The Park at Buckingham Apartments: Difference between revisions

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'''Highland Peak Apartments''' (originally '''Ski Lodge Apartments''', later '''Aspen Ridge Apartments''') were built in [[1972]] off of [[West Valley Avenue]] in [[Homewood]] as the first of three Ski Lodge apartment communities.
'''The Abbey at Boulder Ridge''' (originally '''Ski Lodge Apartments''', later '''Aspen Ridge Apartments''' and '''Highland Peak Apartments''') is a 585-unit apartment complex built in [[1972]] on [[Aspen Circle]] off of [[West Valley Avenue]] in [[Homewood]]. It was the first of three Ski Lodge apartment communities constructed.


The three communities have a total of 1,840 one-, two- and three-bedroom units, currently renting for around $400 - $800 a month.
Miami, Florida-based Fifteen Asset Management sold the three communities in January [[2007]] to Miles Properties of Atlanta. The new owners announced a $15 million overhaul focusing on roofing repairs, interior finishes, landscaping and amenities, including a wifi enabled coffee bar, a fitness center, new grilling areas and events programming. After the work was complete, rents were raised by $50 or more, with discounts for full-time students. The complex was renamed Aspen Ridge Apartments by Miles Properties.


Miami, Florida-based Fifteen Asset Management sold the three communities in January 2007 to Miles Properties of Atlanta. The new owners are set to begin a $15 million overhaul focussing on roofing repairs, interior finishes, landscaping and amenities, including a Wifi enabled coffee bar, a fitness center, new grilling areas and events programming. After the work is complete, most rents will be raised by $50 or more, with discounts for full-time students.
In [[2009]] [[Wachovia Bank]] sued Miles Properties for defaulting on a $57 million loan for renovations to multiple properties. The suit claims that Miles withheld payments, wrongly took possession of rents and insurance proceeds, and left property taxes unpaid, subjecting the properties to possible liens or tax sales. The suit further alleged that Wachovia believed that the properties may have deteriorated in value for lack of maintenance.
 
On [[April 2]], 2009, all residents got a letter stating that Miles Properties had sold the property to Julian LeCraw and Company of Atlanta. Residents were able to renew their leases, however, but the property remained in foreclosure. In August [[2010]] the [[Homewood City Council]] voted to submit a bid to purchase the complex for future redevelopment.
 
In November [[2010]], Wells Fargo, successor to Wachovia, sold the three complexes to [[Abbey Residential]]. Abbey president [[J. Frank Barefield, Jr]] and regional manager [[Jenny Moore]] immediately began evicting tenants who were behind on rent and enforcing rules against loitering. They worked with [[Birmingham Police Department|Birmingham]] and [[Homewood Police Department|Homewood]] police commanders to increase patrols.
 
On [[December 12]], [[2011]], a cooking fire got out of control, destroying one building. A total of 20 units were damaged, displacing 13 families, but no one was injured.
 
On [[December 14]], [[2012]], Araceli Juarez-Montero, 30, was found beaten to death, along with her two sons, at their apartment in the complex. Anna Patricia Dominguez was arrested and charged with murder. The remains of a male homicide victim were found at the complex in September [[2021]].
 
Contour Development of Bloomfield Hills, Michigan acquired The Park at Buckingham, [[The Park at Callington]], and [[The Park at Carlyle]] from a Texas-based company for $93.53 million.


