The Osage Nation announced plans to build a new entertainment district, with a hotel and casino, at Lake of the Ozarks.
The Osage Nation in a press release On Friday, the tribe planned to invest around $ 60 million in the project, which will also include restaurants, entertainment, long-term parking, infrastructure and land improvements.
The tribe, which is headquartered in Oklahoma, called the project “one of the most important economic development initiatives for the region in years,” the statement said.
“We have established very good relationships with several communities in Missouri and are looking to be present in our homeland,” Osage chief Geoffrey Standing Bear said in the announcement.
Missouri is the ancestral home of the Osage Nation. At one point, the tribe numbered as many as 200,000 members in what is now Missouri, according to the Osage Nation.
The Osage News, the tribal newspaper, reported that the Osage Nation bought 28 acres of land in June near Lake Ozark, a town against a northeastern part of the lake.
Osage Casinos CEO Byron Bighorse told Osage News the tribe is still working on the land trust application, which could take several months.
Senator Justin Brown, a Republican from Rolla, called the announcement a “huge opportunity” for the region and the state.
“I look forward to working with the Osage Nation, community leaders and my colleagues in the Legislative Assembly to make this a reality and welcome the Nation to her home,” he said in the press release.
Lake of the Ozarks Convention and Visitors Bureau Executive Director Heather Brown, Missouri Hotel and Lodging Association Board Chairman Trey Propes and Senator Mike Bernskoetter of Jefferson City also expressed their support for the project in the press release.