General partners for Preston Harbor include David H. Craig, Dave Johnson, Choctaw Nation of Oklahoma, and N9 Capital Partners. Miles Prestemon, Chief Operating Officer and President of the Development Division of Craig International, will be Project Manager of Preston Harbor.

David Craig is known for developing the 2,200-acre Craig Ranch community in McKinney. Once considered remote, it now has more than 20,000 homes surrounding a town center with mixed-use buildings home to shops, offices and civic amenities. One of the golf courses at Craig Ranch hosts the AT&T Byron Nelson pro tournament, drawing in elite athletes and thousands of spectators each year. More than 140,000 people attended the event in May 2023.

Major Cities & Highways

• Sherman- 15 min.
• McKinney- 35 min.
• Plano- 45 min.
• Dallas- 59 min.
• U.S. Route 69
• U.S. Route 75

$6B Preston Harbor project expected to jolt population, economy of Texoma

Dallas Biz Journal

A huge new community planned for Denison could supercharge its population growth and fundamentally transform its economic landscape.

Preston Harbor is slated to eventually have around 7,500 luxury homes. That could attract as many as 20,000 residents, Mayor Janet Gott said. The city's current population is just under 30,000.

Read more!

$6 Billion master-planned community with Margaritaville resort coming to Lake Texoma

WFAA

Developers bought more than 3,100 acres on Lake Texoma in Denison, about 75 miles north of Dallas. And plans for the land include a master-planned community and Margaritaville resort.

More than 7,500 homes, including luxury single-family and multi-family homes, a resort hotel, retail, restaurants, and an upscale marina are planned for the Preston Harbor community.

Read more!

People are flocking to Sherman-Denison

24/7 Wall Street

At least 27 million Americans have relocated each year since government record keeping began in 1948. The reasons any one person or family may decide to move are often personal. These include being closer to relatives, starting a new relationship, or needing a larger home.

However, many parts of the country offer advantages with more universal appeal, and some of these places have seen a population boom in the past year.

Read more!

info for this email from: World Population Review, redfin.com, U.S. Bureau of Labor Statistics, Point2Homes.com, rate.com, Federal Reserve Bank of St. Louis, Census Reporter, U.S. Census 2010, U.S. Census 2020

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