The 7,800 acres that make up Lookout Point are managed cooperatively by the Corps and the Willamette National Forest. The lake and its shoreline provide habitat for a number of rare species, including northern spotted owl, western pond turtles, Chinook salmon, and Oregon chub. Bald eagles winter and regularly nest at Lookout Point.
The Willamette Valley Environmental Stewardship program focuses on restoring degraded uplands, wetlands and streams on Corps lands. Recent wildlife habitat improvements on Corps lands here center on replacing invasive plants with native trees and shrubs, and restoring hydrology and topography to support native plants and wildlife habitat.
To mitigate impacts of Corps dams on Chinook salmon and the Middle Fork of the Willamette River, the Corps constructed the Willamette Fish Hatchery near Oakridge and the holding ponds downstream of Dexter Dam. These are operated by the Oregon Department of Fish and Wildlife with funds provided by the Corps. Additionally, the Corps supports ongoing efforts for the recovery of Oregon chub and bull trout within the Middle Fork Willamette River basin.