Construction Archive

Midtown LR Storage Property Sells for $9.5 Million

by Arkansas Business Staff 8/6/2018 12:00 am

A midtown Little Rock mini-storage project, a charter school in Sherwood and hotel land in Sherwood form this week's trio of multimillion-dollar real estate transactions.

Training Workers for Today's Jobs (Editorial)

by Arkansas Business Editors 8/6/2018 12:00 am

College is increasingly expensive and it's not for everyone. Meanwhile, high-paying jobs that don't require a college education are going unfilled.

Arkansas Journalism Schools Shift to Meet Needs of Job Market

by Kyle Massey 8/6/2018 12:00 am

The new name of the University of Arkansas' School of Journalism & Strategic Media presents a potential multimillion-dollar opportunity for the university, which can now put a donor's name on the school.

WLR Comfort Suites Hosts $6.1M Transaction (Real Deals)

by George Waldon 8/6/2018 12:00 am

LR Markham Apartments LLC bought the 90-room hotel at 11 Crossings Court in west Little Rock.

Seal Energy Solutions Teams Up With LightWave Solar

by Kyle Massey 8/2/2018 10:57 am

After facing LightWave Solar LLC as a competitor, Seal Energy Solutions CEO Josh Davenport knew he wanted the Tennessee solar installation company as an ally.

US Construction Spending Fell 1.1 Percent in June

by Associated Press 8/1/2018 10:27 am

Spending on U.S. construction projects fell 1.1 percent in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years.

Annual US Worker Pay Gains Rose at Fastest Pace Since 2008

by Associated Press 7/31/2018 11:50 am

U.S. workers saw their annual wages and benefits rise in the second quarter at the fastest pace in nearly a decade, a sign that the low unemployment rate is forcing employers to raise pay to attract and keep workers.

Halff Associates Acquires Marlar Engineering of NLR

by Arkansas Business Staff 7/31/2018 09:31 am

Engineering/architecture consulting firm Halff Associates Inc. of Richardson, Texas, announced Monday that it has acquired Marlar Engineering Co. Inc. of North Little Rock.

Caterpillar Has a Big Second Quarter, Raises Outlook Again

by Associated Press 7/30/2018 07:29 am

Caterpillar's second-quarter easily beat Wall Street expectations thanks in part to the blistering pace of construction and demand for big machines, a the company boosted its full-year earnings forecast again.

Decades-old Arkansas Barber Shop Threatened by New Overpass

by Associated Press 7/30/2018 06:54 am

Four generations of men and boys visit the City Barber Shop in Jonesboro regularly, but its owner says he may not be able to keep the business after planned construction of a railroad overpass disrupts traffic.

Claire Pointe Facilities, Asher Shopping Center Highlight Big Real Estate Deals

by Arkansas Business Staff 7/30/2018 12:00 am

A pair of memory care assisted living facilities, a shopping center and a big home form this week's quartet of multimillion-dollar real estate transactions.

Lack of Funding Continues To Sideline Interstate 49

by Marty Cook 7/30/2018 12:00 am

A lack of funding continues to hinder the completion of Interstate 49, a highway seen as a boon to economic development in western Arkansas.

Pine Bluff's Hotel Pines Undergoing a Transformation

by Jan Cottingham 7/30/2018 12:00 am

Some people view a derelict hotel and see what has been lost. Others possess a different kind of vision: They see beyond what was lost to what remains and what can be again. Stuart Hee and his partners in the nonprofit Pine Bluff Rising are in the latter camp.

Arkansas, Missouri Join in Seeking Money for I-49

by Marty Cook 7/30/2018 12:00 am

Another stretch of Interstate 49 may be closer to completion. Or closer to the money being found to pay for the work to bring the highway closer to completion.

Kelly Vanlandingham Joins Crist Engineers (Movers & Shakers)

by Arkansas Business Staff 7/30/2018 12:00 am

Kelly Vanlandingham has been hired as senior project engineer at Crist Engineers Inc. in Little Rock.

NLR Apartments Sale Tops $3.8M Mark (Real Deals)

by George Waldon 7/30/2018 12:00 am

An Oklahoma company bought the 210-unit New Horizon Apartments at 4907 August Circle and the eight-unit New Haven Apartments at 1815 Broken Arrow Drive.

Old Post Office Sells For $2.3M in Fayetteville (NWA Real Deals)

by Marty Cook 7/30/2018 12:00 am

Arnold Holdings LLC, led by Mike and Jane Arnold of Little Rock, bought the 13,450-SF building at 1 W. Center St. The seller was Fayetteville OPO LLC, led by Jim Huson of Fayetteville.

Northeast Oklahoma Residents Claim Simmons Foods Tapping Out Water Supply

by Associated Press 7/26/2018 01:07 pm

New and larger poultry farms are growing in northeast Oklahoma, centered on the planned construction of an upgraded poultry processing facility in nearby Arkansas.

New Site for Arkansas Federal Credit Union Tops Recent Real Estate Deals

by Arkansas Business Staff 7/26/2018 09:07 am

Transactions totaling $18.6 million includes sales of land, apartments and church's building.

New-Home Sales Fall 5.3 Percent in June ... A Warning Light?

by Associated Press 7/25/2018 11:33 am

Sales of new U.S. homes tumbled 5.3 percent in June and the median sales price also slipped, a potentially ominous sign for the U.S. housing market.