MASTER-PLANNED COMMUNITY GUIDE BOOK EIGHT REASONS TO CHOOSE A MASTER-PL ANNED COMMUNIT Y. 1 Today, with just over fifty-percent of our visionary Master Plan completed, Liberty Park is already home to nearly 1,400 wonderful families – families who came from all over the United States and from many other countries. However, lots of folks from right around the corner have chosen to make Liberty Park their home regardless of where they lived prior to moving to Liberty Park. Everyone here shares a common bond in the welcoming spirit and enduring friendships that are the true hallmarks of Liberty Park. libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK WHAT IS A MASTER-PL ANNED COMMUNIT Y? The official definition of a Master-Planned Community, often called a Planned Urban Development (PUD), is generally a development larger than 2,500 acres where suburban retreats can be aggregated to create a self-contained suburban environment. Today’s Master-Planned Communities can be as large as tens of thousands of acres and will contain individual neighborhoods of single-family and multi-family homes as well as educational and commercial facilities, an abundance of green space and extensive recreational amenities for its residents. One of many lakes at Liberty Park Typically developed in undeveloped areas where sufficient land can be amassed to create these large-scale communities, Master Planned Communities require that the entire stretch of land is carefully planned in advance to define all aspects of the development. WHY IS IT CALLED MASTER-PL ANNED? Master Planned Communities are not at all like typical, small neighborhoods that evolve in an ad hoc manner, which often result in unwanted commercial development near established neighborhoods. With a Master-Planned Community, the dedicated and intensive planning at the inception of a Master-Planned community not only ensures each buyer of the overall land use within the MasterPlanned Community, but it also allows for style and recreational planning flexibility to adapt to changing lifestyle and architectural preferences, ensures open areas and green space and creates a true vision for the future of the community and its residents. 2 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK THE AMERICAN WAY OF MASTER PL ANNING Adapted from the “new towns” movement in Europe, mainly in the United Kingdom, it became common in the European colonization of the Americas to build new “cities” based on a plan. Savannah is known as America’s first planned city. In 1733 General James Oglethorpe and the 120 passengers of the good ship “Anne” landed on a bluff high along the Savannah River. Oglethorpe named the 13th and final American colony “Georgia” after England’s King George II and Savannah was to become its first city. Born from the same thinking that inspired today’s Master-Planned Communities, Oglethorpe planned the new city of Savannah in a series of grids that allowed for wide open streets intertwined with shady public squares and parks that served as town meeting places and centers of business. A vision that endures today in Savannah, where 22 of the original 24 parks still invite residents to stroll, gather with friends and enjoy the enduring beauty of the original vision planned over 280 years ago. Liberty Park’s entrance boulevard 3 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK EIGHT BENEFITS OF A MASTER-PL ANNED COMMUNIT Y Perhaps the ultimate expression of a Master-Planned Community’s value can be captured from Aristotle when, over two millennia ago, he said, “The whole is greater than the sum of its parts.” Designed like small towns, Master-Planned Communities are so much more than the sum of their parts. Just ask all the wonderful families who live at Liberty Park. This is a Master-Planned Community so wisely and beautifully planned that you’ll enjoy all the eight benefits of choosing to make Liberty Park your new home. Beautiful streetscapes are a hallmark of Liberty Park 4 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK 1. CHOICE Over time, architectural styles change, people’s preferences change and the way we live often changes depending on our stage of life. In a Master-Planned Community, the creation of smaller neighborhoods that are timed to market demand means Liberty Park can quickly adapt to meet buyers taste and preferences. This responsive design benefit creates a wide choice of homes that allow people to select from a vast variety of architectural styles, interior floor plans and pricing. We know you are unique – and you want your neighborhood and your new home choice to be perfectly suited to your family and your lifestyle – to how you want to express your taste and enjoy your space. Liberty Park’s Master Plan is designed to create distinctive, small neighborhoods within the community. Each neighborhood is uniquely designed to reflect its topography and geographical features, so no two neighborhoods are exactly the same. Plus, the smaller more intimate neighborhoods help foster friendships and neighborly activities. Today, Liberty Park is comprised of twenty-two beautiful neighborhoods. This diversity of homes and neighborhoods