This seems like a large apartment/condo complex with a variance for number of parking spaces.[0] I think the distinction between this and a conventional neighborhood is that the central organization retains property ownership. Culdesac Tempe has "700+ furnished and unfurnished apartment homes for rent." The proportion of property owned vs rented is significant because of the skin in the game a person with an ownership has and how that drives different tradeoffs. I suppose neighborhoods with super-powerful and intrusive Home-Owners Associations would be similar to Culdesac Tempe.