Lake of the Ozarks Real Estate Blog

The Lake Sun Leader has an article in the front page of the weekend paper citing that representatives of John Q. Hammons have met with Osage Beach Mayor Penny Lyons and reaffirmed their intent to build the Chateau at the Lake, when economic conditions improve. 

This is Great news for the lake area.  Hammons company is one of the strongest and largest hotel companies in the midwest region.  I have never been to their hotel in Branson but I have heard from friends that have stayed there and all say that it is a beautiful complex.  A hotel similar located in the heart of Osage Beach and right there next to the Grand Glaize bridge would be a huge boost to the community of Osage Beach.

That said I think the most important point to remember is that they are waiting on the economy to recover.  With that said, I would not expect to see any construction begin for the next 2 - 3 years.  I hope I am wrong and construction begins sooner but in my realistic expectations, I would not expect to see this hotel up and running for at least 5 years.

For more information read the article available at LakeNewsOnline.com.