not only offers homebuyers the range of choices they want, it also creates an overall community that looks and feels like a hometown. The ability to design and develop smaller, unique neighborhoods within a Master-Planned Community also means that a Master-Planned Community can offer the choice the market wants when it wants it. Liberty Park includes many custom homes 5 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK CHOOSE YOUR LIFEST YLE 2. FLEXIBILITY Today, the average American will own seven homes in their lifetime. While families used to stay in their homes for 15 to 20 years, times have changed and our lifestyles have changed as well. Liberty Park is the perfect setting for beautiful homes With each lifestyle change in a Master-Planned Community like Liberty Park, you don’t have to leave everything and everyone you love to find the new home you want. Whether you’re seeking a larger home for your growing family or you’re ready to downsize, a Master-Planned Community is comprised of so many different neighborhoods, home styles and price points, you will have the flexibility to choose the right home for you – without ever having to leave your community and your neighbors. 6 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK 3. LIFE BALANCE The scale of a Master-Planned Community like Liberty Park often helps people find and maintain a healthier and more rewarding balance in their lives. MORE TIME TO ENJOY LIFE As parents of infants and toddlers, life can seem isolating. However, with Liberty Park’s many parks and playgrounds, there is always a place and time to meet other young parents and enjoy making new friends. When children get ready to go to school for the first time, knowing the elementary and middle schools are located right in Liberty Park gives parents a strong sense of assurance that they are nearby. Life Balance is often defined by the time you have available in your daily life to actually pause and enjoy it. Because Liberty Park is close to nearby work centers, downtown Birmingham and the Birmingham–Shuttlesworth International Airport, our residents spend less time on the roads and more time at home with their families. Once home, Liberty Park offers recreational amenities and open space to ensure that you can easily meet-up with your family and friends to enjoy all the sporting and socializing opportunities within your community. 7 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK 4. GREEN SPACE FOR YOUR HEALTH AND WELLBEING Communities are more than buildings and people. Master-Planned Communities are designed from the very beginning to allocate plenty of natural open space, parks and green spaces throughout the community. This ensures not only the wellbeing of the families who live there but also the continued wellbeing of our natural environment. The way communities are designed affects whether people walk, cycle, participate in active recreation or interact with their neighbors. There is a growing body of research showing a connection between human health and wellbeing and the structure of their towns. Nature is always at home in Liberty Park Research in this emerging field tends to show there are numerous health benefits associated with access to natural open space, parks and playgrounds including improved general health and reduced levels of stress. It’s no wonder the desire for natural, open space within communities is the number one choice among prospective homebuyers. By choosing to live in a Master Planned Community like Liberty Park, residents know that there are dedicated areas of green space for parks and other natural areas.. 8 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK 5. RECREATIONAL AMENITIES Unlike typical neighborhoods, the size of Master-Planned Communities means there is plenty of land where resort-like amenities can be planned and designed throughout the community to create an incomparable lifestyle for their residents. The range of recreational amenities in MasterPlanned Communities will vary based on the land’s size, topography and geographical features, but all are designed to offer easy access throughout the community as it is developed. At Liberty Park, the Master Plan includes approximately 75 acres of amenities, many of which are already in place and many more are planned in the future phases of Liberty Park’s development. Both passive and active recreational amenities encourage a strong sense of community and foster teamwork, play and friendships – the cornerstones of a community’s property value. 