== See also ==
== See also ==
* [[Highland Bluff Apartments]]
* [[The Park at Callington Apartments|Ski Lodge II]] (now [[The Park at Callington Apartments]])
* [[Highland View Apartments]]
* [[The Park at Carlyle Apartments|Ski Lodge III]] (now [[The Park at Carlyle Apartments]])


==References==
==References==
* Kent, Dawn (February 25, 2007) "New face for ex-Ski Lodge." ''Birmingham News''.
* Kent, Dawn (February 25, 2007) "New face for ex-Ski Lodge." '{{BN}}
* Hubbard, Russell (April 5, 2009) "Homewood's Aspen Run apartments snowed under in debt."  {{BN}}
* Singleton, William C. III (August 17, 2010) "Homewood City Council votes to bid on purchase of apartment complex."  {{BN}}
* Hubbard, Russell (November 21, 2010) "3 apartment complexes sold in one big real estate deal." ' {{BN}}
* Robinson, Carol (May 20, 2011) "Jenny Moore taking back Birmingham and Homewood apartments from crime."  {{BN}}
* Gray, Jeremy (December 12, 2011) "Homewood firefighters battle blaze at Highland Peaks apartments."  {{BN}}
* Singleton, William C. III (December 13, 2011) "[http://blog.al.com/spotnews/2011/12/13_families_were_displaced_by.html 13 families were displaced by fire at Highland Peaks apartments in Homewood]."  {{BN}}
* Robinson, Carol (December 17, 2012) "Lawmen arrest suspect in Homewood triple murder." {{BN}}
* Van der Bijl, Hanno (May 8, 2019) "Three Birmingham apartment buildings sell for $93.53M." {{BBJ}}
 
==External links==
* [http://www.apartmentsinhomewood.com/ Abbey at Boulder Ridge] website


[[Category:Apartment buildings]]
{{DEFAULTSORT:Park at Buckingham Apartments, The}}
[[Category:Apartment complexes]]
[[Category:1972 buildings]]
[[Category:1972 buildings]]
[[Category:West Valley Avenue]]
[[Category:West Valley Avenue]]
[[Category:Aspen Circle]]
[[Category:Homewood apartments]]

Latest revision as of 15:06, 26 August 2022

The Abbey at Boulder Ridge (originally Ski Lodge Apartments, later Aspen Ridge Apartments and Highland Peak Apartments) is a 585-unit apartment complex built in 1972 on Aspen Circle off of West Valley Avenue in Homewood. It was the first of three Ski Lodge apartment communities constructed.

Miami, Florida-based Fifteen Asset Management sold the three communities in January 2007 to Miles Properties of Atlanta. The new owners announced a $15 million overhaul focusing on roofing repairs, interior finishes, landscaping and amenities, including a wifi enabled coffee bar, a fitness center, new grilling areas and events programming. After the work was complete, rents were raised by $50 or more, with discounts for full-time students. The complex was renamed Aspen Ridge Apartments by Miles Properties.

In 2009 Wachovia Bank sued Miles Properties for defaulting on a $57 million loan for renovations to multiple properties. The suit claims that Miles withheld payments, wrongly took possession of rents and insurance proceeds, and left property taxes unpaid, subjecting the properties to possible liens or tax sales. The suit further alleged that Wachovia believed that the properties may have deteriorated in value for lack of maintenance.

On April 2, 2009, all residents got a letter stating that Miles Properties had sold the property to Julian LeCraw and Company of Atlanta. Residents were able to renew their leases, however, but the property remained in foreclosure. In August 2010 the Homewood City Council voted to submit a bid to purchase the complex for future redevelopment.

In November 2010, Wells Fargo, successor to Wachovia, sold the three complexes to Abbey Residential. Abbey president J. Frank Barefield, Jr and regional manager Jenny Moore immediately began evicting tenants who were behind on rent and enforcing rules against loitering. They worked with Birmingham and Homewood police commanders to increase patrols.

On December 12, 2011, a cooking fire got out of control, destroying one building. A total of 20 units were damaged, displacing 13 families, but no one was injured.

On December 14, 2012, Araceli Juarez-Montero, 30, was found beaten to death, along with her two sons, at their apartment in the complex. Anna Patricia Dominguez was arrested and charged with murder. The remains of a male homicide victim were found at the complex in September 2021.

Contour Development of Bloomfield Hills, Michigan acquired The Park at Buckingham, The Park at Callington, and The Park at Carlyle from a Texas-based company for $93.53 million.

See also

References

External links