Can anyone tell me anything about Twelve Centennial? (foreclosures, rent)

[srnyong]

Originally Posted by mb1

The publix on the first floor would be excellent though.

That is ironic that you mention having a Publix. That is one of the reasons we ended up buying in Plaza Midtown - they have a Publix on the 1st floor.

[mb1]

Originally Posted by srnyong

That is ironic that you mention having a Publix. That is one of the reasons we ended up buying in Plaza Midtown - they have a Publix on the 1st floor.

I meant on the first floor of the Allen Plaza, but yes, Plaza is great.

[OO7]

Yes, TWELVE does have mixers for its residents (about once a quarter). HOA meetings used to be every month, but I think now they're going to be every other month.
Security-wise, it's pretty good. We hire off-duty Atlanta police officers to patrol the building every night. And guests must first talk to the concierge to be let into the building.

Originally Posted by shaebap

That is so reassuring, my husband and I will be there by the end of the year and are very excited about the building and the community, I have a question for you, Are there any mixers for the building, you know so we can get to know the neighbors, also how is Twelve security wise?you have no idea I'm so happy to see someone who actually lives there.

[OO7]

We (TWELVE Centennial Park) had to raise our HOA fees by 4% since first opening. This includes accounting for the reserve fund. Because of our sheer scale and volume, we still only pay about 31 cents per sq. ft. which is much more efficient than most of the condo buildings in the city.

Originally Posted by mb1

Thanks for the HOA heads up. I'll be watchful of that. I am getting a great price on a foreclosed 1 bedroom. And yes, those go really quickly. I'm keeping an eye on Allen Plaza, but I am not relying on it to justify my purchase. The publix on the first floor would be excellent though.

[shaebap]

thanks 007 for all of your input.

[MarketingGuruATL]

DO NOT BUY A NOVARE PROPERTY....Borders is in debt up to his eyebrows, cut corners everywhere, and cheaped out on the building. It is disgraceful this company is allowed to continue to sell....if you don't believe me, just go ask the "owners" at Metropolis, Spire, Eclipse, Realm, Viewpoint....not to mention the completely finished with no sales, Atlantic!

[Rama767]

I don't think your correlation to debt and cutting corners is accurate. The Eclipse, Metropolis, Spire and Realm were all finished far before debt became an issue and I know plenty of residents in all four buildings that are very happy.

From what I can tell, the quality of life all comes down to the company actually managing the building.

[NeedTCPAdvice]

Anyone know if there's a good diversity of ages in Twelve Centennial Park condos? I'm thinking about buying a unit there. I know a good deal about the building, Novare, amenties, etc... I'm just wondering if the building is all 20/30 year olds. I'm 42, work downtown for 6 years, live at Piedmont and 5th for 6 years. I don't mind a younger crowd... but wonder if there are other older professionals living there. Any comments would be appreciated.

[OO7]

As a resident, I can tell you that it is NOT all 20 and 30 somethings. I'd say all age groups are well-represented.

[OO7]

I'd like to add a caveat for anyone looking to buy into TWELVE Centennial Park, which I'm a resident of. I don't know this is normal behavior for HOA boards still under developer control, but the HOA board has been unresponsive in open record requests for meeting minutes, budget information, etc. And we STILL have utility metering inaccuracies.