Home Selling in 65616>Question Details

Kc Johnsonj, Home Buyer in Colorado

What has been the growth rate in Branson MO for the last 2-3 years?

Asked by Kc Johnsonj, Colorado Tue Sep 16, 2008

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Steve Mattison’s answer
Kc we do not grow enough during the off season to mention but during the tourist season we get huge, average almost 2 million visitors a year so hope that adds to the very professional answer you got from Chesterfield's great agent!
Web Reference: http://www.ozarksagent.com
0 votes Thank Flag Link Thu Apr 9, 2009
I have attached information that is available from the Brason Economic Develoment web site (City of Baranson) which should give you some indication of the growth and economics of the Branson area. Depending on what your need to know is, it is critical to understand the totality of the economics for the "Tri-Lakes" area and Springfield, MO area. You will find significant detail there along with charts and graphs for your use.
As a property owner in Branson since 1987 there have been tremendous changes in the area relative to the economic viability of the Ozark Mountains. It would be impossible to provide you with all the details here which is why I would suggest going to the attached web site and doing further investigation. I will continue to own property there and look forward to retireing to the Branson area in a few years.


I hope this information and link are usefull.

Growth and Vitality
Ever mindful of economic growth, city leaders and the economic development department continued their efforts in expanding the tax base through the creation of new jobs and capital investment. In 2006, the city’s economic development department assisted in the location of 24 new companies and the expansion and retention of 13 existing businesses that created new capital investment in excess of $215 million. These companies created and retained more than 3,000 employment opportunities in Branson during 2006. Some of the projects generated by or substantially assisted through the city’s economic development efforts included:

Titanic: the Legend Continues, a museum attraction with over 400 priceless artifacts and historic treasures from the ill-fated cruise liner.

The 2,000 seat Sight and Sound Theater that features elaborate productions based on Biblical stories.

Branson Hills Plaza that brought the first Home Depot, Target, Kohl’s, Wal-Mart Supercenter and TJ Maxx stores to Branson

Branson Commerce Park, the city’s first industrial park that includes light industrial, retail and residential on 400 acres.

Branson Convention Center and Hilton Branson Convention Center Hotel that features a 220,000 square foot convention center with a 47,000 square foot exhibition hall and adjacent 293 room hotel.

The value of new construction in the city for 2006 set an all-time record. Since the opening of the $420 million Branson Landing along the lakefront in 2005, a domino effect has occurred as developers, investors and businesses now want to be a part of the increased national attention and capture the additional visitors that the waterfront project has generated. This kind of growth and enhanced economic activity benefits the community by providing greater business opportunities, more employment prospects for residents, a higher standard of living for citizens, and even more reasons for people to visit Branson.

2007 Branson Tri-Lakes Real Estate Statistics
(Tri-Lakes includes Taney and Stone counties including Branson)
Residential closings: 1,774 – up 16%
Residential listings: 2,536 – up 34%
Condo closings in Taney County: 102 – down 1%

Downtown occupancy rate: 85% - up 29%
Highway 76 occupancy rate: 89% - up 4%
Off-Highway 76 occupancy rate: 76% up 1%
Total occupancy rate: 81% - up 4%
Average tenant rate: $12.69/sq ft – up 1%

Room rates and occupancy ratio (RevPAR): $37.86 – up 9%
Hotel room revenue: $210.8 million – up 13%
Room rate: $75.90 – up 9%
Occupancy rate: 49.9 – flat

Retail square feet on Highway 76: 282,405 – up 4%
Retail square feet off Highway 76: 815,141 – up 9%
Total square feet: 1,097,546 – up 8%
Total occupied square feet: 963,751 – flat
0 votes Thank Flag Link Tue Sep 16, 2008
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