{"url":"https://newsforagent.com/news/2026-10-14/toll-brothers-brookfield-lakepointe-community","markdown_url":"https://newsforagent.com/news/2026-10-14/toll-brothers-brookfield-lakepointe-community.md","title":"Toll Brothers and Brookfield Launch LakePointe Community","headline":"Toll Brothers and Brookfield Residential Announce LakePointe Master-Planned Community in Covington","description":"Toll Brothers and Brookfield Residential announced LakePointe, a joint venture master-planned community in Covington, Washington.","section":"Partnerships","published_at":"2026-10-14T19:09:26+00:00","modified_at":"2026-10-14T19:09:26+00:00","author":"News Desk","key_takeaways":["Toll Brothers and Brookfield Residential announced LakePointe, a joint venture master-planned community at 25430 200th Lane SE in Covington, Washington.","LakePointe will offer six collections of Toll Brothers homes, including 2- to 4-bedroom townhomes and 3- to 6-bedroom single-family homes from 1,204 to 2,878 square feet.","Sales at LakePointe are anticipated to begin in mid-2027, with the opening of LakePointe Boulevard to Highway 18 later this year."],"companies":[{"name":"Toll Brothers","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00009fb/toll-brothers","website":"https://www.tollbrothers.com"},{"name":"Brookfield Residential Properties","is_primary":false,"profile_url":"https://akta.pro/company-profiles/000b2cl/brookfield-residential-properties","website":"https://www.brookfieldresidential.com"}],"source":{"publisher":"GlobeNewswire","title":"Toll Brothers and Brookfield Residential Announce New Master-Planned Community Coming Soon to Covington, Washington","url":"https://www.globenewswire.com/news-release/2026/10/14/3381088/1924/en/toll-brothers-and-brookfield-residential-announce-new-master-planned-community-coming-soon-to-covington-washington.html"},"other_sources":[],"tags":["Partnerships","Toll Brothers","Brookfield Residential Properties"],"body_markdown":"Toll Brothers and Brookfield Residential announced on October 14, 2026, that their joint venture master-planned community, LakePointe, is coming soon to Covington, Washington. The announcement, published by [GlobeNewswire](https://www.globenewswire.com/news-release/2026/10/14/3381088/1924/en/toll-brothers-and-brookfield-residential-announce-new-master-planned-community-coming-soon-to-covington-washington.html), states that site work is underway at 25430 200th Lane SE and sales are anticipated to begin in mid-2027.\n\n## LakePointe Homes and Lakeside Setting\n\nLakePointe will offer contemporary single-family homes and townhomes by [Toll Brothers](https://akta.pro/company-profiles/00009fb/toll-brothers) in a lakeside setting, 35 minutes from downtown Seattle in King County. [Brookfield Residential Properties](https://akta.pro/company-profiles/000b2cl/brookfield-residential-properties) designed the community around parks, trails, and future walkable retail.\n\nThe community will offer six distinctive collections of Toll Brothers homes, including 2- to 4-bedroom townhomes and 3- to 6-bedroom single-family homes, ranging from 1,204 to 2,878 square feet, all with 2-car garages. Walking paths will connect residents to community parks, green spaces, the future lake, retail, and dining.\n\nTodd Callahan, Regional President of Toll Brothers for the Pacific region, said, \"We are thrilled to introduce LakePointe, a thoughtfully planned community that combines the beauty of lakeside living with the convenience of urban accessibility.\" He added that LakePointe is set to redefine luxury living in south King County.\n\nHome shoppers will use the Toll Brothers Design Studio to choose selections with assistance from professional Design Consultants. The landmark opening of LakePointe Boulevard to Highway 18 later this year will connect residents to Seattle, Bellevue, SeaTac International Airport, and Tacoma.\n\n## Toll Brothers Scale and Recent Moves\n\nAccording to [akta.pro company records](https://akta.pro/company-data), Toll Brothers operates in over 60 markets across the United States and was named the #1 Most Admired Home Builder in Fortune magazine's list of World's Most Admired Companies for the ninth consecutive year in 2026. The company reported Q2 FY2026 net income of $260.6 million, or $2.72 per diluted share, on home sales revenues of $2.51 billion, with 2,491 homes delivered.\n\n## Toll Brothers Deals Leading to LakePointe\n\nToll Brothers acquired 50 acres near a popular farm market in Ambler for $11.7 million, a site approved for 34 homes, American City Business Journals reported in October 2026. The same month, The Real Deal reported that Toll Brothers bought two properties on 10th Avenue and West 18th Street for $45 million from the Nanis family. In October 2026, American City Business Journals also reported that Toll Brothers filed plans for a 240,000-square-foot building in Chelsea with 105 residential units.\n\n## LakePointe Sales Timeline\n\nSales at LakePointe are anticipated to begin in mid-2027, according to the announcement. The opening of LakePointe Boulevard to Highway 18 is expected later this year.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}