Lake Texoma development breaks ground in Marshall County
MARSHALL COUNTY, Okla. (KTEN) — After 14 long years of planning and delays, a huge new development finally broke ground in Marshall County on Wednesday.
Pointe Vista hugs the shoreline of Lake Texoma on the west side of the Roosevelt Memorial Bridge near Kingston.
The $1 billion project on 2,700 acres is promising 2,100 new homes, condos, and a hotel. It will be built out over 11 phases taking up to two decades to complete.
"The goal is to make it a destination resort community that people in the Dallas-Fort Worth area, Oklahoma City area, can just come down and enjoy," said Mark Fischer, CEO of Pointe Vista Development.
Several entertainment venues and a new 900-slip marina are also part of the master plan.
The original groundbreaking for the Pointe Vista development was under different management in December 2009. At the time Pointe Vista was heralded as a $750 million resort with the promise of a new hotel to open in 2014.
Those plans soured, with the developer blaming a bad economy.