FAIRFIELD – Todd Interests has purchased the Fairfield Lake State Park and surrounding land, a site encompassing 5,000 acres and the 2,400-acre Fairfield Lake.
The Dallas-based developer plans to build a $1 billion golf course community and resort with multimillion-dollar homes.
The development, Freestone Club, will have a 150-acre golf course designed by Beau Welling, an amenity center called The Point, boat docks, lakeside bar, tennis courts, hiking trails, pickleball, and a whiffle ball stadium.
Homes will cost between $5 million and $7 million and start at one acre. The first phase will have fewer than 200 home sites.
The state park opened to the public in 1976. The lake was built in the 1960s by utility companies that previously used the water to cool a power-generating plant that closed in 2018.