New Projects, Players Attracted To Downtown Little Rock Redevelopment

by George Waldon  on Monday, Nov. 22, 2010 12:00 am  

Greg Hatcher and Sam Alley joined forces to take out the KARK Building.

 

Redevelopment Activity

 

Feb. 20, 2009

Southern Bancorp of Arkadelphia, through its community development corporation subsidiary, acquires the old Federal Reserve Building at 123 W. Third St. for $1.35 million.

The 45,000-SF building, partially used for record storage, is renovated for use by the high school grades of neighboring eStem Charter School, housed in the Arkansas Gazette Building.

 

Aug. 27

Insurance exec Greg Hatcher purchases the 308-310 Louisiana St. project for $675,000 with an eye toward relocating The Hatcher Agency to larger digs.

 

March 1, 2010

Scott Reed buys Deedeekay Inc., which owns the vacant 315 Main St. building, remembered by some as the Gus Blass Dry Goods Warehouse. Reed is converting the historic 42,000-SF structure into 30 apartments and Porters, a jazz-themed restaurant.

 

 

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