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THE ASSOCIATION
The ArtYard will be made up of five associations and one master association. The Parkside and Trackside buildings each have two associations, one for the commercial usage on the ground level and one for the residential (Live/Work) spaces on the second level.
The initial budget for both associations at Parkside are $0.16 per foot per month, or $160.00 per unit for a 1,000 sf space. Operating and capital reserves will be funded by the buyers when they close on individual units
PARKING
Owning a car may become optional since you are within walking distance to almost everything-Whole Foods, Restaurants, Movie Theatres, etc. in addition to the Railrunner depot (to Albuquerque)-you will still receive a very coveted parking space for each Live / Work unit you buy. This is only applicable to the Residential units, there is no dedicated parking for the commercial units.
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