Economy
2:55 pm
Tue September 13, 2011

Businesses In Joplin, Mo., Find Economic Opportunity

It's been nearly four months since a tornado slammed into Joplin, Mo., destroying about one-third of the city. More than 525 businesses were in the direct path of the storm.

Now as they rebuild, business owners are seeing some opportunities in the wake of their tremendous losses.

'Can Do' Attitude

After the tornado hit, the building that housed the Medicine Shoppe Pharmacy in Joplin was destroyed. A safe used to store narcotics was one of the only things to survive and even it got knocked over by the powerful winds.

But within two days, pharmacy owner David Starrett held the keys to a new location for his business, a building originally built for installing car phones.

To convert this space into a pharmacy, donated shelves arrived from a pharmacist more than three hours away and volunteers pitched in, allowing Starrett to fill prescriptions from his new location less than one week after the tornado struck. He says the new location has brought him some new opportunities, even though many of his previous customers left town.

"We've had 75 or 80 families displaced," Starett said. "They've had to move to Neosho, Springfield, Carthage, places where they can't use me. The positive thing about our new location is we've had new faces, even though I'm just a mile south of where I was, I've gained more than I lost."

Businesses in the storm's path included some big box retailers like Home Depot and Wal-Mart and some "mom and pop" stores. A major hospital was also decimated.

Rob O'Brian, president of the Joplin Area Chamber of Commerce, said he expects more than 400 of the businesses to reopen by the end of this year. He said the international news coverage of the tornado and Joplin's quick response has helped attract businesses to the area.

"We've heard from many of them that they see that as a big plus," O'Brian said. "It's a big difference when they know that that 'Can Do' attitude can kick in even in the face of a severe natural disaster."

Trading Scissors For Saws

Along 26th Street in Joplin, there is an open, littered field to the west and off in the distance, the hulking remains of St. John's Hospital. To the east, there is an elementary school that is still standing, but in shambles. To the south, however, is a brand new brick building. It's the new home of Cut Loose, a hair salon. The original building on this site was destroyed when the May 22 tornado ripped through this part of the city.

"It's amazing some of the things we lost including a brick building and washer and dryer, but we did recover fingernail polish," Cut Loose owner Diana Collins said.

After the tornado, Collins and her staff traded scissors for saws to cut up limbs and other debris covering their salon. By July 1, they were cutting hair in a new building on the old foundation complete with a new floor plan.

A full comeback may take some time, even though there's now a multimillion-dollar private fund that's offering no interest and low interest loans for new and expanding businesses.

Even though most Joplin businesses reopened quickly, there are still some major players in the process of rebuilding like the new hospital — scheduled to open in 2014. So even with some new opportunities, there are many challenges and the community may have to wait before they see a lasting economic recovery.

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