First Security Center Marks Grand Opening

by Arkansas Business staff  on Thursday, Nov. 4, 2004 11:57 am  

Financial services holding company First Security Bancorp on Thursday celebrated the grand opening on its new First Security Center, a 14-story, $25 million multiuse building in Little Rock's River Market District.

The 180,000-SF building includes a 120-room Marriott Courtyard Hotel, offices for First Security Bancorp and Crews & Associates, and 24 condominiums.

The Marriott Courtyard has proved to be a hot ticket because of its proximity to the Clinton Presidential Library, which opens Nov. 18. As is the case with other city hotels, rooms are booked solid for the grand opening.

First Security formed an alliance with Moses Tucker Investments LLC of Little Rock and McKibbon Brothers Inc. of Gainesville, Ga., to build the First Security Center, announced in October 2002.

The First Security Center is one of three high-rise, mixed-use buildings Moses Tucker has or is developing. Last week, the firm announced plans for a 17-story, $45 million residential tower at Third and Cumberland streets near the River Market District. The building, 300 Third, will contain 106 luxury condominiums, retail space and a parking deck.

Privately held First Security Bancorp of Searcy has $185 million in total capital and $1.8 billion in assets. It employs more than 850 and has more than 45 locations offering financial services including investment banking services; public finance; real estate development; and revitalization, leasing, mortgage and insurance services.



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