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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAbandoned $1.6 billion Missouri resort community goes viral - abandoned during construction in 2008
https://nypost.com/2021/04/01/abandoned-1-6-billion-missouri-resort-community-goes-viral/?quality=90&strip=all&w=962
?quality=90&strip=all&w=999
https://img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1f5rWO.img?h=552&w=750&m=6&q=60&u=t&o=f&l=f
Its scarier than a haunted house and way more expensive!
A spine-tingling ghost town of mansions in Missouri, which was supposed to become a $1.6 billion resort community, went viral on social media this week.
Spooky footage shows the large, crumbling abodes abandoned among overgrown plants at the Indian Ridge Resort in Branson more than a decade after the housing market crisis, TikTok user @carriejernigan1 posted over the weekend.
Have you ever seen a subdivision full of abandoned mansions? she asks in the video, which had raked in more than 2.1 million likes on Thursday.
This was supposed to be a 1.6 billion dollar resort community. It was going to have one of the countrys largest water parks, golf courses, hotels conference centers and shopping, she said.
But instead it turned into a ghost town when the 2008 housing crisis hit. Five people had ended up in federal prison. And 13 years later the houses just sit here.
dixiegrrrrl
(60,010 posts)their planned economy has its share of similar failures,
Demovictory9
(32,449 posts)and why mansions with so little private land? big house but right up on top of each other.
OhZone
(3,212 posts)I'm near the shore, an hour and a half south of NYC, and there are big houses and mansions, some with a lot of land, some with almost none, some just a house on the water, some next to tiny former summer only homes. And all the mix of suburban homes, shopping, and, oh, beaches, and lakes and rivers. And a few miles south of me on the **Western** side of the major north-south artery, the Garden State Parkway, you'll find the Pinelands reserves, tons of woodlands, some small farms, and also "Piney's," the ruralish anti-urban types, some with nice homes, but a lot with run down homes. Yeah, guns, hunting, and sometimes an ignorant conservative attitude. All these peeps not so far from where Jersey Shore was filmed on the Eastern side of the parkway! Ha.
We're very eclectic around here.
Blue_true
(31,261 posts)postage stamp sized yards.
Demovictory9
(32,449 posts)Blue_true
(31,261 posts)Get people like that into fancy sales offices, do a glossy presentation, then take them out to diner at some pricey restaurant and ply the with all the alcohol they can hold, and soon you have either investors or home buyers.
Neither of us would pull a stunt like that, but the development was started by some people that went to jail for bilking people.
Spider Jerusalem
(21,786 posts)Blue_true
(31,261 posts)The people on the low end of the resulting pay scale get crushed. But all we see are the owners, big stock position holders, or super-star athletes or media personalities dabbling in investing or restaurant companies.
Where I live a person can rent a large warehouse of 6,000-7,000 square feet for less than $1500 per month, in NYC or San Francisco, $1,500 per month would get you nothing, even $9,000-$15,000 would maybe get a 2,000 square foot place on some back alley street.
dixiegrrrrl
(60,010 posts)When I was in the SF Bay area during the housing boom late 90's/early 2000, I watched people buying up little 1950's houses in neighborhoods, tearing them down and building those McMansions, right up to the sidewalk, as you say. They sold, too, as horrendously high prices.
Bristlecone
(10,127 posts)Talk about bad business. Too much Field of Dreams and not enough business sense.
Demovictory9
(32,449 posts)Bristlecone
(10,127 posts)Below the pics. I hadn't realized there was a little more story below. TY
DURHAM D
(32,609 posts)dollars worth of stuff out of those houses. Too bad.
Delarage
(2,186 posts)Kitchen cabinets are EXPENSIVE and they were already installed---a LOT could be salvaged. This makes me sad
SMC22307
(8,090 posts)Blue_true
(31,261 posts)The resulting novel would likely be hair-raising. College kids stop in old decaying mansionville, unbeknownst to them, the mansions are haunted by the ghosts of dead people that had lost their huge deposits. Kids dont care, they just want to drink beer, roast hotdogs and make out. But then the pissed off ghosts rise and cause all types of living hell for the kids.
wcmagumba
(2,886 posts)as some sort of speculative rip off scam investment...branched off from the many time share "resorts" in that area...a few of the crooks did go to jail but numerous investors lost big money...
OhZone
(3,212 posts)I know it's supposed to be some kind of stylish brickwork, but it looks like some horrible disease. Oh well.
Demovictory9
(32,449 posts)FakeNoose
(32,634 posts)I think it was supposed to have a brick and plaster sort of effect but it never got finished.
Demovictory9
(32,449 posts)have blended in with the brick
Buns_of_Fire
(17,175 posts)It only looks like brickwork. They've attached themselves to the houses, where they patiently wait for the next unwary urban explorer.
TheBlackAdder
(28,186 posts)oasis
(49,378 posts)Liberal In Texas
(13,548 posts)patches still on. If that happened you wouldn't think that they were built very well.
TheBlackAdder
(28,186 posts)FakeNoose
(32,634 posts)Don't do it. It's always better to invest in a real community, even when it's not 100% to your liking. This place is like a failed Disneyland for billionaires. A lot of money was wasted on nothing, before this went belly-up.
Mazeltov Cocktail
(569 posts)Some also appeared to be almost a cluster home of 3-4 residences in one. I'm sure it's difficult to discern the original layouts with all the vandalism and decay but the are several "front door" type entrances on the structures.
What a sad waste of resources, I don't find it scary, just terribly terribly sad.
TexasBushwhacker
(20,178 posts)rather than permanent residences. Though it's a "country music mecca" with many entertainment venues, the city itself only has about 11K residents. The closest major airport is in Springfield, 45 miles away.
Demovictory9
(32,449 posts)KY_EnviroGuy
(14,490 posts)Shameful waste of natural resources, capital and man-hours.......
Next, someone someday will have to pay for their removal.
onethatcares
(16,166 posts)if nothing else. Have you priced 2 x 4s lately?