Last week I wrote about the history of Preston, TX, a ghost town that is presently submerged under Lake Texoma.
This week I'm writing about the future of Preston Harbour, the long-awaited development in the same geographic area of North Texas, west and now part of Denison, Texas.
By the time you read this post, the City Of Denison will have conveyed 600 acres of land that the Army Corps of Engineers deeded to it temporarily, just a step in the process of the Schuler Development on the shore of Lake Texoma.
In a recent Herald Democrat article, Denison Mayor Jared Johnson was quoted as saying, "We're in the end stages of something that's been going on for 12 years now."
In other words, the planning and positioning of Preston Harbour has been MANY years in the making. Schuler Development has owned over 2,000 acres of land, and now it has another 600 acres that were formerly owned by the Army Corps of Engineers. The land transfer became official on March 22, 2013.
Last August, in a KTEN article posted online, Denison City Manager Robert Hanna was quoted as saying, "There are big plans for the 3,000 acres of land on F.M. 84 near the Grandpappy Point Marina. A developer has plans for high-end subdivisions with several thousand homes, shops, a medical facility, hotel, and yacht club... I wouldn't expect to see it even halfway built out 15 or 20 years from now. I hope I'm wrong because we could certainly use the increased tax base and increased sales tax."
The Denison Development Alliance posted the following on its site, as of the date of property transfer:
"The next step for the development will be an intensive, participative planning process in which Schuler Development will work directly with a multidisciplinary design team - including planners, architects, designers and coding experts - to define a collective vision for the development. The high-end 3,000 acre development is situated along nine miles of Lake Texoma shoreline on the east side of the Little Mineral Arm. City officials have hailed the development as a key to Denison's economic future."
I can't help but think about the little, old town of Preston, Texas I shared about last week, and how has changed since Preston was a thriving community in the 1800s. It may be submerged, but it's coming back to life in a big way soon.
Stay tuned for further stories, and please add your thoughts and comments below.