Coop Fee: $1,200 - 2,800 depending on unit size and final project specifications.

 

The project is designed by Allied8, a Seattle-based architecture firm known for their sensitivity to materials and interior spaces. See more of their projects at Allied8.com.

 
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