Also presenting at the 2008 Ecocity World Summit is Jeff Stein, Chairman of the Cosanti Foundation. In 1970, the Cosanti Foundation began building Arcosanti, an experimental town in the high desert of Arizona, 70 miles north of metropolitan Phoenix. Conceptualized by Italian-American visionary architect Paolo Soleri, Arcosanti is intended to be the first example of an arcology, or architectural ecology. When complete, Arcosanti will house 5,000 people, demonstrating ways to improve urban conditions and lessen our destructive impact on the earth. Its large, compact structures and large-scale solar greenhouses will occupy only 25 acres of a 4,060 acre land preserve, keeping the natural countryside in close proximity to urban dwellers.
[…] Thanks to Richard Register for writing this article on Paolo Soleri, the man and the mind behind Arcosanti. You can hear Paolo on Day 3 of the Summit, Saturday April […]
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Where can i find some information on the financing structure of this project and the relevant legal considerations?
The project is financed through the sale of bells produced at Arcosanti and also Cosanti the original project in Phoenix.
There is a workshop program that also produces some revenues at 1400 a person and around a 100 people a year participate.
Money is also raised through tours and around 30000 people visit the site each year.
Total budget for the foundation is about 1 million dollars.
As far as I know there is no formal documentation about the financing structure and relevant legal considerations. However it basically operates as symbiotic structure with the for profit foundation Cosanti Originals produces bells and other related products that are sold to finance the non-profit side of the project which is managed and run by Cosanti Foundation.
[…] Toa Caterina who interned at Arcosanti from June to Sept in construction is currently going to school at Boston Achitectural College. The dean of the school is actually the chair of the Cosanti Foundation which runs Arcosanti – Jeffrey Stein (who recently represented Arcosanti along with Paolo Soleri at the 2008 EcoCities Conference). […]
I visited Arcosanti in about 1986. It had a population of about 75 residents. I’m curious how it has grown.
[…] Thanks to Richard Register for writing this article on Paolo Soleri, the man and the mind behind Arcosanti. You can hear Paolo on Day 3 of the Summit, Saturday April […]