The co-operative model is a proven way for people with needs to create and maintain large assets like housing and social enterprises while keeping decision-making and investment local.
The Glassworks vision reimagines how we live, work and learn, creating an umbrella co-operative under which associated co-ops will operate specific functions, including (but not limited to!):
Local food processing
Sustainable energy generation
Senior housing, student housing, market and affordable housing would each have their own interconnected organizational structures in order to best address the specialized needs of members. The mixed approach strengthens community building, and the sharing of resources.
Opportunity exists to spin-off a pop-up factory and local green housing social enterprise and apprenticeship as part of the site development process.
The Glassworks vision is to derive all of its energy from sustainable sources on site including an industrial-scale solar farm. The goal is to be a sustainable energy generator for not only the development, but also for the Owen Sound community. The renewable energy cooperative will be member-controlled and through green bonds will provide RRSP-eligible, socially responsible investment opportunities that build local capital. Glassworks is partnering to administer this investment opportunity.