Workforce housing in tourism towns: who has made this work?

Workforce housing in tourism towns: who has made this work?

Real Estate Agent · Kansas City, MO · Member since 2022 · 25 posts · 14 votes

I am a Kansas City based operator spending time on land near Branson, Missouri, and the more I look, the more one gap stands out.

Branson hosts around ten million visitors a year. The development money follows them: attractions, luxury product, second homes, short term rentals. What does not get built is housing for the people who work there. Servers, housekeepers, techs, retail staff. Employers openly say housing is a staffing problem now, and local leaders say the same in public.

I am not pitching anything. I am trying to learn the shape of this before I get serious about any specific ground:

1. Has anyone here built or funded workforce housing in a tourism driven market? What product type worked, rentals, for sale, mixed?

2. Did the city or county actually show up as a partner, or was the support just talk?

3. What killed deals that looked obvious on paper?

Appreciate any real experience, good or bad.

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  • Gary NelsonBusiness Member
    Real Estate Agent · Branson, MO · Member since 2016 · 142 posts · 93 votes
    24m

    @David Heyburn I'd want to connect you with a few key people here in Branson., i.e. a couple of developers since the 1990's that are still active in both nightly rental and residential product. In regards to our city administration, the new alderman board is now stacked with rockstars, they're actually making real progress to give this attention. I know several folks who are close to these matters, and advocates for improvement. If you think this can help, just send me a message and I will make some introductions!

    Gary Nelson Real Estate, EXP Realty, LLC554 Reviews
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