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The Grand Palace

Started by Copper, August 24, 2008, 03:16:53 PM

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biscuitcreek

Grand Palace was sold this morning at auction for 5.4 million dollars.  Bought by a group out of Nashville (and other locations) called Kingdom Wealth Builders LLC.  More details from Hometown Radio:

http://www.hometowndailynews.com/6175/breaking_news_grand_palace_sells_at_auction.html

Junior

Interesting...we will see how things turn out. Maybe they can have some shows by the late fall or for the Christmas season.
"Howdy there folks! My name is Junior Dugan, and I'll be drivin' your diving bell!"

sanddunerider

well good, hopefully they do have big plans, and soon..

Ozark Outlaw

The article mentioned renovations. I wonder if they are talking about a spruce up, or a total facelift. Either way, this is very interesting news for the building, and future shows there!

sanddunerider

with deep pockets, the options a limitless for that building.....

eagle1

We are anxious to see what happens as well. That was a huge part of Branson for a long time, I as a local hope they do it justice!

U Smell Smoke

Any update on when renovations might start?  Didn't see any activity the times we passed by last week.

Junior

My guess is the group that last proposed and started improvements has faltered and failed. There have been many people like them that have come and gone in Branson. Probably, someone else will pick up the pieces and turn the place back into the showplace it once was.
"Howdy there folks! My name is Junior Dugan, and I'll be drivin' your diving bell!"

biscuitcreek

Yes, the group that had the winning bid at the auction could not come up with the cash.  The Grand Palace is back on the market again.  A national firm that specializes in commercial properties is trying to sell it this time.

From Hometown Daily News:
http://www.hometowndailynews.com/6612/breaking_news_update_grand_palace_for_sale_again.html

From Branson Tri-Lakes News:
http://bransontrilakesnews.com/news_free/article_69c82678-ba15-11e0-a727-001cc4c03286.html

thelarsonsix

Heard that on the duck tour today
"He takes a log, then he just cuts away everything that don't look like an injun" - Jed Clampett

sanddunerider

WOW!!  high bidder!  NOPE just the people with biggest ideas and hopes!

Ozark Outlaw

Perhaps they should auction it like NASA did with the space shuttle program, and give the job to the lowest bidder. ;)

eagle1

If someone would just come in and commit! That is the biggest seating theater in town, used to have big names come in; I think it could happen again BUT need to have the cash to put up front and then get the reward. The music industry gets the rep with always having big money behind "them".....depends on who "they" are. I remember when the Oak Ridge Boys" played there before their theater so, it can be done. We had oh can't remember at Mansion and over 3,000 people last year. IF the theater can be put back into place, then need to get the promotions to get maybe the "newer" names here? If I win the lottery I would seriously look into it myself!

thelarsonsix

I saw Kenny Rogers there a few years ago. So yes, it can draw big names. It's just a BIG investment in a not so good economy.
"He takes a log, then he just cuts away everything that don't look like an injun" - Jed Clampett