Another thumbs up for a proposed development near Osage Beach. A Transportation Development District has been approved by the department of transportation for a new hotel and conference center planned by Peninsula Development. Dr. Dan Foster is the principal behind the project. The development is expected to include a hotel, conference center, and public event space, including a performing arts center. The TDD allows developers to use tax revenue collected from hotel guests to pay for an access road, parking lots, and other transportation improvements connected to the facility’s development.