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2017 Regional Housing Study: Housing Demand in Camden County

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As Lake of the Ozarks Regional Economic Development Council assembled economic development plans and initiatives for the region, housing has come up frequently as a major economic development factor. To be successful, the area must provide a variety of housing types to drawn in residents who want to relocate a business to the Lake of the Ozarks. The diverse economy of the region, which includes both tourism-oriented businesses close to the Lake and industrial jobs away from the Lake, has successfully attracted a growing population of people who seek to enjoy the environment offered in the region. This week, the Lake of the Ozarks Regional Economic Development Council wants to share how the housing demand will affect the growth of the Lake of the Ozarks region moving forward. Take a look:


PROFILE OF CAMDEN COUNTY
Over the past 30 years Camden County has experienced strong growth with its most significant growth in the 1990s. As the most populous county in the Lake of the Ozarks region, …

The Lake of the Ozarks Transportation Infrastructure WILL Benefit Your Business!

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Lake of the Ozarks businesses are fortunate to have tremendous infrastructures when it comes to transportation.The Lake of the Ozarks transportation infrastructure offers incredible growth and reach opportunities for businesses in the area. With 3 major highways running through the Lake area connecting to other nearby major roadways, 5 local airports, 21 regional airports, and 6 major nearby airports, AND being centrally located between some of the largest metropolitan areas in Missouri, the Lake of the Ozarks is the perfect location to relocate or start a business.

The Lake Area gets a LOT of TrafficHaving 3 major highways going directly through the Lake area and several other connecting major roadways in the region definitely has its perks. The Lake's prime highway accessible location provides high traffic drive to the area. The average daily traffic count as recorded in 2014 was roughly 13,500 on Hwy 54 alone between Camden and Miller County. MO-52 and MO-5 saw an average daily…

Reasons why Lake of the Ozarks is the Best Recreational Lake in the USA!

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The Lake of the Ozarks region has one of the best qualities of life in the United States. Because we have such a wonderful place to live, it's also a great place to relocate your business in Missouri. One of the most significant attributes for the region is its natural scenic beauty along the 1150 miles of Lake Shoreline. Located in south central Missouri, the Lake of the Ozarks is one of the largest manmade lakes in the world and is surrounded by the beautiful Ozark Mountains.

Here are some more reasons why Lake of the Ozarks is the Best Recreational Lake in the United States.


Stay Where You Want - The Options are Unlimited
Lake of the Ozarks lodging offers accommodations with a wide array of lodging choices. This ensures every traveler will find the right place to stay at the right price for them. Whether you're preferences are full service lake resorts, reliable and well known hotel/motel chains, extended stay & vacation homes, or beautiful campgrounds & RV parks you…

2016 Economic Development Activities Overview

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In 2016, the Lake of the Ozarks Regional Economic Development Council was busy with several projects and programs in addition to the many ongoing activities. LOREDC programs and activities are based on the fundamental goal to proactively lead and initiate economic growth to the Lake of the Ozarks through cohesive and cooperative representation, while complementing efforts of the individual communities of the region. Keep reading for an overview of last year's LOREDC accomplishments.


Regional Housing Study 
In early 2015, LOREDC partnered with RDG Planning & Design to develop a comprehensive Lake of the Ozarks Housing Study to outline the current housing conditions and address the housing needs of Camden, Miller and Morgan counties. LOREDC understands how housing development affects the economic forces of the community on both a local and regional basis. The housing study was completed in 2016 and was made possible because of the many business and community financial partners a…

LOREDC Annual Membership Meeting & Business Award Winners

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The LOREDC 2017 Annual Membership Meeting was held on Thursday, January 19, 2017 at The Lodge of Four Seasons. During the meeting, members of LOREDC and the local community presented updates on financials, membership, marketing, the housing study and more.

Meeting Agenda
After a nice buffet breakfast, Time Jacobsen, LOREDC President called the meeting to order. There was an approval of the minutes, as well as a financial report. Tim Jacobsen then provided the membership update. Lori Hoelscher presented the marketing committee update. Following those updates was the LOREDC Grant Recipient Presentation by Mayor Olivarri with the City of Osage Beach. Jeff Hancock gave us a housing study update. Then Representative Diane Franklin offered a legislative update. Lina Conner of the Council of Local Governments gave us an update on the council and their efforts. Next was the presentation of awards, followed by LOREDC Board of Directors Nominations and the Election of LOREDC Board of Directo…

2017 Regional Housing Study: Housing & Regional Trends

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The Lake of the Ozarks Regional Housing Study represents an in-depth study of the housing conditions in Camden, Miller and Morgan counties, as well as Laclede County. Building on the population and economic characteristics we discussed in last month's blog, today we dive into household size and other household characteristics. 

Housing & Household Assessments
Households around the Lake of the Ozarks region tend to be smaller, reflecting the older median age and the type of housing these populations demand. Young families are locating in the population centers and rural areas off of the Lake. A region's occupancy and housing age can tell a lot about the makeup of the housing market, gaps and opportunities.

Occupancy 

Most of the rental housing for the Lake of the Ozarks region's workforce is located within the population centers of Versailles, Camdenton, Lebanon and some in Osage Beach and Eldon. Vacancy rates in the region are much higher than traditional markets would…

2017 Regional Housing Study: Population & Economy

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The Lake of the Ozarks Regional Housing Study represents an in-depth study of the housing conditions in Camden, Miller and Morgan counties, as well as Laclede County. The communities of the study area display unique personalities and housing challenges. The study examines the unique situations of each county and the major population centers within those communities, using this analysis to derive common themes that can be addressed by cooperative actions. Keep reading to learn more about the housing study and the results that were found.

Why a Housing Study?
As the Lake of the Ozarks Regional Economic Development Council (LOREDC) assembled economic development plans and initiatives for the region, housing came up frequently as a major economic development factor. To be successful, the area must provide a variety of housing types. While the area has successful attracted a growing population, housing has not exactly followed the same trend. More and more communities are realizing that q…