Developer details Lake Point buildout, says model homes and sales center targeted for spring 2027

Scott Jones of Brookfield Residential told the Covington City Council on June 9 that the Lake Point master-planned community is moving toward the first round of home construction and a sales center, though commercial development depends on outside agreements and market demand. “We’re moving towards completion of the first neighborhood ... to start building homes here fairly soon,” Jones said during a presentation to the council.

Jones said phase 2.1 — the first large residential neighborhood after the separate Maple Hills 5 pocket — is about 90% complete from a lot-development standpoint and that the developer expects to pull permits for model homes and to begin construction on “somewhere between 40 to 60 homes this year.” He said the project team is aiming for a spring 2027 grand opening for the sales center and public model tours.

On amenities, Jones described a network of trails and parks: a south-side Highlands Trail (12 feet wide, roughly a mile), a lake-loop of about a mile, Windfall Park on the peninsula and a small dog park located in a corner of the community. Jones said the dog park is intended primarily for Lake Point residents, noting it will be “pretty small” and limited by parking and access.

Jones also discussed sustainability and building standards, saying the team plans to construct homes and commercial buildings to LEED-equivalent standards while not pursuing formal LEED certification because of cost and limited perceived value.

Commercial development remains the most uncertain piece. Jones said the project is working with CenterCal as a partner but that CenterCal is "not under contract yet" and is conducting feasibility and leasing work. "They still have about four to six months of work and feasibility where they can decide...this isn't going to work at no cost to them other than what they've invested in plans and time," he told the council.

Council members pressed the developer on prices, timing and services. Jones gave price guidance, saying he expects starting prices in the low–mid $600,000s for some products and that some single-family detached homes would be "a little over a million." On retail timing and demand, the developer cited a rule of thumb that a grocery store typically needs about 5,000 rooftops to support it and said the larger retail timeline could sit in 2028–2029 depending on lease commitments.

Council members and staff raised questions about homeowner association responsibilities for park maintenance, whether public events such as a ribbon-cutting will be timed with community outreach like Covington Days, and how sales and commercial timelines will affect marketing and resident expectations. Jones said the team is coordinating with city staff on acceptance, permitting and safe opening of the new road connection to Lake Point.

The presentation ended after an extended Q&A in which council members sought clarity on the scope of amenities, timing for commercial tenants and the developer’s public outreach plans; the council did not take any regulatory action on the project at the meeting.