Officials yesterday broke ground on a new Highway 76 intersection that would serve as the entryway to a planned multimillion-dollar development at the failed Indian Ridge Resort in Branson West.
Mark Troen, senior vice president for the Brookwood Group, said the developer and owner, MD&D Investments LLC, is working to secure investors for the mixed-use development dubbed The Ridge at Table Rock Lake. Brookwood Group is working on behalf of Colorado-based MD&D Investments, which in 2012 bought the property from former Indian Ridge developer Jim Shirato, he said.
The plans for The Ridge at Table Rock Lake — like Indian Ridge before it — are grand in scope.
Online marketing materials point to 810 acres of land to be used for hospitality, entertainment, health care, commercial and residential purposes. The development plan by urban planning firm Duany Plater-Zyberk & Co. also shows the potential for a resort on the south side of the development along Table Rock Lake.
Troen said the Brookwood Group is currently in talks with potential developers to build on available lots. He said MD&D Investments may also consider building out lots and leasing the properties to tenants.
“We want to make sure we have the right partners,” Troen said. “We’ve been out there talking to a number of entertainment, recreation and hotel partners who are interested in the property. That is a very encouraging sign.”
Since the development hinges on private investments, Troen declined to estimate the timeline for The Ridge at Table Rock Lake. He also declined to estimate a total project cost but said the development could easily cost in the seven or eight figures.
“It’s going to cost whatever the investment is people want to put in,” he said. “That’s a roundabout way of saying, ‘It depends.’”
Troen said crews are on the ground in Branson West to develop the new intersection, for which MD&D Investments is investing $1 million.
He expected the infrastructure project to be complete within 150 days.
“That will give us the ability to get into the site and do what is in fact the second part of the venture, which is really to move forward with the redevelopment,” Troen said, noting the intersection is located at the top of the ridge.
Previously at the site, Shirato in 2005 broke ground on the planned $1.6 billion, 850-acre Indian Ridge Development. Beyond a handful of structures left in various stages of development, Indian Ridge never came to fruition after running into legal and financing problems, according to Springfield Business Journal archives.
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