Lake Race draws top boats and crews in the nation - City of Lake Ozark

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.

Posted on May 20, 2021 by dan

Lake Race draws top boats and crews in the nation

One of the premier national boat races is coming back to Lake Ozark.

The OPA-sanctioned Lake Race, one of 13 scheduled across the country, will be held June 3-5, with the actual race taking place Saturday, June 5. The race was suspended last year because of the fear of COVID-19, and the previous year it was held at the 7-mile mark near Camden on the Lake and Shady Gators.

The race will be headquartered on The Strip with staging at Neon Taco (formerly Beaver’s).

Sanctioned by Offshore Powerboat Association and APBA, Lake Race attracts the fastest and most powerful boats in the world to compete. The 4-mile race course begins at Bagnell Dam with turns two and three at about the 2-mile marker between Lotell Hollow and Jobson Hallow. The no-wake zone extends to about the 3-mile mark and along both sides of the course.

(See attached map)

Street Closures

As part of the Lake Race, Bagnell Dam Blvd. will be closed twice during the weekend.

•Friday, June 4, from noon to 11 p.m., from Ballenger Road to Valley Road. Access to Ballenger Road would remain open.

•Saturday, June 5, from 6 a.m.-7 p.m., from near the White House to the Union Electric/Ameren Road – including Bagnell Dam.

One of the highlights of the three-day event is Friday’s Lake Race Street Party from noon to 11 p.m. from Luby’s Plaza to Bagnell Dam. The street will be closed so racers and vendors can display their race boats, transport rigs and other boat-related accessories.

The race organizers have coordinated their plans with the Lake Ozark Police Department and also have contracted with Central Missouri Security for additional security.

National exposure

Dennis Klautzer, whose media company will be broadcasting the event, said KRMS will be handling both radio and television broadcasts.

“For the first time, a live national broadcast will take place at the Lake of the Ozarks,” Klautzer said.

Fifty television stations representing 40 million viewers nationally will have access to the Lake Race. Klautzer and his staff will be preparing a series of vignettes highlighting Lake Ozark and the Lake of the Ozarks that will be showcased during the broadcast.

“We want to tell a good story about our paradise,” he said.