An upscale recreational vehicle development is being planned for a 540-acre site near Jefferson, S.D., according to a report in the Sioux City (Iowa) Journal.
The project, called the Wilds Resort, is being developed by Faron McFarland and attorney Tim Hogan. Currently, they are seeking to have the large parcel of land rezoned from agricultural to planned development.
If approved, construction would begin next year and the resort would open in 2007.
The newspaper reported that Phase I of the development will feature 400 RV lots equipped with water, sewer and electrical along with wireless Internet and phone services.
The average lot size would be 50-by-100 feet and lot prices would range between $25,000 and $55,000.
Streets and driveways would be hard-surface and the project would include a marina, bar, restaurant, sales office and boat storage. The facility would be open May through October.
“We’re trying to create an environment where people can bring their RV and treat it as a second home during the summer months,” McFarland said.
McFarland said they are modeling The Wilds after Campground of America at Table Rock Lake, Ark., near Branson, Mo. “We took every idea we like about that facility and incorporated it into ours,” he said.
An economic analysis of the project, prepared by Gary Taylor, associate professor of economics at South Dakota State University, shows the initial construction will cost more than $2 million with an additional $1.2 million spent in 2007-2010. It assumes 50 lots will sell in 2006, 70 in 2007 and the rest by 2010.