The new formula for success in real estate development:
Cooperative Collaboration = Developer + Development Teams + Land Owners + Investors + Communities

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Cooperative Collaboration

Definition

Cooperative Collaboration is defined as the act of combining and sharing resources in an effort to work together through mutually beneficial relationships to achieve common goals.


General Theory
When individuals, businesses, and community organizations come together to share resources in a cooperative way and join forces in a spirit of collaboration (united behind a common and mutually beneficial goal), then the cooperative pooling of resources saves money and collaboration facilitates progress and innovation.  The end result is the creation of better and more efficiently created resources for meeting a community's needs.

 

Origin

Cooperative Collaboration is a concept created by the sociologist and entrepreneur Jason Van Sickle. Initially defined in 2012, the term "cooperative collaboration" was used by Van Sickle to describe his approach to real estate development. Van Sickle then went on to apply the concept to nonprofit initiatives, with the development of his Spero House project.

 

Applications

As a real estate development firm, Jason Van Sickle's company (J. Van Sickle & Company), and its family of real estate focused businesses has been pioneering the use of Cooperative Collaboration in private industry. At the core of the concept was the idea of promoting public/private partnerships that were mutually beneficial to all parties. This concept first took shape in an approach to real estate development that created strategic partnerships between development teams (architects, engineers, and contractors), land owners, investors, and communities (cities and associated economic development organizations), with the overarching goal of developing housing to meet a community's needs.