Golf Course Owner Plans to Add Residential Lots

8 years 8 months 3 days 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
(CNN) -- Before classes had even begun, a judge stood in front of Justin's law school class to tell them... More >>
51 minutes ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 3:35:00 PM CST February 24, 2020 in A Brighter Tomorrow
COLUMBIA – The city's big plans for Columbia Regional Airport (COU) got a shot in the arm Friday with the... More >>
2 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 2:19:00 PM CST February 24, 2020 in Continuous News
Anxiety is your body's reaction to stress. According to the American Psychiatric Association, anxiety disorders are the most common type... More >>
4 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 11:28:00 AM CST February 24, 2020 in A Brighter Tomorrow
(CNN) -- Harvey Weinstein was found guilty Monday of committing a criminal sex act in the first degree involving one... More >>
5 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 10:59:00 AM CST February 24, 2020 in News
JEFFERSON CITY - House Representatives talked Monday about health care for children who are eligible for the MO HealthNet. ... More >>
6 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 10:22:00 AM CST February 24, 2020 in News
BRUNSWICK - After a year of record-breaking flooding, neighbors in Brunswick hope they don't see a repeat this summer. ... More >>
20 hours ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 8:22:00 PM CST February 23, 2020 in News
LINN - A lot of the times it's hard to know the affect you'll have on someone until after it's... More >>
21 hours ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 7:08:00 PM CST February 23, 2020 in Sports
BOONVILLE — Community members in Boonville gathered Sunday in support of moving the Boonslick Regional Library (BRL) Cooper County Branch... More >>
22 hours ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 6:15:00 PM CST February 23, 2020 in News
COLUMBIA - The University of Missouri College of Agriculture, Food and Natural Resources (CAFNR) will celebrate the 150th anniversary of... More >>
23 hours ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 5:23:00 PM CST February 23, 2020 in News
AP — State attorneys general are finding a national settlement over the toll of opioids to be elusive, as some... More >>
1 day ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 11:17:32 AM CST February 23, 2020 in News
COLUMBIA - Dozens of boy scouts and girl scouts showed up for water safety event at Hickman High School Sunday... More >>
1 day ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 10:34:00 AM CST February 23, 2020 in News
SEDALIA — A 49-year-old man was taken to the University of Missouri hospital via air ambulance after sustaining a gunshot... More >>
1 day ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 9:25:40 AM CST February 23, 2020 in News
FULTON - Police arrested a 44 year old Fulton man after he attempted to unlawfully enter a home twice, assaulted... More >>
1 day ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 6:10:00 AM CST February 23, 2020 in News
SEDALIA- Police officers in Sedalia responded to a report of a man lying in the roadway near the 700 block... More >>
1 day ago Saturday, February 22 2020 Feb 22, 2020 Saturday, February 22, 2020 11:01:00 PM CST February 22, 2020 in News
COLUMBIA - Dozens of MU students gathered to raise money for cancer research Saturday. Mizzou's Relay for Life raised... More >>
1 day ago Saturday, February 22 2020 Feb 22, 2020 Saturday, February 22, 2020 6:41:00 PM CST February 22, 2020 in News
JEFFERSON CITY — Police arrested three people after a Saturday afternoon robbery led to a car chase, according to a... More >>
1 day ago Saturday, February 22 2020 Feb 22, 2020 Saturday, February 22, 2020 5:46:00 PM CST February 22, 2020 in News
JEFFERSON CITY — Missouri voters legalized medical marijuana in 2018, but some lawmakers are worried about what that could... More >>
1 day ago Saturday, February 22 2020 Feb 22, 2020 Saturday, February 22, 2020 4:53:00 PM CST February 22, 2020 in News
ST. LOUIS (AP) — Missouri may have shed its unwanted image as the meth lab capital of the U.S.,... More >>
2 days ago Saturday, February 22 2020 Feb 22, 2020 Saturday, February 22, 2020 4:21:00 PM CST February 22, 2020 in News
Columbia, MO
Broken Clouds 45°
5pm 44°
6pm 43°
7pm 42°
8pm 42°