Once acquired, F&H faced two major options on how to finish developing Lakewood: Option 1: Proceed with the undeveloped acreage with inexpensive homes that would produce much higher annual lot sales. Option 2: Finish the development as an upscale community. They chose this. They retained the services of…
As part of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), F&H was directed to sell all the undeveloped land in Lakewood, and divest itself of the Golf Club. This had to be done by December 31, 1992.
They began with 3 sculptures on the Rock, and then added two Double Dancer Wind Sculptures to create a “Wind Forest.” This is now a landmark in Lakewood which helped transform an unsightly rocky area into a popular focal point hosting events–weddings, yoga and more. LGC added landscaping and a…
The Activities Committee introduced the Lighted Boat Parade, to be held annually on the night before the 4th of July festivities. Boats gather at “The Rock” and cruise both sides of the lake as a parade to light up the night for neighbors.
These had been made available for lease to Lakewood residents, and this amenity was canceled, as the subsidy was too great (only 3 families used them).
The undeveloped land comprising the “back nine” of the golf club was sold to Don Julian and Bob Morrissey. The rest of the land was sold to either Julian and Morrissey (The Shores), Koehler Building Corp (The Forest), or Longhorn Asset Management of Dallas, Texas (East Lake Village, SouthPointe, The…
During a deep freeze in early 2014, a 1” pipe burst in the Lakewood Oaks Golf Clubhouse and flooded the Men’s Locker Room and the Augusta Room. Throughout the year, steps were taken to improve this deferred maintenance in the clubhouse and the facility received much needed repairs that would…
On Christmas Eve, 2023, the Lakewood Oaks Country Club suffered burst pipes upstairs, flooding the entire lobby and offices. The staff and offices were displaced for the next 12 months. Throughout 2024, in concert with Nationwide Insurance and LPOA, the LHC completed a $925,000 renovation of portions of the Main…
Until now the lakes had been 10-11 feet below full pool. On Sep 11 there was a large rainfall that brought the lakes up about 2.5 feet. By Monday, September 12 (the same night as the Plaza flood), the Lakewood area received almost 16 inches of rain in a four-hour…
Founded in 2001, the Sail & Paddle Club has been providing “On the Water“ access for Lakewood residents for over 20 years. It was established by Steve Bertken with three Butterfly Sailboats providing sailing lessons for kids and weekly group sail events for residents. Later it expanded to include kayaks, paddle boards and canoes. In…
