What happened to the Indian Ridge resort Branson Mo?
The 900-acre project is located on Table Rock Lake. Development of Indian Ridge Resort ended prematurely, however, after the Great Recession of 2008. Four people plead guilty to real estate fraud in 2015 for submitting fraudulent invoices to one of three banks they borrowed money from to build the mini mansions.
Where is the abandoned Indian Ridge resort located?
Branson, Mo
The Indian Ridge Resort in Branson, Mo., isn’t your average ghost town. TikTok users love a good abandoned place.
What happened Indian Ridge?
According to court documents, all the Indian Ridge loans were defaulted upon and Columbia Bank failed Aug. 22, 2008, and the loans were placed in receivership by the FDIC. Work came to a halt on the $1.6 billion development because of a lack of funding. The project began in 2006 under with developer Jim Shirato.
Who owns the Glass House on Table Rock Lake?
A ginormous lakeside mansion spread across almost 25,000 square feet has hit the market in Branson, Missouri, for a hefty $80 million. Its owner, the late philanthropist Robert Plaster, left the mansion “for college funds for students,” real estate agent Ken Coleman said, according to KFOR.
Where is the ghost town in Branson Missouri?
Located on Table Rock Lake, the 900-acre development was slated to have an indoor water park, a 390-room resort hotel, a golf course, a marina, condos, vacation homes and other luxury amenities, KY3 reported. The project fell apart during the 2008 recession.
Who owns Indian Ridge in Branson?
Two firms involved in the development of Indian Ridge Resort Community – Indian Ridge Resort, Inc., represented in court by owner and president James E. Shirato, Sr., and North Shore Investments, LLC, represented in court by owner Donald Snider, Jr.
Who owns Indian Ridge Missouri?
Who owns the Glass house on Table Rock Lake?