Capital Projects

Per LOWA Admin resolution 2015-6 this web page was designed to help keep members informed about projects funded by the New Asset and Improvement Reserve (NAIR).  The purpose of the NAIR is to set aside monies to acquire new assets or to improve existing assets that are not included in the formal Reserve Study Analysis, or reflected in the accounting records of LOWA. These monies can also be used to cover the cost of significant additions to existing buildings.  

Other capital projects, such as those funded by one of the other the three funds,  Repair & Replacement Reserve (R&R), Contingency Reserve (CR), and New Construction & Renovation Fee Reserve (NCRF), may be included on this page if the LOWA Board of Directors and / or the GM deem it appropriate.

Clubhouse Area Recreation Complex Project

 The Clubhouse Area Recreation Complex Project (CARC) is a major capital project that is designed to reconstruct, renovate, update the amenities in the area of the Clubhouse. The CARC project gives our community 25 ADA-compliant parking spaces for the Clubhouse, beach, fitness center and pool. Our old beach bathrooms will be replaced and moved closer to the beach. The fifty-year old bathhouse/fitness center building will be replaced with new infrastructure that will better meet the needs of our members. The swimming pool will be replaced with a/multipurpose pool that will meet the needs of all ages, from toddlers to seniors, as well as the needs of our physically challenged members. The old snack bar for the pool will be replaced by a new snack bar serving all members using the Clubhouse beach area, not just pool users. A new basketball court will be built for our youth to replace the old court.

Clubhouse Area Recreation Complex
Project Update
As of January 8, 2019

Project Cost Estimate (Budget):  $5,086,193
Current Funding:   

  • $458,422 – Cash allocated by Board
  • $818,000 – Year 1 ($191/lot) billed in Regular Assessment
  • Up to $5 Million Mutual of Omaha Bank loan in place June 20.

RRMM Lukmire Architects Cost Comparison
Downey Scott Cost Estimate- February 22, 2018
Wack General Contracting Master Schedule

Project Progress
Design: 100 percent complete
Bidding: Complete.  Board awarded construction contract to Wack General Contractor (Thos. J. Wack Company) May 16. Contract executed June 8. 
Permitting: Complete 
Construction: Schedule June 2018-June 2019

  • Placement of exterior wall insulation (New)
  • Pressure test on drains and skimmers piping found no issues. (New)
  • Prep slab for concrete (New)
  • Total to date: $1,041,080.57; Payment # 5 in process.
  • Pour slab on grade for buildings (New)
  • Electrical rough-in under the pool deck. (New)
  • Finish pool piping towards pump room. (New)
Communication:   April 30 Information Session was a success with 109 members participating.

Project Photo Archive

Wack General Contracting Reports

CARC Project Information Links

Click on the links below for more information about the project:

Lake Currents Articles Regarding CARC

Wack General Contracting Master Schedule

Project Graphics & Renderings