3 Downtown Little Rock Projects on Track for Completion This Year

by Luke Jones  on Monday, Mar. 11, 2013 12:00 am  

Some of the multimillion-dollar construction projects in downtown Little Rock will be wrapping up throughout this year.

Three of the most imminent projects are the new Residence Inn by Marriott next to the Interstate 30 ramp at 219 River Market Ave., the Mann on Main Redevelopment at Fourth and Main streets and the Arcade Building, a new multi-use office and retail space at 100 River Market Ave.

Sharon Priest, executive director of the Downtown Little Rock Partnership, said these projects were good signs for downtown development.

“I think we’re seeing now that the interest in downtown has really resumed,” she said. “People are looking to downtown as the place to be. We’ve been working on that for years now, and it’s really starting to happen.”

Main Street, she said, is in need of more retail and creative facilities. “I think all over downtown what we need to do is start upgrading some of the buildings that have been occupied but maybe not taken care of,” she added. “I’d like to see that happen.”

Residence Inn

The six-story, 80,584-SF Residence Inn is scheduled for completion in late spring, said a spokeswoman for owner McKibbon Hotel Group Inc. of Gainesville, Ga. Shannon Earls, president of Clark Contractors of Little Rock, said his company had a late April completion time frame for the project. It broke ground about one year ago.

The extended-stay hotel was designed by Lindsay Pope Brayfield Clifford & Associates of Lawrenceville, Ga.

McKibbon’s spokeswoman said the hotel would have 107 rooms and a total of 1,051 SF of retail space between two bays; tenants for the retail bays haven’t been announced. The Residence will also have 702 SF of meeting space.

Both Clark and McKibbon declined to comment on the cost of the project.

The building permit reflects a construction project of nearly $9.7 million.

The site was bought by a McKibbon affiliate in 2009 for $1.3 million.

 

 

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