N.D. Oil Boom Development Includes RV Park
People from all across the country are moving to the Bakken oil field in North Dakota, trying to make money.
Real estate developers have been all over western North Dakota adding RV parks, apartments, and other types of housing, KQCD-TV, Dickinson, N.D., reported.
One developer career was taking off, and then came to a halt in 2008.
Now he’s found a new home for his career in oil country.
Ken Hartog has been in the real estate business for 20 years. He started in California, and then moved back to his home state of New York to continue his career, but the housing market had different plans.
“As with most places in about 2007, 2008, 2009, real estate was very slow,” says Managing Partner of Bakken Real Estate Partners Ken Hartog.
A couple years later Hartog found out about the Bakken, and he hasn’t looked back since. He now has a few RV parks, some single family homes and six work force houses near Watford City.
“I don’t have a vacancy anywhere, I have a waiting list for all my properties to satisfy the people that need housing and real estate out here,” adds Hartog.
Hartog’s next venture in the Bakken is located just off Highway 85 right behind Abe Lincoln.
“Our plans call for retail up front, which we’re going to start with some food, we’re trying to attract a medical practice for this area,” Hartog adds.
The entire lot is 26 acres. The first five acres will be the retail area, and the back part of the lot will be an RV park.
“We’re in the process of building out now. We hope to have stuff ready before winter, and then continue building out after winter. We’ll see how the weather cooperates. You never know in North Dakota,” Hartog adds.
Hartog is hoping the retail part of Lincoln Park will be able to provide services to people down toward the Alexander area as well.
Click here to watch a KQCD-TV newscast that includes this story.