Lake Ozark gets $300,000 Community Development Block Grant for demolition project

COLUMBIA, Mo. (KMIZ)

The City of Lake Ozark announced in a Thursday press release that it will received a $300,000 Community Development Block Grant from the state’s Department of Economic Development for a demolition project.

The release says the money will be put toward a $433,030 demolition project “focused on improving safety and redevelopment opportunities in the Bagnell Dam Strip area.” The rest of the money will be paid by Reese Development, who owns the property.

Twenty-three structures around the Bagnell Dam Strip will be demolished, including the former Shoreland Motel and “a series of residential and commercial structures located along Carls Drive, Ballenger Road, Thornsberry Road, Beach Drive, and School Road,” the release says.

Several of the buildings were certified as dangerous and many have asbestos and other contaminants, the release says. Demolition is expected to begin later this year.