YOUR BUSINESS AUTHORITY
Springfield, MO
New construction last month topped $44.6 million, shattering the $10.3 million record for January construction set in 1994. More than $41.8 million of new permits came from the Branson Landing and convention center developments along the city’s waterfront.
The city’s 2005 construction also set an annual record of $173.5 million, eclipsing 1993’s $119.5 million.
Among the major building projects in January were:
• $32 million for the Branson Convention Center,
• $1.1 million for Sullivan’s Steakhouse,
• $6.5 million for Bass Pro Shops, and
• $1 million infill permit for Famous Dave’s BBQ.
Branson Landing is a $420 million project that will feature a Bass Pro store with a marina and a White River Fish Co. floating restaurant, 100 shops and restaurants, a town square, a boardwalk, two hotels and the convention center.
Other projects given the go-ahead in January unassociated with Branson Landing were Andy’s Frozen Custard on Highway 76 and five additional duplex cabins at Grand Mountain on Rock Candy Lane for time-share rentals.
Michael Rankin, the city’s economic development director, said he predicts Branson’s growth period will be more steady than the one-time spike during the construction boom in the early 1990s.
“When the Board of Aldermen voted to move forward with Branson Landing, a domino effect occurred,” Rankin said in a news release. “Investors, developers and businesses saw the economic importance of the landing, and now they want to be a part of the increased national attention and visitors that the waterfront project generates.”
This story originally appeared in SBJ’s Feb. 15 free e-news Daily Update. Click here to register.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Eric Schmitt introduces Modern Skies Act
Caterpillar to acquire John Fabick Tractor Co.
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach