I don't think I'd ever move there. It's built in the Flood Fringe and while they have put measures (berms) in place, it's arguable whether or not they would sufficiently be able to contain a significant storm event. And once flooded it looks like it would act as a giant bathtub with nowhere to drain.
Flood Fringe Map
Just note that the developer and City did do a lot of work to study the effects of a storm event and the above just represents my opinion based on the facts surrounding the development.