18-hole Tom Fazio & Jerry Pate designed course at Liberty Park’s private Old Overton Club CURRENT LIBERTY PARK AMENITIES: SWIM CENTER BEAUTIFUL PARKS GENTLE LAKES TENNIS CENTER PLAYGROUNDS SPORTS COMPLEX MILES OF WALKING TRAILS NATURAL OPEN SPACE OLD OVERTON CLUB* * Private Club for members only. 9 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK 6. SENSE OF COMMUNITY Creating a sense of community is key to why MasterPlanned Communities are so popular and tend to retain higher property values. Master-Planned Communities are designed to create a true sense of place and a strong sense of belonging. While it begins with the land plan, the diversity of the neighborhoods and the design of the road system, the organizing principal is always the lifestyle of the people who live there. Understanding the social needs of a large community, Master-Planned Community developers focus on the overall lifestyle, as well as the hardscapes, such as open space and landscaping to give the community a sense of harmony and visual beauty throughout. They also plan neighborhoods to present varied lot sizes, streetscapes and architectural styles that ensure a sense of real character. But above all, Master-Planned Communities are designed to create an engaging lifestyle that offers planned activities and places where people can easily interact, build friendships and create a real sense of community with each other. Liberty Park residents enjoy many special events 10 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK 7. CONFIDENCE Choosing a new place to live is fraught with decisions – decisions people want to feel confident in making. Because a Master-Planned Community is designed from its initial planning, people are able to better understand what the community is, where it is now in its development and what it will look like, feel like and live like when it is completed. This ability to see the future development plans eliminates so many of the stumbling blocks to making a new home decision. When you buy a home in a Master-Planned Community, you will be able to see a comprehensive plan of where the future development is going as well as the components of the plan. This means you don’t have to worry that some future undesirable zoning or land use change will disturb your privacy, your serenity or your property value. Another important benefit typically found only in MasterPlanned Communities is a Neighborhood Security Patrol. At Liberty Park, our Neighborhood Security Patrol is staffed by well-trained and certified security personnel who diligently patrol our community 24 hours a day, 7 days a week, 365 days a year. Although their main focus is to be alert to any potential security issues, they are also here to help with the good-neighbor things – like when a child’s bicycle breaks down or a pet has wandered off. Simply said, our Liberty Park Neighborhood Patrol is always there to help. In addition, Master-Planned Communities have a Home Owners’ Association which is responsible for ensuring the regulations and covenants are enforced, as well as maintaining the common areas and amenities – services which ultimately protect your property values. The highly respected Home Owners’ Associations within Liberty Park also serves to create a real sense of community spirit by coordinating special events, classes and other social activities that foster strong connections among residents. Quiet lakes are an important part of Liberty Park’s family lifestyle 11 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK 8. INVESTMENT While no one can promise that Master-Planned Communities are a better investment, if you look at the history of the area, Master-Planned Communities typically gain and retain value better than standard subdivisions. This is due to the fact that Master-Planned Community developers typically remain vested in a community as a key stakeholder and view it as a long-term investment. Master-Planned Community developers know the value that they offer buyers is their ability to create enduring communities and they are financially prepared to deliver that over time. Historically, the re-sale value of homes in a MasterPlanned Community maintain better value and are more resilient during economic fluctuations than standard subdivisions. Respected real estate advisor RCLCO states Master-Planned Communities continue to attract new homebuyers seeking a stable real estate investment. Market research conducted by another industry leader, John Burns Real Estate Consulting, reports that residences in Master-Planned Communities command a 5 to 10 percent price premium over comparable homes outside such communities. Aerial view of Liberty Park 12 libertypark.com (205) 945-6401 MASTER-PLANNED COMMUNITY GUIDE BOOK THE LIBERT Y PARK MASTER SITE PL AN This is a preliminary and conceptual master plan. Liberty Park Joint Venture, LLP, as developer, reserves the right to change or modify land uses, amenities, features, specifications and/or product types without notice. All dimensions shown herein are approximate. There is no representation or warrenty, express or implied, that Liberty Park will be developed as shown on this master plan. Liberty Park Joint Venture, LLP, Liberty Park Properties, and their repective builders and agents, are not responsible for errors or omissions. RESOURCES: http://www.realestateconsulting.com/strong-year-for-top-50-master-planned-communities/ http://www.rclco.com/advisory-in-depth-look-at-top-selling-master-planned-communities Information contained herein is believed to be accurate but is not warranted. All events, activities described and all physical components not yet built or developed in Liberty Park, are subject to change without notice. 13 libertypark.com (205) 945-6401
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