Moratorium on Major Developments

[JoseyWales2]

I lived 18 miles from a quarter mile track for years and evenings you could hear it that far. It will be a horrible addition to the already noisy area. Oh well. money talks.

[NotJLB]

On a thread concerning the over-supply of lodging units:

Yesterday, 11:49 PM
MNtraveler
Super Ultra Member


Join Date: Jul 2002
Location: Nixa, Missouri

Posts: 5,293 This shows the downside of unregulated free-market capitalism. Sure, over time the free-market will take care of the oversupply. But in the meantime, how many long-time Branson business owners will suffer because of the excessive development? This a is place where local government should have stepped in and used regulatory powers to stop the madness. Instead, they encouraged it. Will Branson EVER get the leadership it needs??

[JoseyWales2]

Originally Posted by NotJLB

On a thread concerning the over-supply of lodging units:

Yesterday, 11:49 PM
MNtraveler
Super Ultra Member


Join Date: Jul 2002
Location: Nixa, Missouri

Posts: 5,293 This shows the downside of unregulated free-market capitalism. Sure, over time the free-market will take care of the oversupply. But in the meantime, how many long-time Branson business owners will suffer because of the excessive development? This a is place where local government should have stepped in and used regulatory powers to stop the madness. Instead, they encouraged it. Will Branson EVER get the leadership it needs??

I am not sure I understand how the local govt could limit development or what someone builds? I guess they can try and get sued or make laws prohibiting any new development thereby ensuring their own enterprises continue to thrive. I do know branson is way over built on hotels. I do apprec the newer ones however as some are so run down on the inside. I want a clean new looking place when I stay there.

Its the same everywhere tourism is the key income producer. In colorado, there is a severe shortage of snow again. so the towns are suffering horribly. Pagosa springs is on the ropes due to declining markets and foreclosures which means the town and county is broke with less taxes and so many roads in those huge developments they had to take over.

salida is suffering, no snow and the stores are having a horrible time and it will drive many out I am sure. starting a busines is the riskiest thing you can do. success rates are actually very low. The stores in places like branson have been able to prosper even when the service was substandard just due to the mass numbers of ppl coming each year.

I assume that now that will be weeded out and only the strong will survive. The develeopment up at the new walmart had to hurt branson too. everyone likes the new stores and clean enviro and good parking. and we flock to the namebrand stores and eateries as you know what you are getting i think.

I dont know the answer obviously. I like new and nice and I believe thats what other ppl want nowdays. I used to stay in the cabin places out on the lake some 30 yrs ago and loved that but as my fam came along and a wife, they wanted to stay in a nicer place in town with amenities.

So HOW DO WE REGULATE GROWTH? I am curious.

[NotJLB]

Maybe what will happen with all the undeveloped land in the current major developments, whether now owned by the banks or privately, is what has happened in the highly-desirable area of SW FL.

After a period of out-of-control, runaway development, 1996-2006, the bubble burst. Now, real estate is half what it was five years ago. Developers have taken advantage of that, bought up large tracts of undeveloped land, and the next surge is already underway, at least on the drawing boards. Hopefully they will be students of recent history.

Something has to eventually happen to the same type of land around Branson, especially that within present developments. Hopefully those who wind up with it will also be students of recent history. It will take a bit of sorting out, and maybe a bit more devaluation, but at some point those thousands of acres will be attractive to someone to do something with.

Questions about how that will be done (developments finished out) are yet to be answered.

[NotJLB]

Originally Posted by JoseyWales2

I lived 18 miles from a quarter mile track for years and evenings you could hear it that far. It will be a horrible addition to the already noisy area. Oh well. money talks.

Wow!

Noisy money!

[NotJLB]

Originally Posted by NotJLB

what will happen with all the undeveloped land in the current major developments, whether now owned by the banks or privately,

One of the major developments is currently in the process of amending their Declaration of Covenants and Restrictions to account for this, and some already developed land, and some other defects in the Declaration, in order to give the POA more control and say-so.

By now, it is obvious that the developer can come and go, and sometimes just go.

[JoseyWales2]

Okay so did the racetrack get approval and is it being built. Also, there was to be a winery and grape vines over there east of the racetrack?

[MNtraveler]

Originally Posted by JoseyWales2

I am not sure I understand how the local govt could limit development or what someone builds? I guess they can try and get sued or make laws prohibiting any new development thereby ensuring their own enterprises continue to thrive. I do know branson is way over built on hotels. I do apprec the newer ones however as some are so run down on the inside. I want a clean new looking place when I stay there.

So HOW DO WE REGULATE GROWTH? I am curious.

