Arkansas Business

C.R. Crawford Construction Co. of Fayetteville is nearing completion of a 71,000-SF Academy Sports + Outdoors at 3864 N. Steele Blvd. in Fayetteville, just south of the Malco Razorback Cinema movie theater.

C.R. Crawford is using a building permit valued at $7.6 million to complete the project. It’s slated for a Dec. 7 opening.

Perry E. Seeberger of Houston is the architect.

BGA Engineers of Houston is the structural engineer.

Henderson Engineers Inc. of Lowell is the mechanical, electrical and plumbing engineer.

Academy operates more than 150 stores in 12 states. The company operates five in Arkansas with one each in Fort Smith, Jonesboro, Little Rock, Sherwood and Rogers.

Hotel Acquisition

A 197-room, full-service hotel in Fayetteville sold recently for $1.5 million.

JGHG LLC, which lists Jasdeep Grewal as the registered agent, and Charles Wilkerson bought the Fayetteville Clarion Inn at 1255 S. Shiloh Drive, near Interstate 540 and U.S. Highway 62.

The seller was H&C Fayetteville Clarion LLC, led by C. David Curry.

Future plans include extensive room renovations. The on-site restaurant will also be renovated into a steakhouse.

The hotel was built in 1986, and sits on 7.05 acres. It produced $1.65 million in room revenue in 2011.