Dallas developer Kent Donahue has a lot of decisions to make in the next few months as plans for his proposed $1 billion resort-anchored project takes shape on the banks of Lake Ray Hubbard.
The most earth-changing decision will be centered on Donahue possibly developing a man-made blue lagoon within Lake Ray Hubbard, giving the development a sorely-needed destination (besides the lakeside property).
Donahue plans to visit Cabo San Lucas, Mexico, next week to see one of these lagoons
Donahue is considering building a 5.5-acre lagoon, which could cost $1.1 million. The development, which he plans to brand “Bayside,” is expected to include:
- 350 single-family homes
- About 3,000 apartment homes
- 1.75 million square feet of commercial real estate, including about 500,000 square feet of office space
- A possible 500-room resort on the south end of the property at its peninsula
- A possible 10-story condo tower
- A possible limited service hotel
- 1,000 boat slips over the next seven years
- A weekend event lawn and water show fountain