Re: Dream Lake plans scraped
I'm pretty glad to see this plan get drowned. I know a lot of landowners that would have been in the path. I do believe there was some real big money backing it, and one name in particular kept coming up. They were thinking it would cost about 140 million for the land, and another 300 million or more to do the project. One of my 40-acre spots was wanted for lots, and would have had 40 lots (priced at about $130,000 each). A friend from church would have had their property about 60 foot under water. They were being told that their houses would sell for $250 per square foot, plus outbuildings at $50 per square foot. Land was being bid at $10,000 per acre, plus some were being offered lake lots. Guess I better get my pennies saved up, and buy my ground one of these days (and not in Dallas county).