Large Construction Projects Top $1.8 Billion in State

by George Waldon  on Monday, Apr. 13, 2009 12:00 am  

An aerial view in February captures the full -swing construction of the Crystal Bridges Museum of American Art in Bentonville.

At nearly $28 million, the new Marion Junior High School is tops among K-12 projects. Little Rock's Baldwin & Shell Construction Co. is the general contractor on this Crittenden County job.

Apartments accounted for 18 entries on this year's list, with Fayetteville's Lindsey Construction contributing five of the larger projects and Ridge Construction adding seven.

Pulaski County was once again home to the most big-dollar construction projects in Arkansas. But the recent tally of 31 reflects a 26 percent drop compared with 42 a year ago.

The decline wasn't as precipitous asthe 42 percent fall in the Benton-Washington County project total: 38 to 22.

Little Rock alone accounted for 24 projects versus 32 in 2008. Other leading cities this year included Conway at 10, Fayetteville at nine, Rogers at six and Hot Springs at five.

Lindsey Construction's Greens at Nutters Chapel is the largest Conway project on the list at $34.7 million. The $62.5 million expansion of the VA Hospital by Crossland Construction Co. of Columbus, Kan., is the biggest construction project in Fayetteville.

Average Value Drops|
While the list of big-dollar construction projects was pared in some of the larger markets in Arkansas, other projects sprung up around the state to keep the headcount stable.

Coinciding with the geographic dispersion of job sites was a downward nudge of the average project value: more than $15.7 million in 2008 compared with nearly $15.2 million this year.

Nabholz Construction had the most projects of any general contractor on this year's list with 21 (or 22 if the joint venture on the Crystal Bridges project is counted).

Next in line is CDI Contractors, 11; Baldwin & Shell, 10; and Ridge Construction, seven. Three companies have five projects each on the list: Lindsey Construction, May Construction Co. of Little Rock and Crossland Construction.      

 

 

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