Golf Course Owner Plans to Add Residential Lots

6 years 10 months 4 weeks ago Wednesday, June 22 2011 Jun 22, 2011 Wednesday, June 22, 2011 6:09:00 PM CDT June 22, 2011 in News
By: Ben Wagner
loading

BOONVILLE - Plans to develop residential housing are underway along Hail Ridge Golf Course. Owner Bill Rapp plans to make 18 lots available at a discounted rate to attract potential buyers. He says it's a way to jump start development.

"You can wait until the road is developed to buy a lot, but you're getting the 19th best lot at a higher price." Rapp said.

Rapp says residential development has been his original plan since he bought Hail Ridge in April 2008. But when the financial market declined later that summer, his plans were on hold as demand for new houses waned. Now that his lots are for sale, he hopes people looking to live in smaller communities will consider the development.

"I think with a golf course 20 miles away that we have an opportunity to work in Columbia, but raise their family in a smaller city," Rapp said.

To help cover construction costs, Rapp met with Cooper County officials hoping to set up a Tax Increment Financing district (TIF). This plan would return 50 percent of property tax growth to fund construction companies for infrastructure costs. He is still in the process of securing this program.

Martha Schrader has lived next to Hail Ridge since it opened in 2004. Her house is one of few houses that border Hail Ridge property. She thinks community expansion can only benefit the community.

"I think it's good for a community to grow and they [Hail Ridge] seem to take pride in the city," Schrader said.

Rapp says he will release the lots in three different phases. The lots for sale right now are "pre-sale" lots and are only a part of the first phase of available properties.

Despite the long road, Rapp says he finally can see the finish line. "I feel like I've been running a marathon," he said. "We've still got some running to do but it's downhill and the crowd is cheering."

 

 

 

More News

Grid
List
BRUSSELS (AP) — Facebook CEO Mark Zuckerberg faces senior European Union lawmakers later Tuesday to answer questions about a... More >>
2 hours ago Tuesday, May 22 2018 May 22, 2018 Tuesday, May 22, 2018 5:22:00 AM CDT May 22, 2018 in News
COLUMBIA - The Columbia Police Department said it found a missing teen around 1 a.m. Tuesday. Authorities said Brice... More >>
2 hours ago Tuesday, May 22 2018 May 22, 2018 Tuesday, May 22, 2018 4:41:00 AM CDT May 22, 2018 in News
COLUMBIA - Columbia residents will have a chance to learn about - and talk about - climate change Tuesday night.... More >>
4 hours ago Tuesday, May 22 2018 May 22, 2018 Tuesday, May 22, 2018 3:00:00 AM CDT May 22, 2018 in News
COLUMBIA - An on-going rift between two east campus communities has come to a breaking point. Non-resident property owners want... More >>
11 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 7:29:00 PM CDT May 21, 2018 in Top Stories
KANSAS CITY (AP) — A Kansas City man who told authorities he was hearing "voices" when he wounded two... More >>
12 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 7:07:41 PM CDT May 21, 2018 in News
COLUMBIA - More than 670 motorcycles poured into the Phillips 66 gas station off I-70 as the "Run for the... More >>
13 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 6:05:00 PM CDT May 21, 2018 in News
JEFFERSON CITY - A new fire station is in store for east Jefferson City, and the city council will review... More >>
14 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 5:10:00 PM CDT May 21, 2018 in News
ST. LOUIS – The St. Louis Circuit Attorney's Office announced late Monday that a special prosecutor has been selected in... More >>
14 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 5:00:00 PM CDT May 21, 2018 in News
COLUMBIA - Checking the phone constantly, surfing Facebook first thing in the morning or right before bed, playing games like... More >>
15 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 3:58:00 PM CDT May 21, 2018 in News
COLUMBIA – The UM Board of Curators voted Monday to increase tuition by up to 2.1 percent for the 2018-2019... More >>
15 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 3:44:00 PM CDT May 21, 2018 in News
COLUMBIA – Students will leave class early on Tuesday as the 2017-2018 Academic Year comes to a close. The... More >>
15 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 3:28:00 PM CDT May 21, 2018 in News
CAMDEN COUNTY - The Missouri State Highway Patrol is investigating a boating crash that left three dead and two injured... More >>
16 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 3:20:00 PM CDT May 21, 2018 in News
JEFFERSON CITY - Missouri has never impeached a governor, but that could change in 2018. Tuesday, the House of Representatives... More >>
17 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 2:04:00 PM CDT May 21, 2018 in News
COLUMBIA -Utility workers began surveying land on Clark Lane for a sidewalk project designed to improve community safety. "The... More >>
17 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 1:40:00 PM CDT May 21, 2018 in News
JEFFERSON CITY (AP) — A House investigatory committee has expanded its membership for a special session to determine whether... More >>
19 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 12:00:47 PM CDT May 21, 2018 in News
ROLLA (AP) — A Missouri University of Science and Technology student has been sentenced to seven years in prison... More >>
19 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 11:40:00 AM CDT May 21, 2018 in News
ST. LOUIS (AP) — Ameren Missouri is planning a 400-megawatt wind farm in rural northeast Missouri, creating... More >>
20 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 10:44:00 AM CDT May 21, 2018 in News
POPLAR BLUFF (AP) — Authorities say a man's body was found in southeast Missouri and the case appears to... More >>
22 hours ago Monday, May 21 2018 May 21, 2018 Monday, May 21, 2018 8:48:00 AM CDT May 21, 2018 in News
Columbia, MO
Broken Clouds 59°
8am 66°
9am 70°
10am 74°
11am 76°