A Dallas-based developer is ready for a legal fight against the state after they announced plans to seize thousands of acres at Fairfield State Park from the developer through eminent domain.
A Dallas-based developer is ready for a legal fight against the state after they announced plans to seize thousands of acres at Fairfield Lake State Park from the developer through eminent domain.
Todd Interests, the Dallas-based buyer of the nearly 5,000 acres of land that includes Fairfield Lake State Park, is at odds with the state, which is now trying to take it back by invoking "eminent domain." "Vistra made this decision after the state of Texas declined multiple opportunities to purchase the property," Latin explained.
Todd Interest’s plans, which proposed a $1 billion gated community, have been met by opposition by environment advocates, local residents, and business owners."At the end of the day, so long as the state's willing to write a big enough check, they can condemn this property for use as a park," he said.
"The press release suggests that the Todd family would divert the lake's water and lower the water level, reducing the shoreline and impacting wildlife. That is not true. The lake's world-class fishing and boating venue are at the center of the Todd's development plan," Latin said.
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