Cobblestone Plaza
A commercial owners' association (office, retail, industrial, or business-park units) — not a residential community.
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What Cobblestone Plaza's governing documents say
Cobblestone Plaza is a commercial retail/office center in Phoenix, AZ. The property is divided into six parcels, each owned separately, with an owners association that maintains common areas and enforces rules. This document, an amended declaration, binds all current and future owners and their tenants. It is not a residential community; it governs commercial use, maintenance, and assessments for the shopping center.
- What you own & maintain: Each parcel owner owns the building and improvements on their parcel. The owner is responsible for all maintenance and repairs of their building. The association maintains the Common Maintenance Area (parking, landscaping, driveways) and may paint building exteriors if required.
- Assessments & fees: Owners pay regular monthly assessments based on their parcel's Percentage Share (square footage relative to total property). Special assessments for capital improvements require approval of two-thirds of membership. Late assessments incur interest (prime rate plus 4%) and lien rights. Owners of parcels I, K, M are exempt from certain exterior maintenance costs.
- Architectural review: All construction, alteration, or landscaping on any parcel must be approved by the Architectural Review Committee (ARC). Plans and specifications must be submitted, and ARC has time to review. Declarant's own improvements are exempt.
- Use restrictions: Property is limited to retail, office, and commercial uses consistent with a planned commercial center. No nuisance activities, and all uses must comply with city ordinances. Signs must be approved by the association.
- Parking & easements: Mutual reciprocal easements provide vehicular and pedestrian access across parcels. Owners of parcels I, K, M have exclusive control over parking spaces within their parcels. The association may regulate parking on common areas to maximize customer parking.
- Membership & voting: Each parcel owner is a member of the association. Voting power is based on Percentage Share. Declarant (developer) has weighted Class B voting rights that convert to Class A after ten years or upon sale. Board decisions on disputes are final and binding.
Key facts from Cobblestone Plaza's documents
- Community type
- Planned commercial center (retail, office, professional services) (Recital B: 'planned a retail, office and)
- Units / lots
- 6 parcels (Parcels A-F as shown on Parcel Map, plus potential addition of 3 more parcels (I, K, M)) (Section 1.13: 'each of the six (6) parce)
- Developer / declarant
- COBBLESTONE PARTNERS, an Arizona general partnership (Preamble: 'made by COBBLESTONE PARTNERS,)
- Assessments & dues
- Not fixed; determined by Board based on operating budget. (Section 4.3: 'amount and time of payment)
- Special assessments
- For capital improvements, requires assent of 2/3 of votes entitled to be cast at a meeting called with 30-60 days notice (Section 4.4)
- Collections & liens
- Unpaid assessments create a continuing lien on the parcel; Association may foreclose as a realty mortgage or deed of trust (Sections 4.1, 5.1, 5.3)
- Reserves & fees
- Board may establish and maintain a reserve fund from regular assessments for periodic maintenance, repairs, replacements (Section 4.3: 'adequate to meet the costs)
- Pets
- No animals except seeing-eye and hearing-ear dogs (Section 8.5: 'No animals of any kind sha)
- Leasing & rentals
- Yes, Owner may lease all or part of building; lease must be in writing and subject to Declaration; lessee and Owner jointly and severally liable (Section 8.14)
- Parking & vehicles
- Association may establish regulations; Owners of Parcels I,K,M have exclusive use of parking within their parcels; only passenger autos, vans, pickups allowed to park (except temporary construction vehicles) (Sections 3.2.1, 3.3.2, 8.8)
- Fences
- Fences require ARC approval. (Section 6.1)
- Architectural approval
- Yes, for construction, exterior alteration, signs, landscaping changes, and interior decorations visible from outside approval by Architectural Review Committee (Section 6.1)
- Signs & flags
- All signs require ARC approval; one 'for sale/lease' sign per building allowed in designated area; Declarant's temporary signs for up to five years (Section 8.4)
- Maintenance
- Part of Building; owner responsibility (Section 3.1). (Section 3.1 (all maintenance necessary t)
- Insurance
- Association shall maintain insurance as Board deems necessary (casualty, liability, etc.) (Section 7.5)
- Use restrictions
- No; commercial use only; no residential or non-business purpose allowed (Section 8.1: 'used exclusively for provi)
- Voting & meetings
- Two classes: Class A (owners) vote based on percentage share; Class B (Declarant) votes weighted by 4 times percentage share until conversion (Section 2.3.1 and 2.3.2)
- Amendments
- Requires approval of three-fourths of votes entitled to be cast; amendment must be recorded; except percentage share changes require 2/3 Owner approval and no more than 25% change without affected Owner's consent (Section 9.5 and 4.5)
About this HOA
Cobblestone Plaza is a homeowners association in Phoenix, AZ.
HOAproxy has 3 documents on file for Cobblestone Plaza: 2 amendments and 1 CC&R. Last updated 2026-07-18.