BRANSON WEST, MO-Six years after they secretly began acquiring land here for a 1,000-acre master planned resort, Springfield-based developers Jim and Virginia Shirato watched last week as Gov. Matt Blunt christened the start of the estimated $1.5-billion Native American-themed development.

Located 50 miles south of Springfield, the five- to 10-year plan calls for 2,400 residential units in a variety of formats, a private marina on Table Rock Lake, an 18-hole golf course, indoor and outdoor water parks and a shopping center.

The tract is bordered on the east and west by the Silver Dollar City theme park and Highway 13 and on the north and south by Highway 76 and Table Rock Lake. Jim Shirato tells GlobeSt.com he began piecing the land together on Valentine’s Day 2000, when he acquired the first piece of ground, about 116 acres contiguous to Table Rock Lake. Over the next two years, the Shiratos worked with various lawyers anonymously to convince landowners from Florida, Arkansas, Missouri, Florida and elsewhere to agree to sell. Aside from that first acquisition, Shirato says he closed on all the properties on the same day.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.