Construction Archive

Cranford Co. Makes Move into Arkansas Building

by Alexis Hosticka 8/24/2015 01:27 pm

After a long drawn-out wait and taking over delayed work themselves, Cranford Co. has moved into an office in the Arkansas Building.

Outlets of Little Rock Announce Retailers

by Alexis Hosticka 8/24/2015 10:15 am

Outlets of Little Rock, a 325,000-SF outlet center opening on Oct. 16 next to Bass Pro Shops in Little Rock, is announcing stores all through this week.

Apartments in Northwest Arkansas Still in High Demand

by Marty Cook 8/24/2015 12:00 am

A recent apartment market study reported that occupancy rates for northwest Arkansas were 98 percent or higher in each of the four major cities.

Series of LR Apartments Produces $65 Million Sale (Real Deals)

by George Waldon 8/24/2015 12:00 am

A quartet of Little Rock apartments sold for a combined $65 million. Affiliates of Somerset Partners LLC of New York bought the projects from affiliates of Bell Partners Inc. of Greensboro, North Carolina.

Arkansas Unemployment Decreases to 5.6 Percent in July

by Arkansas Business Staff 8/21/2015 09:23 am

Arkansas' seasonally adjusted unemployment rate decreased one-tenth of a percentage point, from 5.7 percent in June to 5.6 percent in July, according to labor force data from the U.S. Department of Labor, Bureau of Labor Statistics.

Update II: DAV Construction Searched by Federal Agents

by Gwen Moritz 8/20/2015 02:49 pm

The subject of a federal law enforcement search at a North Little Rock office on Wednesday was DAV Construction Co., according to a statement issued Thursday afternoon by Powers of Arkansas.

Site Work Begins for Lewis Crossing in Conway

by Arkansas Business Staff 8/19/2015 09:30 am

The Lewis Crossing shopping center development, expected to open in the fall of 2016, officially is under construction in Conway at the southeast corner of Interstate 40 and Dave Ward.

Big River's John Correnti Found Dead in Chicago

by Arkansas Business Staff 8/19/2015 09:01 am

John Correnti, CEO of Big River Steel, was found dead Tuesday in Chicago. He was 68. A cause of death has not been released. Correnti was leading the $1.3 billion steel mill project being built south of Osceola in Mississippi County.

UALR, eStem to Partner on New High School

by Mark Carter 8/17/2015 02:15 pm

The project will entail new construction and renovation of existing UALR space. The new eStem High School, serving students in grades 9-12, is expected to open in July 2017.

JBU Breaks Ground on $6M Health Sciences Building

by Alexis Hosticka 8/17/2015 10:01 am

John Brown University broke ground Monday on a $6 million Health Sciences Building scheduled to be complete by fall 2016.

Scott Reed Owes Over $35K in Delinquent Property Taxes

by Arkansas Business Staff 8/17/2015 12:00 am

The West Coast real estate adviser with historic re-development aspirations owes a combined $35,546 on four Main Street buildings. The biggest tab is $14,397 owed for 2012-13 taxes plus penalty and interest on the 62,688-SF M.M. Cohn Building at 510 Main St.

Hugg & Hall Gets New Site in Fort Smith

by Arkansas Business Staff 8/17/2015 12:00 am

Super Properties III LLC, led by John Hugg and Robert Hall, bought a 16.2-acre property at 7101 S. Zero St. Hugg & Hall paid just shy of $2.5 million to Alawest-AL LLC.

Both Sides Mull Post-Trial Options in Hillcrest Home Case

by Arkansas Business Staff 8/17/2015 12:00 am

It looks like neither side was satisfied with the ruling involving the $1.25 million Hillcrest home case. Both have asked for a new trial or a reconsideration of the $102,200 judgment that Dr. Joel Dworkin was awarded from the seller of the home, Kathleen “Kathy” Blasingame of Maumelle.

Mending Bridges a Constant Mission

by Marty Cook 8/17/2015 12:00 am

Arkansas inspects its bridges at least once every two years — and more frequently for bridges that have earned a structurally deficient label — and Mike Hill insists the term sounds worse than it is.

Central Arkansas Planners Think I-30 Proposal Costly, Inefficient

by Mark Friedman 8/17/2015 12:00 am

The state Highway Department's $450 million plan to widen Interstate 30, a project that includes replacing the Arkansas River Bridge, is generating hand-wringing from area planners.

Cautious Optimism for Rebuilding Broadway Bridge

by Austin DuVall 8/17/2015 12:00 am

Motorists who regularly drive downtown may dread next year's replacement of the Broadway Bridge, but Little Rock and transit officials don't expect the $98.4 million project to cause many problems for area businesses.

Work Begins to Fix Pig Trail After Slide

by George Waldon 8/17/2015 12:00 am

The clock is ticking for workers to complete emergency repairs by Halloween and reopen to traffic on the famed Pig Trail Scenic Byway in northwest Arkansas.

Austin Powers Central Arkansas Population Gains

by Arkansas Business Staff 8/17/2015 12:00 am

Smaller cities in central Arkansas are seeing the biggest population gains by percentage, according to the most recent “Metrotrends” report, released last month by Metroplan. Metroplan is a voluntary association of local area governments that serves as the metropolitan region's planning agency.

Don Weaver on Paving Over Potholes in Federal Highway Funding

by Arkansas Business Staff 8/17/2015 12:00 am

Don Weaver graduated in 1981 with a bachelor's in business administration from the University of Central Arkansas in Conway. He's the chairman of the board of The Road Information Program and has served on the Associated General Contractors of America national board since 2001. Weaver-Bailey is based in El Paso.

Matt Crafton Urges Long-Term Highway Fix

by Marty Cook 8/17/2015 12:00 am

Matt Crafton said he's not just thinking about the benefit to his business when he calls for the U.S. Congress to find a long-term solution to the Highway Trust Fund.