YOUR BUSINESS AUTHORITY
Springfield, MO
Shirato yesterday announced plans for his Indian Ridge Resort Inc. project that will take at least $1.3 billion – and the help of about a dozen developers.
Shirato plans to begin meeting with local and national developers next week for the 900-acre residential and recreation project.
“I invite anyone who has experience to get in touch with us,” he said. “When you spend this much money, you have to get the best developers that are available.”
Shirato anticipates enlisting the help of at least six developers for his single- and multi-family condominiums. He’ll also need specialized developers for a $140 million, 390-unit hotel and for each recreation element of the project, including a 109,000-square-foot indoor water park and a 36,000-square-foot outdoor water park, retail stores, a marina, an 18-hole golf course and a 2,000-square-foot museum.
Shirato already has teamed with Jerry and Bo Hagerman at Hagerman New Urbanism for the project’s design, and they will help Shirato select developers.
The resort will lie south of Highway 76, with the main entrance along the highway across from Metropolitan Bank.
Construction is set to begin at the end of the first quarter of next year, and Shirato anticipates completion in five years.
Click here for the full story from Oct. 17.
[[In-content Ad]]
Council divided over city manager selection
New Springfield mayor says city must overcome 'self-esteem' issues
STL-area contractor awarded $109M judgment
Billy Long grilled by senators at IRS confirmation hearing
Walton family to launch STEM school at former Walmart HQ
2 locals chosen for Missouri chamber leadership program
Great Escape targets opening by month's end for Republic venture