Centennial Village (Munster, IN) (Anderson: section 8, rent, buying)

[Northwest Indiana]

Centennial Village FINALLY has its own website to promote the development! Also, condo units are now for sale (as in owner-occupied). This should stop the rumors out there about all of the residential in the development being rentals. I also like how the names of each model are named after a park in Munster.

Centennial Village

[Ned B]

These look very promising. I'm curious to see what the pricing will be like, but given the relatively generous unit sizes, I don't think they will be cheap.

Also encouraged to see that they are marketing the mixed use buildings now; there's a better chance that they will actually be built. I have seen other developments in other areas start out by building the outlot retail first. Then the market conditions change, the residential never happens and a CVS ends up anchoring the development instead.

[Northwest Indiana]

Originally Posted by Ned B

These look very promising. I'm curious to see what the pricing will be like, but given the relatively generous unit sizes, I don't think they will be cheap.

Also encouraged to see that they are marketing the mixed use buildings now; there's a better chance that they will actually be built. I have seen other developments in other areas start out by building the outlot retail first. Then the market conditions change, the residential never happens and a CVS ends up anchoring the development instead.

From what I have heard, there has been a lot of interest in the residential portion of the project particularly for 2 bedroom units. There also has been a lot of restaurant interest but one of the challenges has been securing new tenants that need a liquor license since Munster is at the limit and will need to request more. El Salto is obviously transferring their license to the new location but that's it so far. Hopefully some good retailers look into this site but as of right now, I'm not too concerned at all.

[ta1064]

Originally Posted by Ned B

These look very promising. I'm curious to see what the pricing will be like, but given the relatively generous unit sizes, I don't think they will be cheap.

Also encouraged to see that they are marketing the mixed use buildings now; there's a better chance that they will actually be built. I have seen other developments in other areas start out by building the outlot retail first. Then the market conditions change, the residential never happens and a CVS ends up anchoring the development instead.

The floor plans for the Centennial Village condos look nice. However, I'll reserve further comment until knowing the construction quality, specifically with soundproofing between floors and walls. That is, will the floors and walls have concrete between the units, like many high-end downtown Chicago condos are constructed? If these condos are constructed simply with drywall and foam between walls and floors, you will be able to hear through common walls and floors. That's what happened at White Oak Woods in Munster.

[Ned B]

^concrete walls between units are exceedingly rare, even in Chicago high rises. The higher end units typically have a double or offset framed wall with high quality sound proofing. Most soundproofing side to side can be accomplished by avoiding any gaps in the construction, not placing electrical boxes back-to-back, etc.

As far as between floors, concrete is better at deadening the clomping of someone wearing shoes above, but I suspect knowing the standards in most of the country that these will either be framed in wood or light gauge steel studs (note that even the new Spring Hill Suites was wood framed). Apparently even that construction can be accompanied by a concrete slab and additional consideration can be put into the insulation under the slab and selection of floor surfaces to improve sound absorption.

Since there are 4 condo buildings in total that will be built in phases, it seems that there is extra onus on the developer to build quality units. If the construction is cheap and the units are noisy, the word will likely get out before all of the units are sold.

[ta1064]

Originally Posted by Ned B

^concrete walls between units are exceedingly rare, even in Chicago high rises. The higher end units typically have a double or offset framed wall with high quality sound proofing. Most soundproofing side to side can be accomplished by avoiding any gaps in the construction, not placing electrical boxes back-to-back, etc.

As far as between floors, concrete is better at deadening the clomping of someone wearing shoes above, but I suspect knowing the standards in most of the country that these will either be framed in wood or light gauge steel studs (note that even the new Spring Hill Suites was wood framed). Apparently even that construction can be accompanied by a concrete slab and additional consideration can be put into the insulation under the slab and selection of floor surfaces to improve sound absorption.

Since there are 4 condo buildings in total that will be built in phases, it seems that there is extra onus on the developer to build quality units. If the construction is cheap and the units are noisy, the word will likely get out before all of the units are sold.

For instance, the Museum Park condo development in Chicago's South Loop is very well constructed. You can't hear a sound in those units between walls or floors. But, yes, word will get around if the Centennial Village condos have cheap construction. Due to noise issues, there was lots of buyer's remorse with the White Oak Woods condo development (ATG Construction) in Munster.

And I did notice the Spring Hill Suites was wood framed.

[Northwest Indiana]

Quick update on Centennial Village: Centennial Village site takes shape

[Ned B]

Good to hear that the town has acknowledged the liquor license shortage and it's affect on this development and is working to expand license availability for this project.

[SomeGuyNamedDave]

Originally Posted by Northwest Indiana

Centennial Village FINALLY has its own website to promote the development! Also, condo units are now for sale (as in owner-occupied). This should stop the rumors out there about all of the residential in the development being rentals. I also like how the names of each model are named after a park in Munster.

Centennial Village

I emailed the woman in charge of selling the condo units for CV, and she sent me a PDF that includes a ton of info regarding the project. Building blueprints, artist renderings, and even condo price info. The problem is I'm new to this forum and don't know how to attach that file to a message. I think everyone on here would love to see it if they haven't already since it contains way more than I'd ever seen before for the upcoming residences at CV. Please advise.

[Northwest Indiana]

Originally Posted by SomeGuyNamedDave

I emailed the woman in charge of selling the condo units for CV, and she sent me a PDF that includes a ton of info regarding the project. Building blueprints, artist renderings, and even condo price info. The problem is I'm new to this forum and don't know how to attach that file to a message. I think everyone on here would love to see it if they haven't already since it contains way more than I'd ever seen before for the upcoming residences at CV. Please advise.

That would be great to see! In order to attach a file, click the paperclip button on the top on the text box (in between the smiley face button and the reverse arrow button). You can only attach certain file types and PDF is not one of them (which I assume is the format she sent to you). You can try to convert the file to a picture format (jpg, jpeg, bmp, etc.) and each type has a size limit. It would have been easier if it was a link to a pdf file. I may request some info from them and see what I can do as well.