Brookfield, Toll Brothers present Lakepointe master plan; Lake Point Boulevard expected to open next spring

Developers from Brookfield Properties and Toll Brothers gave the Covington City Council a detailed update July 22 on the Lakepointe master plan, saying major roadway work is nearly finished and that commercial leasing and home-building phases will roll out over multiple years.

Brookfield project manager Scott Jones told the council that Lake Point Boulevard is “pretty close, probably 90% complete with the roadway,” and that the developer plans to transfer the road to the city next spring and open it to traffic once seasonal construction is complete. He said the earliest the team would submit site-development permit applications would be next year and that “it’s at least 2 years from now before we’re probably going vertical in construction,” meaning visible commercial and large-scale building is not imminent.

The update combined marketing and design details, construction status and early tenant-recruitment efforts for a commercial town center. Jones and other presenters described branding work led by the agency Drake Cooper (entered in the Cascadia Creative Awards) and a placemaking partnership with CenterCal to market and lease the town-center parcels.

Why this matters: Lakepointe is a multi-phase master plan on land adjacent to King County parkland and will add housing, trails and commercial space that will affect traffic, parks and local services. Council members, commissioners and residents asked about timing, housing types, affordability, and infrastructure such as sewer and wildlife crossings.

Most important facts - Roadway and access: Brookfield said Lake Point Boulevard has curb/gutter, landscaping and a first lift of asphalt; the developer intends to transfer the roadway to the city in spring and open it to traffic after winter hauling is done. - Timeline for building: Scott Jones told the council the earliest filing for site-development permits is next year, with vertical construction likely two years or more after that depending on market and tenant commitments. - Housing mix and prices: Developers said the project includes a completed 22-lot neighborhood (Maple Hills), a Phase 2.1 planned to include about 170 homes (mix of single-family, townhomes and multifamily), Phase 3 roughly 260 homes, and further phases to the north. Map materials shown at Covington Days projected single-family base prices in the mid-$900,000s up to about $1.1 million; multifamily/condo starting prices were described as starting in the $600,000s. Presenters estimated smaller units in the range of roughly 1,200–1,500 square feet and larger single-family homes up to about 2,600–3,000 square feet. - Sales and models: Toll Brothers plans to open a centralized model village with about 14 model homes (two models per product on roughly seven product types) to let prospective buyers compare home styles in one area. - Town center and leasing: Brookfield said it has hired CenterCal to help develop a vision and begin tenant outreach; Jones said interest has been “good” but that lease commitments will take more time. - Infrastructure and amenities: The plan includes a wildlife undercrossing under Lake Point Boulevard, connections to the Highlands and Jenkins Creek trails, a peninsula park and a half‑acre park in the commercial area. The developer said a dog park is planned in Phase 2.1 in a utility corridor (the Williams pipeline area) and noted constraints around public parking for neighborhood‑scale amenities. - Senior living and services: The team described a potential senior-living facility on the peninsula with multiple levels of care (independent living, assisted living and memory care) so residents could move within the same facility as needs change. - Utilities and outreach: Jones said Timberlane sewer installation work is ongoing and the developer has distributed monthly updates and a QR code for resident updates. Council members and the developer discussed the need for continued outreach to adjacent homeowners. - Sustainability: Brookfield has engaged a local firm (Delta e) to develop a master sustainability plan and said that work is about three-quarters complete.

Details and council questions Council members asked about timing for the Lake Point Boulevard ribbon cutting (the developers said spring), the size and location of the dog park (developers said it would be in the Williams pipeline area but the exact size was not specified), and the pricing and square-footage ranges for different home types. On senior living, Jones clarified that the proposed facility would not be a 55+ neighborhood but a residential care campus with multiple care levels.

The developers emphasized that the master plan material shown was conceptual and subject to change. Jones repeatedly described the renderings as early-stage and said specific commercial tenants had not been announced.

What's next Brookfield said it will continue pre‑development work, pursue sustainability planning with city staff, and return with updates as tenant commitments and permit applications progress. The council thanked the team and said it expected ongoing updates as the project advances.

Ending The presentation provided a detailed look at the scope and timeline for Lakepointe but contained no formal council vote or land-use decision. Developers and city staff indicated they will continue to brief the council and neighborhood as permit applications are prepared and tenant agreements evolve.