Construction Archive

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

Central Arkansas Industrial Vacancy Rate Stable

by Arkansas Business Staff 8/18/2014 12:00 am

The vacancy rate for industrial real estate in central Arkansas remained relatively stable through the second quarter of 2014, ticking up just slightly to 10.8 percent compared with 10.6 percent in first-quarter 2014. That's above the national average of 9 percent but far below central Arkansas' 12.2 percent vacancy rate of second-quarter 2013.

Little Rock Metro's Housing Permits Down in 2013

by Lee Hogan 8/12/2014 12:51 pm

Numbers were down across the board in the housing market in central Arkansas last year. The total number of housing permits, 2,094 — including single-family and multi-family — was lower than numbers from the Great Recession and the lowest since 1992.

Fort Smith, Rogers Airports Get Sizable FAA Grants

by Lee Hogan 8/12/2014 11:04 am

The Fort Smith Regional Airport and the Rogers Municipal-Carter Field Airport are the recipients of two grants, totaling more than $8 million, that will go toward upgrades at each facility.

Stakes are High in $68M Renovation of Robinson Center

by Jan Cottingham 8/11/2014 12:00 am

Robinson Center is a multipurpose venue. It must accommodate the Arkansas Symphony Orchestra, Broadway plays, Ballet Arkansas and commencement ceremonies — in addition to conventions and conferences — and each of these has different and sometimes even opposite technical requirements, particularly acoustical requirements.

Vilonia Considers Rebuilding Options After Tornado

by Mark Friedman 8/11/2014 12:00 am

After the tornado that hit Faulkner County on April 27, Vilonia is tiptoeing into the rebuilding process. While the rebuilding of a $13 million school is moving forward, a group of citizens is hoping business owners will consider all options before construction starts on Main Street.

$21.5M Children's Museum 'Amazeum' Taking Shape in Bentonville

by Marty Cook 8/11/2014 12:00 am

The Amazeum, billed as an interactive children's museum, isn't scheduled to open until 2015, but after years of planning it is at least beginning to take physical shape.

Greene County Unveils $16.5M Jail Expansion

by Mark Friedman 8/11/2014 12:00 am

The first phase of a $16.5 million expansion project at the Greene County Detention Center was recently completed.

Midtowne Little Rock Sells for $41.4 Million (Real Deals)

by George Waldon 8/11/2014 12:00 am

A 126,288-SF retail center in midtown Little Rock tipped the scales at $41.45 million. Construction of a 9,000-SF retail building in west Little Rock is trailing a $1 million land deal. And development of a Noah's event center in west Little Rock is following an $859,636 land sale.

Main Street, Restaurants and the Big Mo

by Jan Cottingham 8/11/2014 12:00 am

The recent announcement that another new restaurant will be opening on Little Rock's Main Street lends weight to the idea that this part of downtown has the “big mo,” the momentum to keep diners coming to what once was a pretty sketchy part of town past 5 p.m.

Architect Ron Shelby on Moving the Frank Lloyd Wright House to Arkansas

by Arkansas Business Staff 8/11/2014 12:00 am

Hight-Jackson and CEO Ron Shelby were chosen to oversee the reassembly of the Bachman Wilson House, designed by architect Frank Lloyd Wright and moved from its previous home in New Jersey, on the grounds of Crystal Bridges Museum of American Art in Bentonville.

Russellville Accepts Convention Center Proposal

by Associated Press 8/6/2014 11:17 am

Russellville city officials have accepted a proposal from a Tennessee firm to build a convention center and hotel complex in Arkansas.

Conway Chamber Previews Plans for Shopping Centers

by Lee Hogan 8/5/2014 09:51 pm

The Conway Chamber of Commerce gave hundreds of local residents a glimpse into the future of the city, and two proposed retail projects that could shape it into a regional shopping hub.

Nominate Now for Arkansas Business' CFO of the Year Awards

by Arkansas Business Staff 8/5/2014 11:28 am

Arkansas Business is searching for the state's most outstanding chief financial officers for its sixth "CFO of the Year" awards. You can nominate CFOs here.

Conway Renovations To Roll Over Rink

by Arkansas Business Staff 8/4/2014 12:00 am

One Conway institution will be renovated to match the new restaurants and shops that will soon occupy Oak Street, and the other will be sold and demolished.

Fayetteville's Joyce Business Park Sold for $2.6M

by Arkansas Business Staff 8/4/2014 12:00 am

Joyce Business Park has a new owner. Engineering Elements, owned by Shane Lanning and Ryan McClain, paid approximately $2.6 million for the 40,316-SF complex of offices at 2418 E. Joyce Blvd. in Fayetteville.

Pantry Crest To Open in Hillcrest Next Month

by Arkansas Business Staff 8/4/2014 12:00 am

Tomas Bohm, owner of the Pantry restaurant in west Little Rock, says he hopes to open the Pantry's Hillcrest sibling, the Pantry Crest, sometime in September.

A Closer Look: Arkansas Unemployment and Employment

by Arkansas Business Staff 7/28/2014 12:00 am

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently.

Arkansas Business Presents the 2014 Power List

by Gwen Moritz 7/28/2014 12:00 am

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks.

Value Place Hotel Visited by $4M Sale (Real Deals)

by George Waldon 7/28/2014 12:00 am

A 121-room hotel in west Little Rock tipped the scales at $4.08 million. A 6,450-SF warehouse in southwest Little Rock is under new ownership after a $1.26 million sale. And a 1.57-acre office site in west Little Rock changed hands in a $374,848 transaction.