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Opportunities to get involved in LOREDC in 2023

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Economic development can entail a lot of different things. From creating opportunities for more housing at the lake, to increasing quality of life attributes like the Magic Dragon Trails project, to finding the resources small businesses need to reach their target markets and thrive, all are part of economic development. At LOREDC , we exist to offer a cohesive way to promote the Lake of the Ozarks area and all that has the offer. Whether you are a retired business executive who wants to help create opportunity, or a biking enthusiast helping to build a trail, you are part of the team when it comes to promoting economic development at Lake of the Ozarks . We believe that the more perspectives we have as we do our work, the more effective it will be in helping everyone in the community, and not just a few. So, this blog is dedicated to all the ways people can get involved with LOREDC and contribute to this wonderful community that we know and love. Sign Up for Updates Stay up-to-date ab

The Lowdown on LOREDC - What All We Really Do!

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While a lot of people have heard of the Lake of the Ozarks Regional Economic Development Council , some people don’t know what all we really do. The Lake of the Ozarks is a unique area with incredible quality of life attributes and scenic beauty, located over several counties and made up of numerous medium to small size towns. It is impossible to showcase all the advantages this area has the offer without being able to market it in a cohesive manner that includes all of the counties and towns involved. LOREDC helps with that in some very specific ways. We offer resources, provide studies, participate in partnerships, and much more, to help meet the economic needs of the Lake of the Ozarks area. If you’d like to know more about the kind of resources, information and assistance available to entrepreneurs thinking about making the move to the lake, today’s blog has the lowdown for you.  We Are Your Liaison to the Lake of the Ozarks Community. LOREDC was formed to employ a regional appro

Taking Nominations for Annual Awards at LOREDC!

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At Lake of the Ozarks Regional Economic Development Council , we are looking forward to our annual meeting coming up in January. This is the time of year where we get ready to honor businesses and individuals in the community who have gone above and beyond to make a difference in the community and economic development at the Lake of the Ozarks . We are accepting nominations starting November 1 and continuing through December 31 and there are five categories that will be included.  We will tell you a little more about each of the categories in today’s blog so you can nominate a deserving individual or business you know. Small Business Partner of the Year This category is for  small businesses at Lake of the Ozarks with 50 employees or less. If you know of a business that size that you think is a great example for the community, or is a wonderful business to work for, or that you feel is doing great things for the Lake of the Ozarks, send in your nomination. Be sure to tell us why you t

The Magic Dragon Trails System - What it is and How to Get Involved!

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The Magic Dragon Trail System is a plan for a multi-surface system of trails at Lake of the Ozarks that will be the dream of outdoor loving locals and adventure seeking visitors year-round. It will be funded through grants, donations, and land use and designed by professional trail design companies. That way they meet or surpass the standards needed to draw users from all over the nation no matter their skill level. Not only will this trail system be an added quality of life attribute for Lake of the Ozarks residents, it will also bring added revenue and job opportunities to the local economy. If you are interested in learning more keep reading this blog to get a better idea of the vision for the Magic Dragon Trail System and the why behind it. Following are quotes directly from magicdragontrails.com.  What is a Multi-surface Trail System? A multi-surface trail system generally consists of both hard surface greenways and soft surface trails. These two-way off-road systems can be used

The 2022 Comprehensive Economic Development Strategy - Get the Details from LOREDC!

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Every five years, the Lake of the Ozarks Council of Local Governments prepares the Comprehensive Economic Development Strategy (CEDS) for the Economic Development Administration. Lake of the Ozarks Regional Economic Development Council works with the Lake of the Ozarks Council of Local Government to supply the information in this strategy report. There is a lot of value in this report and we thought you would appreciate learning more from the it. So, we would like to focus today’s blog on the 2022 CEDS. What is the CEDS? The CEDS is the region’s economic development vision for maintaining and growing our economic base while creating jobs and supporting future development and growth within the region. The CEDS was developed to meet the requirements outlined in the 13CFR 303.7. It also incorporates components necessary for our communities to be eligible for the Section 6025 Strategic Economic and Community Development (SECD) program. This program through the USDA provides communities th

2022 Lake of the Ozarks Housing Study – Where We Stand and Where We Need to Be

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Even before the completion of the 2022 Lake of the Ozarks Housing Study, it was obvious that a focus on increasing availability of housing was of utmost priority. Lack of available housing impacts economic growth and presents a serious challenge to small businesses at Lake of the Ozarks when it comes to keeping a consistent workforce in place. So as we a strategize on solutions, in order to be most effective, we need specific data that tells us where to target efforts to alleviate the most urgent needs first. The 2022 Housing Study provides that data. You can see the full report under the Demographics and Statistics Tab on our website . If you are interested in the main takeaways we learned from the 2022 Lake of the Ozarks Housing Study , today's blog is a summary from the report we wanted to share with you.  Multiple Factors at Work Many factors continue to drive the cost of housing in our area including construction costs, construction and building capacity, and lot location and

Significant Findings from the 2022 Lake of the Ozarks Housing Study

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The housing market has an impact on so many other things regarding economic development at the Lake of the Ozarks . As rising costs in rent and housing lead to less availability, our ability to house the number of employees needed to service the area is challenged which can be a detriment to small businesses at the Lake of the Ozarks . Addressing the housing challenges specific to the lake area is of utmost priority. In order to do so, we need data to know how to be most effective in targeting the most urgent housing needs. The 2022 Housing Study was done to provide that kind of data. You can find the full report on the Demographics and Statistics page of our website . We will share a few takeaways from the report here in this blog. This report can be used by several groups and individuals, including, but not limited to: • Housing professionals, including developers, builders, real estate agents, and financial institutions who make decisions that influence the supply and construction o