Hadley Village Owners Association: Mixed-Use Community Guide
Explore Hadley Village Owners Association—a unique mixed-use community with 39 townhomes and 2 commercial buildings. Learn about this professionally managed development and what makes it distinctive.
Hadley Village Owners Association represents a distinctive approach to community living—blending 39 townhome residences with 2 commercial buildings in a cohesive, professionally managed development. This mixed-use model creates a walkable community where residents can live, work, and access services within their own neighborhood.
As the professional management partner for Hadley Village, Verdei Management works with the board of directors to maintain the community's unique character, balance residential and commercial interests, and ensure all owners receive responsive service.
Mixed-use communities come with particular considerations that pure residential developments don't face. This guide explains how Hadley Village works and what owners and prospective buyers should know.
Community Overview
Hadley Village embodies the "live-work-play" concept that's become increasingly popular in Middle Tennessee's growing communities. By integrating residential and commercial spaces, the development creates a more complete neighborhood environment.
At a Glance
- Community Type: Mixed-Use Owners Association
- Residential Units: 39 townhomes
- Commercial Buildings: 2
- Location: Middle Tennessee
- Management: Professionally managed by Verdei Management
The Mixed-Use Advantage
Living in a mixed-use community offers benefits beyond traditional residential developments:
- Walkability: Access to on-site businesses and services without driving
- Community Vitality: Commercial activity brings energy and convenience
- Shared Costs: Commercial owners contribute to common expenses
- Investment Potential: Well-managed mixed-use communities often appreciate well
- Lifestyle Appeal: Modern buyers increasingly seek walkable, connected communities
Understanding the Blend
Mixed-use governance requires balancing different owner interests:
- Residential owners prioritize quiet, safety, and neighborhood character
- Commercial owners focus on business operations, customer access, and signage
- The association must create policies that serve both while maintaining community harmony
Governance Structure
Mixed-use communities typically have more complex governance than purely residential associations. Understanding how Hadley Village is structured helps owners participate effectively.
Owners Association Framework
Hadley Village operates under Tennessee nonprofit corporation law with governing documents that address both residential and commercial ownership:
- Declaration (CC&Rs): Establishes the association, defines property types, and sets restrictions
- Bylaws: Operating procedures including voting rights and meeting requirements
- Rules & Regulations: Detailed guidelines for community operations
- Design Guidelines: Standards for modifications and signage
Voting and Representation
In mixed-use communities, voting allocation is particularly important. The declaration typically specifies:
- How votes are allocated between residential and commercial units
- Whether certain decisions require separate approval from each class
- Board composition requirements, if any, for owner types
Board of Directors
The elected board governs the association, making decisions that affect all owners:
- Budget and assessment approval
- Policy development balancing all interests
- Maintenance and capital project authorization
- Enforcement of community standards
Professional Management
Verdei Management provides comprehensive support:
- Financial management for all owner types
- Coordination between residential and commercial needs
- Common area maintenance and vendor management
- Policy implementation and communication
Financial Structure
Mixed-use communities often have more complex financial structures to fairly allocate costs between different property types.
Assessment Allocation
The declaration typically specifies how common expenses are divided:
- Some costs may be allocated based on square footage
- Others may be split based on unit type or use
- Certain expenses may apply only to specific property types
What Assessments Fund
Common expenses typically include:
- Maintenance of shared common areas
- Association insurance coverage
- Reserve fund contributions
- Professional management services
- Shared utilities and landscaping
- Community signage and lighting
Commercial Considerations
Commercial properties may have additional considerations:
- Higher or different assessment structures based on benefit received
- Separate reserve components for commercial-specific elements
- Different maintenance standards for commercial areas
Financial Transparency
All owners have access to:
- Annual budgets and financial statements
- Reserve fund balances and studies
- Explanation of assessment calculations
- Board meeting financial discussions
Living at Hadley Village
Residential owners at Hadley Village enjoy townhome living with the added benefit of on-site commercial amenities.
Townhome Living
The 39 townhomes offer:
- Multi-level living space with typical townhome layouts
- Private entrances and outdoor areas
- Attached or detached parking options
- Community integration while maintaining residential character
Community Standards
Residential guidelines typically address:
- Quiet enjoyment and noise considerations
- Pet policies appropriate for townhome living
- Parking regulations and guest parking
- Exterior appearance and modifications
- Move-in/move-out procedures
Living Near Commercial
Mixed-use means accepting some commercial activity nearby:
- Business hours may bring customer traffic
- Deliveries and service visits occur regularly
- Commercial signage is part of the community aesthetic
- Parking areas may be shared or designated
The trade-off is convenience—having services within walking distance adds real value to daily life.
Commercial Ownership
Commercial owners at Hadley Village are full association members with both rights and responsibilities.
