Publications

Transactions - MAY 19, 2017

Oakpointe to develop $670m mixed-use community in Washington

by Released

The City of Covington has unanimous approved a 214-acre master planned mixed-use community to be developed by Oakpointe Communities and Presidio Residential Capital. The value of this project will exceed $670 million.

The project, LakePointe Urban Village, will include a 850,000 square-foot regional entertainment and lifestyle center, a 130-key hotel and up to 1,500 single-family and multifamily residences in Covington, Wash., which is 30 miles from Seattle.

The centerpiece of the community will be a peninsula extending into a 20-acre lake with retail shops, restaurants, single-family and multifamily homes, a pavilion park, open space and trails.

Groundbreaking is expected to begin in early 2018.

 

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy