COLUMBIA, Mo. (KMIZ)
An entertainment district at the Lake of the Ozarks that is expected to open next year will receive additional funding from the state’s Property Assessed Clean Energy program.
Oasis at Lakeport in Osage Beach –which will be located at Highway 54 and Jeffries Road, adjacent to the Grand Glaize Bridge – will receive $65 million in PACE financing, according to information from the state’s energy department.
Information from MoEnergy says the resort is the largest PACE project so far. Energy efficiency upgrades are expected to save $91 million over the course of 20 years.
The development in total is expected to cost $495 million, nearly $200 million more than the initial total reported in 2023. The project includes a 402-room Marriott hotel and conference center, parking garage, an indoor waterpark and outdoor amusement park.
Roughly 1,500 construction jobs are expected to be created along with 500 full-time jobs once it is complete, the state claims.
The amusement park and parking garage are expected to be open by Labor Day 2026, according to Todd Schneider from SkyView Partners. The resort and water park will open in late 2027, he said.