Commercial Use Guidelines
The governing documents typically address:
- Permitted business types and uses
- Operating hours and noise restrictions
- Signage standards and approval processes
- Customer parking allocations
- Delivery and loading requirements
Balancing Interests
Commercial success and residential quality can coexist when:
- Business operations respect residential neighbors
- Commercial properties maintain their premises well
- Signage enhances rather than detracts from community appearance
- Customer and delivery activity is managed appropriately
Assessment Obligations
Commercial owners pay assessments per the declaration's allocation formula. They're also responsible for:
- Maintaining their building interiors and operations
- Carrying appropriate commercial insurance
- Complying with all applicable business regulations
- Participating in association governance
Maintenance Responsibilities
Clear maintenance responsibility division is essential in mixed-use communities.
Association Responsibilities
The association typically maintains:
- Common area landscaping and hardscape
- Community signage and entrance features
- Shared parking areas and lighting
- Common utilities and infrastructure
- Exterior elements as specified in CC&Rs
Individual Owner Responsibilities
Owners typically maintain:
- Unit interiors (residential and commercial)
- Systems serving individual units
- Private outdoor spaces
- Business-specific equipment and improvements
Review Your Documents
Mixed-use declarations often have detailed maintenance provisions that differ from simple residential communities. Review your specific governing documents to understand exactly what you're responsible for maintaining.
Communication and Services
All owners—residential and commercial—receive professional management support from Verdei.
Contacting Management
Available communication channels:
- Online Portal: Account access, payments, documents, requests
- Email: Direct communication with community manager
- Phone: Business hours support
- Emergency Line: After-hours for genuine emergencies
Response Expectations
- Same-day acknowledgment during business hours
- Regular updates on pending matters
- Understanding of mixed-use community dynamics
- Professional handling of residential/commercial coordination
Community Communications
Owners stay informed through:
- Email announcements and updates
- Annual meeting materials
- Board meeting notices and summaries
- Policy updates affecting their property type
For Prospective Buyers
Purchasing in a mixed-use community requires understanding additional factors beyond typical residential purchases.
Due Diligence
Whether considering residential or commercial purchase, review:
- Governing Documents: Understand permitted uses and restrictions
- Assessment Structure: How are costs allocated between property types?
- Financial Health: Are both residential and commercial owners paying assessments?
- Voting Rights: How much influence does your property type have?
- Commercial Activity: What businesses operate there now? What's permitted?
Questions for Residential Buyers
- What commercial uses are permitted adjacent to my unit?
- How are parking and traffic managed?
- What are the noise and operating hour restrictions?
- How have residential/commercial issues been handled in the past?
Questions for Commercial Buyers
- What business types are permitted or prohibited?
- What are signage and modification restrictions?
- How are commercial assessments calculated?
- What operating restrictions apply?
Work with a real estate agent experienced in mixed-use transactions. The evaluation process is more complex, but informed buyers can find excellent opportunities in well-managed mixed-use communities.
Key Takeaways
- 1Hadley Village is a mixed-use community with 39 townhomes and 2 commercial buildings
- 2Professional management by Verdei coordinates residential and commercial interests
- 3Assessment allocation and voting rights are defined by governing documents
- 4Mixed-use living offers walkability and convenience with commercial neighbors
- 5Clear maintenance responsibilities are essential—review your documents
- 6Prospective buyers should understand mixed-use dynamics before purchasing
Frequently Asked Questions
- How are assessments calculated in a mixed-use community?
- Assessment allocation is defined in the declaration and may be based on square footage, unit type, or other factors. Commercial properties often pay different rates based on their size and the benefits they receive from common services. Contact management for specific information about your property type.
- What types of commercial businesses are allowed at Hadley Village?
- Permitted uses are specified in the governing documents. Contact management or review your CC&Rs for the list of allowed and prohibited business types. Changes to permitted uses typically require owner approval.
- How do residential and commercial owners vote on association matters?
- Voting allocation is specified in the declaration. Some communities give equal votes per unit; others weight votes by size or type. Certain decisions may require separate approval from residential and commercial owners. Review the bylaws for details.
- What are the operating hour restrictions for commercial properties?
- Operating hours are typically addressed in the rules and regulations. Commercial owners should review these restrictions, and residential owners can familiarize themselves with what to expect. The board can modify rules to address issues as they arise.
- Who handles disputes between residential and commercial owners?
- Initial concerns should be raised with management. The board has authority to interpret and enforce community rules. For significant disputes, the association's governing documents outline dispute resolution procedures, which may include mediation.
- Can commercial properties have exterior signage?
- Signage is typically controlled by design guidelines that specify size, placement, lighting, and aesthetics. All signage usually requires architectural review approval before installation.
- How is parking allocated between residential and commercial uses?
- Parking allocation is addressed in the governing documents. Some spaces may be designated for specific uses (residential, customer, employee), while others may be shared. Review your documents or contact management for parking specifics.
- What happens if a commercial property becomes vacant?
- Commercial owners remain responsible for assessments and property maintenance regardless of occupancy. The board may establish standards for vacant property maintenance and marketing to protect community appearance and value.
Disclaimer
This guide provides general information about Hadley Village Owners Association and is current as of the publication date. Specific rules, policies, fees, and procedures are governed by the association's official documents which supersede any information here. Mixed-use communities involve complex considerations; prospective buyers should carefully review all documents and consult appropriate professionals before purchasing.