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City of Lake Ozark Awarded $300,000 Community Development Block Grant for Demolition Project: Lake Ozark, MO — The City of Lake Ozark has been named the recipient of a $300,000 Community Development Block Grant (CDBG) from the Missouri Department of Economic Development to support a $433,030 building demolition project focused on improving safety and redevelopment opportunities in the Bagnell Dam Strip area. The remaining $133,030 required to complete the project will be provided to the City by the property owner, Reese Development. As a result of the grant award, 23 structures on and around the historic Bagnell Dam Strip will be demolished. All properties included in the project are owned by Reese Development. Among the structures slated for demolition is the former Shoreland Motel located on the Bagnell Dam Strip. Additional buildings included in the project consist of a series of residential and commercial structures located along Carls Drive, Ballenger Road, Thornsberry Road, Beach Drive, and School Road. These structures were determined eligible for CDBG funding due to their advanced state of blight and lack of structural safety, in accordance with adopted building codes. Several of the buildings contain asbestos and other environmental contaminants, and all have been formally certified by the City as dangerous buildings. Buildings were prioritized based on safety concerns, structural deterioration, and overall risk to the public. To qualify for the grant, each structure was required to have been vacant for an extended period of time. Demolition work associated with this project is expected to commence in 2026. “We are proud to partner with the City of Lake Ozark and the Missouri Department of Economic Development to continue the momentum of the last two years on the historic Bagnell Dam Strip,” stated Peter Colovos, Chief Operating Officer of Reese Development. “Brick by brick and block by block we are committed to redeveloping this jewel of the Midwest,” he added. Reese Development has invested more than $600,000 over the last two years in cleaning up the Strip and demolishing dilapidated structures. City Administrator Harrison Fry expressed appreciation for the state’s support:“We are grateful to the State of Missouri for recognizing the opportunity to breathe new life into the Bagnell Dam Strip corridor. This project begins by removing long-standing, dilapidated structures so that safe, meaningful redevelopment can move forward. I would also like to thank Reese Development for their cooperation and commitment to property revitalization, as well as grant writer Tonya Raines for preparing a successful application that made this project possible.” For more information, please contact the City of Lake Ozark.

TEST TW WEATHER

Bagnell Dam Bridge to close for repairs starting Tuesday, Sept. 7

Bagnell Dam road (Business 54 bridge) will be closed for reconstruction beginning Tuesday morning, Sept. 7.

The purpose of the project is to repair the bridge deck, expansion joints and barrier walls and to replace the bridge driving surface and repair the adjacent sidewalk. Rehabilitation is necessary to extend the life and usability of the bridge. The existing Bagnell Dam Bridge was built in 1929.

The project was approved by the Highways and Transportation Commission and the low bid was awarded the project to Concrete Strategies, LLC., which submitted the low bid of $1,611,862.
During construction, the road will be closed at the bridge for approximately three months. Motorists will need to use an alternate route while work takes place. Use Rt. 242 from Highway 54 to access Bagnell Dam Blvd., Horseshoe Bend Parkway and Osage Beach Parkway
Motorists can use the round-a-bouts at the new intersection near W Road Eagle Stop (formerly Rick’s C-Store) to access W Road. 

Prior to work starting, MoDOT will alert the public through signs and social media.
For more information about this project or other transportation-related matters, call 1-888-ASK-MoDOT (275-6636) or visit 
www.modot.org/modot-central-district.  Follow the MoDOT Central Missouri District on social media for project updates.