The Lake Texoma Lodge has closed for new development. The new facilities will include 18-36 holes of championship golf, a club house and practice facility, aquatic center, outdoor recreation center, nature parks, campgrounds, retail shops and an amphitheater, according to the proposal submitted by Texoma Development, LLC.

It is estimated that the new development with cost $360 million dollars, which includes housing, as well as a full-service hotel with a, gym, business center, multiple pools, spa, meeting rooms a restaurants.

All development is expected to be completed by 2013.