OPINION: The Central Area Project — What Will It Cost?

Insights Into the Central Area Project Preliminary Cost Modeling Estimates, What Members Might Expect to See

[Editor’s Note: Ordinarily The Oakmont Observer will not reprint articles that have first appeared as posts on Nextdoor. We are making an exception in this case, because of the importance and timeliness of the topic and the failure of transparency by the OVA Board of Directors. OVA members should have seen cost estimates along with the conceptual plans presented to us last summer, and we certainly should have such estimates in hand before being asked to vote for new members of the Board this spring.]

The Oakmont Village Association (OVA) is advancing discussions regarding a Central Area Complex Master Plan, which includes ambitious and costly building projects. In September 2024, the Board of Directors voted to move this project forward into the cost modeling phase, a critical step in understanding the financial implications and feasibility of these potential improvements.

A Cost Modeling Report has been submitted to the Board; however, it has not been shared with the general membership. Transparency at this stage is essential to ensure all members, especially those considering leadership roles in the upcoming election, are informed about the preliminary cost estimates for these significant undertakings.

What Does a Preliminary Cost Modeling Report Typically Reveal?

At this early stage, a cost modeling report typically provides key insights, including:

1. Cost Estimates for the Concepts – Members could see the projected financial range for each proposed design option approved by the Board. This includes construction, landscaping, accessibility features, and parking improvements.
2. Breakdown of Expenses – A detailed allocation of costs—materials, labor, contingencies, and soft costs (such as architectural and engineering fees)—would illustrate where funds are prioritized.
3. Impact on Dues or Assessments – Preliminary modeling often estimates how such projects might affect member dues or necessitate special assessments, use of reserve funds, giving the community an idea of long-term affordability.
4. Timeline and Phased Development – The report may outline proposed timelines and whether the project would be implemented in phases, enabling flexibility and adjustments based on feedback or funding availability.
5. Comparison with Existing Conditions – Cost estimates could include what it takes to upgrade or maintain current facilities versus investing in entirely new structures.
6. Economic Implications for Members – Knowing these figures helps members assess how the project aligns with the community’s fiscal health and broader goals.

For reference, a cost modeling report often serves as a preliminary tool for analyzing financial feasibility and project prioritization, as highlighted by the American Institute of Architects (AIA) in its guidance on project budgeting and early-stage planning. Such reports are critical for making informed decisions in complex projects (see https://www.aia.org).

Why Transparency Matters Now

Decisions of this magnitude should not be made without comprehensive input from OVA members. The release of the Cost Modeling Report would:

• Foster Community Engagement: Informed members can better participate in discussions about the Central Area Complex’s future.
• Empower Election Candidates: Non-incumbent candidates deserve access to this data to advocate for or against proposals responsibly.
• Ensure Financial Responsibility: Early transparency allows members to weigh the potential benefits of large-scale development against its financial impact.

Without access to the cost modeling data, the community is left in the dark about the feasibility of these projects. Transparency at this stage ensures that decisions are made collectively and responsibly, with a clear understanding of potential financial impacts on the membership.

Action Plan

I urge the Board to release the preliminary cost modeling report to the membership. An informed community is better positioned to make decisions that align with Oakmont’s values and long-term sustainability.

For up-to-date and specific information about the release of the Cost Modeling Report, contact:

• President Heidi Klyn at Heidi.Klyn@oakmontvillage.com
• General Manager Christel Antone at Christel@oakmontvillage.com

Ask what information the report contains and when members might expect its publication.