OSAGE BEACH, Mon., Oct. 27, 2022 (GLOBE NEWSWIRE) — St. Louis-based SkyView Partners and Tegethoff Development today announced the formal submission of plans for Oasis at Lakeport near Osage Beach, Mo., a new $300 million family resort project and entertainment district to be developed along the Lakeport property acquired by Big Thunder Marine in 2021 off Highway 54 and Jeffries Road adjacent to the Grand Glaize Bridge. The plan is to develop a family-friendly tourist destination, with construction slated to begin in 2023 and open in summer 2024.
“Oasis at Lakeport will be an offering unmatched in the region. We are excited for the opportunity to partner with the community of Osage Beach to build a new entertainment district for generations to enjoy,” said Todd Schneider, co-general director of SkyView Partners. “We look forward to expanding the family-friendly offerings at this proven destination.”
“I am pleased to announce another development in the city of Osage Beach,” said Jeff Tegethoff, founding director of Tegethoff Development. “The Oasis at Lakeport project furthers my commitment to this community and its future.”
Fred Ross, owner of Big Thunder Marine and the Lakeport property, saw tremendous potential in the site since he first embarked on the four-year acquisition endeavour. “Our pursuit of this property has been driven by an unwavering vision of its eventual development into an iconic epicenter of family-focused entertainment and a tremendous asset to the Lake of the Ozarks. I couldn’t be more excited to be working with SkyView and Tegethoff to realize this vision and witness its manifestation in what will soon bring endless family visiting memories and immense commerce to the Ozark community.”
The construction plans include the creation of a year-round entertainment destination with 50 acres of rides and attractions, hotels, restaurants, amphitheater, marina and boardwalk. Amusement offerings include roller coasters, thrill and family rides, and a 200-foot-tall Ferris wheel.
“The Osage Beach community has been asking for more family-friendly entertainment options, and I am proud to work with SkyView Partners and Tegethoff Development to bring such a large investment to our city,” said Osage Beach Mayor Michael Harmison. “This world-class team has a proven track record of delivering quality developments and attractions across the United States.”
“Oasis at Lakeport will create over 500 jobs and bring 500,000 visitors to Missouri, further boosting tourism, one of Missouri’s leading industries,” said Lieutenant Governor Mike Kehoe. “I applaud this project for its future impact on the Mid-Missouri economy and for its commitment to bringing a centrally located, state-of-the-art entertainment district to the community of Osage Beach.”
Visit www.oasisatlakeport.com for more information and future updates.
About Oasis in Lakeport
Oasis at Lakeport is a $300 million entertainment district to be developed in Osage Beach, Missouri on the Lake of the Ozarks and was created by St. Louis-based SkyView Partners and Tegethoff Development. Oasis at Lakeport will be a premier Midwest tourist destination featuring rides and attractions, hotels, restaurants, an amphitheater, marina and boardwalk, opening in Summer 2024.
About SkyView Partners
SkyView Partners is actively pursuing entertainment-focused development opportunities in the United States. Current attractions operated under the SkyView Partners umbrella include the SkyView Atlanta Observation Wheel in Atlanta, Georgia; the San Francisco Carousel and Bay Plunge Tower at Pier 39, part of historic Fisherman’s Wharf in San Francisco, California; and the SkyStar Observation Wheel, currently located in Golden Gate Park in San Francisco. With more than 40 years of experience developing commercial real estate and operating amusement attractions, SkyView Partners brings unique capabilities to every project.
About the Tegethoff development
Tegethoff Development is the pre-eminent luxury lifestyle developer in the Midwest. With experience in master-planned suburban mixed-use developments, historic renovations and boutique townhomes, Tegethoff develops trophy values in the communities they serve. Their roots in the Midwest region and their local perspective allow them to anticipate the trends that will define the future of real estate in any market. Tegethoff Development has curated a collection of highly desirable, site-specific properties that offer the modern conveniences and aesthetics that today’s residents desire.
Bradshaw Communications for SkyView partners
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d89d00dd-f92e-4c08-86c5-104af25c19df