EASY!! Zoning laws... something I've noticed this part of Missouri seems to have very little of. In the Twin Cities (MN) they also utilized what was known as the "MUSA line" (Metropolitan Urban Service Area.) The Metropolitan Council did not allow any connections to the regional wastewater treatment system outside those boundaries. Any new development outside those boundaries using a private septic system had to be single-family homes with a minimum lot size of 5 acres. Yes, urban sprawl still occurred in the Twin Cities, but it was much better managed than in many other metropolitan areas of the country.

Yea, I know. Bunch of freaking socialists up there in Minnesota. Surprisingly enough, the original proponents were moderate Republicans in the Legislature and land developers who sought to ensure efficiency in implementing the infrastructure required for growth.

Source: www.brookings.edu/es/urban/publications/200309_Fulton.pdf

IT IS POSSIBLE.

[NotJLB]

Originally Posted by JoseyWales2

Okay so did the racetrack get approval and is it being built. Also, there was to be a winery and grape vines over there east of the racetrack?

It did get approved, won in the Appeals fight, and is now awaiting it's all-ducks-in-a-row clearance, there being a few permits (violations) it needs to clear with the Corps and the County.

Somewhere I had mentioned that the Lucas Oil Speedway, in Wheatland, has demonstrated that a profitable racetrack could operate in the middle of nowhere, and I since have learned that that is not the case, the profitable part.

So, extrapolating, that would suggest that an even larger endeavor in the middle of nowhere in these times has a strong hint of doom.

Each failure hurts the overall area. Oh did I say that already sometime?

When government bodies give their approval, and commit public funds (yours and mine) to benefit private projects, based on information and projections made by the beneficiary, if that information and those projections prove to be inaccurate, should the beneficiary be held accountable, and should the public continue to be committed financially to failed private enterprises?



I believe there is somewhere near 10,000 acres in unfinished major developments for which the future is uncertain. Do we need more?

[msu07vandy]

Originally Posted by JoseyWales2

Okay so did the racetrack get approval and is it being built.

NotJLB answered the approval portion of your question but whether it will be built is a separate issue.

A sheriff's sale was scheduled today for the 500 acres on which Russell Cook recieved approval to build the racetrack. The sale was part of collection efforts on the part of Empire Bank to which Cook owes a substantial amount. It has just been cancelled without a reason provided but this isn't the end of the proceedings.

Cook also has an outstanding judgement in the amount of $5.2 million owed to Arvest Bank.

Even if he manages to avoid having the land sold at auction it is exceedingly unlikely that he'll have the money to build the racetrack unless it is provided by we the people. So, while it has been approved it is unlikely to be built (at least by the current owner).

http://bransontrilakesnews.com/news_...a4bcf887a.html

[NotJLB]

Originally Posted by msu07vandy

NotJLB answered the approval portion of your question but whether it will be built is a separate issue.

A sheriff's sale was scheduled today for the 500 acres on which Russell Cook recieved approval to build the racetrack. The sale was part of collection efforts on the part of Empire Bank to which Cook owes a substantial amount. It has just been cancelled without a reason provided but this isn't the end of the proceedings.

Cook also has an outstanding judgement in the amount of $5.2 million owed to Arvest Bank.

Even if he manages to avoid having the land sold at auction it is exceedingly unlikely that he'll have the money to build the racetrack unless it is provided by we the people. So, while it has been approved it is unlikely to be built (at least by the current owner).

http://bransontrilakesnews.com/news_...a4bcf887a.html

The scheduled auction was part of another deal that Mr. Cook had agreed to. His people were unconcerned that the race track land pledged to another deal was going to auction, so I read somewhere.

[JackPurvis]

The changes in Branson are good or bad ....depending on which side of the economic track you live on. Those employees working at the Landing and Branson Hills would say it is great, for many of them had a paycheck for 12 months. Having a downer in the economy is hardship enough, but having a downer on top of a 10 month economy is downright cruel to the working class.
Branson really need leadership with a vision for economic develpoment for the sake of the entire community, not just for the "What is in it for me crowd".
I think we can / should do better.
MAKE it a great day.

[JoseyWales2]

I think its so funny when we sit back and wish ppl would be different and not be so self centered in their decisions and rulings. But honestly, do you think it will ever change. People are in this for one thing and that is money for themselves.

To hope it will change is just plain dumb. Look across the world and its always the same. It costs ppl jobs and even their lives when they get in the way of the big money people who control the world both local and afar.

Did the winery get started over there on 65. i didnt see how that could ever turn a dime.

k

[NotJLB]

Originally Posted by JoseyWales2

Did the winery get started over there on 65. i didnt see how that could ever turn a dime.

k

If you mean the one in Branson Hills, no. There's a foundation and some untended vines.

[JoseyWales2]

The 1/8th mile track here in royse city texas is roaring tonight and will be all weekend. What a nice addition to the Branson area. Its 5 miles from me and sounds like its in my back yard.