Top Building Jobs Approach $2B in Value

by George Waldon  on Monday, Apr. 14, 2008 12:00 am  

Bill Hannah, CEO of Nabholz Construction Corp., reports that construction demand remains strong, including at St. Vincent Infirmary in Little Rock.

(To view a pdf of the list of the top commercial construction projects, click on Page 1, 2, 3, or, 4. A spreadsheet version is also available.)

Commercial construction in Arkansas held its own during the past 12 months, using a list of the largest projects as a measuring stick. The contract value of the largest commercial projects totaled nearly $2 billion, the same as in April 2007.

The 2008 list tallies 125 projects valued at $5 million or more from around the state, two more than appeared on last year's list.

Pulaski County alone was home to a third of the projects (42) on this year's roster, up from 38 in 2007. Benton and Washington counties combined for 33 high-dollar commercial projects for the second consecutive year.

Little Rock tallied 32 $5 million-plus projects - 32.5 if you count the $6.5 million project to convert the Junction Bridge to pedestrian traffic. The railway bridge spans the Arkansas River between Little Rock and North Little Rock.

Little Rock also had the most big-buck commercial projects last year, with 30. The University of Arkansas for Medical Sciences campus contributed seven projects to the Little Rock scorecard. (See related article on Page 27.)

Two UAMS projects, a $149 million patient tower and the $81.5 million Winthrop P. Rockefeller Cancer Institute, top the 2008 list. Little Rock's CDI Contractors is overseeing both projects.

Other cities with six or more projects on the 2008 list are Fayetteville (11), Rogers (10) and North Little Rock (six). Bentonville, Hot Springs and Conway each had five projects on the list.

The largest Fayetteville project this year is the $30.5 million Mountain Ranch Apartments undertaken by S.C. Bodner Co. of Indianapolis. The biggest in North Little Rock is the $6.2 million expansion of Maverick Trucking by Nabholz Construction Corp. of Conway.

The top eight cities accounted for 74 projects, 60 percent of the list.

Because the largest projects often take more than a year to complete, many entries on the list are repeats from earlier lists. Two projects new to the list joined the top 10: the $72.5 million Special Needs Unit at Malvern's Ouachita River Correctional Unit overseen by the Arkansas Department of Corrections and the $33 million Arvest Stadium in Springdale handled by Crossland Construction Co. of Columbus, Kan.

Nabholz Construction had 16 projects on this year's list, the most of any contractor. Its biggest is the $25 million Patient Tower Expansion at North Arkansas Regional Medical Center in Harrison, a holdover from last year.



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