Bucking National Trends: Conway's Tradition of Growth

by Arkansas Business Staff  on Monday, Dec. 17, 2012 12:00 am  

From living space to retail opportunities, Conway is welcoming several new commercial construction projects, some that are unique to the area and to Arkansas.

Conway has been home to one of Arkansas’s fastest growing economies for decades. It has a tradition of growth.

Lately, some of Conway’s most exciting commercial construction projects have capitalized on the trend in neo-traditional and renovation architecture. The end products are developments that bring instant excitement to the market but are designed to stand the test of time.

The Village at Hendrix

The 130-acre new urban development is a neighborhood unlike any other in Arkansas. The Village is across the street from Hendrix College and walking distance from downtown. The development is home to Southwestern Energy’s regional headquarters, 36 single-family homes and 18 row house-style apartments with plans to include 250-300 residences.

At the center of it all is a developing “town square” that includes a bookstore, bank and restaurants like ZaZa’s and Panera.

The Village is early in the process of adding the Market Square South building. The 32,000-SF, mixed-use building will include a regional bank headquarters and new restaurant.

Federal Plaza

Federal Plaza is a LEED certified office building in the heart of downtown Conway. The 25,000-SF building, located at the intersection of Front and Main Streets, underwent a full renovation in 2011. Federal Plaza is home to the downtown branch of the Post Office, the Log Cabin Democrat newspaper and PrivacyStar, a new technology company that recently announced plans to add more than 100 employees. The property is managed by Sperry Van Ness/ Nabholz Properties.

The Plazza at Centerstone

The 35,000-SF Plazza at Centerstone represents the commercial element of the 24-acre, mixed-use Centerstone development in southern Conway.

Located on Dave Ward Drive across from the University of Central Arkansas, Centerstone will be home to more than 350 residential units to complement the office, retail and restaurant space.

The Plazza is home to The Draft, Pitza42 and Centerstone Family Dentistry. Centerstone is managed by Salter Properties.



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