The lake is a former mill pond which powered machinery for the linen industry. Lenadoon was previously a mixed area. In the early stages of the Troubles, the Ulster Defence Association (UDA) was active in the area but, following the violence of the 1970s, Protestants moved out and the area became almost wholly Catholic.
There is a demand for better quality housing in the area. The majority of the housing stock is dated from the 1960s. The area was developed in a piecemeal fashion resulting in poor layout. Some areas have become associated with anti-social and criminal activity. Furthermore, the age of some of the stock means that some properties are in need of rationalisation and improvement. The area has a higher proportion of people aged under 15.