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Todd Interests

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politics2 years ago

Texas Parks and Wildlife Department uses eminent domain to protect Fairfield Lake State Park.

The Texas Parks and Wildlife Department has voted unanimously to use eminent domain to seize a 5,000-acre property south of Dallas that includes Fairfield Lake State Park, citing the need to preserve a state park enjoyed by thousands of Texans. The state opted to seize the land from Todd Interests, a Dallas-based developer, who purchased the property in February for $110.5 million. The state will notify Todd of the condemnation decision and make an offer for the property. The state and the developer will negotiate over how much Texas will pay for the almost 5,000 acres.