Craig International, a leading real estate developer, has announced plans for a massive $6 billion project on the beautiful Lake Texoma. The company recently acquired 3,000 acres of land in Denison with the goal of creating an impressive master-planned community. This development will include 7,500 homes ranging from luxury single-family to active adult and multifamily options. Additionally, there will be a resort hotel, retail shops and restaurants as well as an upscale marina.
Partnering with Waterfall Development LP on this venture is part of Craig International’s commitment to delivering exceptional quality and value to their customers. Located just 75 miles north of Dallas near the Oklahoma border, Preston Harbor boasts nearly ten miles of shoreline along Lake Texoma.
According to Janet Gott, Mayor of Denison: “This remarkable project will not only transform our region but also provide unparalleled economic growth for our city.” She added that this development would significantly enhance Denison’s competitiveness for years to come.
In addition to these exciting plans for Preston Harbor community itself; Craig International has also revealed its partnership with Horizon Capital Partners in developing a $100 million Margaritaville resort within the area.
The team at Preston Harbor is currently finalizing land planning and engineering details before breaking ground late next year (2024). Stay tuned for more updates on this highly anticipated project by Craig International – your premier choice in real estate development.
