Dear Silverlake Residents,

 

The Silverlake Board of Directors would like to provide the community with an update regarding the future onsite office project.

 

At the end of April, the Association’s current landlord notified the Board that the current onsite office lease, which expires in January 2027, will not be renewed because the neighboring tenant plans to expand into the Association’s existing leased space.

 

Following that notice, the Board and management immediately began reviewing available commercial office spaces within the Silverlake area. After evaluating multiple options, it became clear that replacement lease opportunities were significantly more expensive than the Association’s current arrangement.

 

Based on the proposals reviewed, a comparable replacement office lease would cost approximately $120,000 per year before utility costs and tenant buildout expenses, with annual increases of approximately 4%. Over a 10-year period, the Association would spend roughly $1.4 million in lease payments for a property the Association would not own. This total also would not include the substantial costs required to build out and customize a leased space for Association operations.

 

After extensive discussion and financial review, the Board elected to pursue construction of a permanent onsite office facility adjacent to the clubhouse at Silverlake Park using reserve funds that are currently invested and earning high interest. The Board determined this option would allow the Association to create a long-term community asset rather than continuing to pay escalating lease costs indefinitely.

 

Financially, the projected ownership model is expected to offset the equivalent lease costs in approximately seven years, after which the Association would only be responsible for routine building maintenance rather than continuing escalating commercial lease payments.

 

This project is being fully funded through the Association’s existing investment reserve funds. There will be no special assessment associated with this project.

 

The new onsite office is intended to provide several long-term benefits for the community, including:

 

• A permanent Association-owned office facility

• Additional meeting and storage space for community operations

• Improved workspace for onsite staff and community support services

• Better operational efficiency for amenity and maintenance oversight

• Additional storage for seasonal pool and event equipment

• Increased onsite presence near community amenities and parks

• Dedicated office space for contracted law enforcement personnel serving the community

 

At the recent Board meeting, the Board ratified the following preliminary actions regarding the project:

 

• Approved a preliminary general project budget ranging from approximately $635,000 to $685,000

• Confirmed the proposed site location adjacent to the clubhouse facilities

• Authorized management to begin liquidating a portion of the Association’s CDARs accounts to fund the project

 

The Association is currently in the design and planning phase of the project. The Board’s anticipated timeline is:

 

• Mid to Late June – Preliminary design plans completed

• July – Formal construction bidding process

• Late August – Anticipated groundbreaking/construction start

 

Due to the required timeline for vacating the current leased office space by the end of January 2027, the Board is moving through the planning and decision-making process quickly in order to keep the project on schedule.

 

The vendor currently assisting with the design and planning phase is Oak Haven Construction / Axis HOA Maintenance. Many residents may already be familiar with their work within Silverlake, including projects such as the clubhouse renovation, installation of lighting at Stonebridge Park, walking trail bench installations, porter and maintenance services, and various other community improvement projects.

 

As the project progresses, additional updates will be provided regarding design plans, timelines, and construction activity.

 

We appreciate everyone’s patience and support as the Association works through this important long-term investment in the community.

 

Sincerely,

Silverlake HOA Board of Directors

Crest Management Company, AAMC

Grab your swimsuits & towels and get ready for an action-packed night under the stars!

 

Saturday, 5/30, Showing A Minecraft Movie

Complementary popcorn, candy, drinks, & ice cream provided.

Doors open at 7:30, Movie starts at 8:00pm

Spaces are limited as max capacity in the pool area is 200 guests, please form a line outside the door.

Max 5 guests per household.

Amenity access is required. Please use the app or your card with ID. No signups will happen during the event.

There is no pre-registration for this event. Entry will be based on your place in line.

No floaties allowed in the pool during the film.

 

New Sheriff's Office Contact for Silverlake: 

 

We now have 2 Sheriff's Office Deputies located in the Silverlake area. They have created an email to directly send any complaints or requests regarding Silverlake needs.

Please only use the email and phone number below to address concerns that would require police dispatch or assistance. For all emergencies, please call 911.

Email: silverlakemud@brazoriacountytx.gov

Non-emergency line: 979-864-2200