Construction Archive

Lecheek Nutrition Investing $6.7M, Will Create 100 Jobs

by Arkansas Business Staff 9/23/2016 10:46 am

Lecheek Nutrition is investing $6.7 million in a new facility that will expand its operations in Harrison and add 100 new jobs.

Alumna Gives $1M to Support SAU Engineering Program

by Associated Press 9/23/2016 10:28 am

Southern Arkansas University has received more than $1 million to support its new engineering program.

United Federal Credit Union Wins Top Honor at Best Places to Work Awards

by Arkansas Business Staff 9/22/2016 11:35 am

Arkansas Business and the Best Companies Group honors 29 Arkansas companies with "Best Places to Work" awards, which honor firms that have exceptional workplace environments.

Little Rock Airport Gets $5.9M Grant for Improvements

by Arkansas Business Staff 9/22/2016 10:33 am

The Federal Aviation Administration is awarding a $5.9 million grant to the Bill and Hillary Clinton National Airport in Little Rock to rehabilitate the taxiway at Adams Field.

McLarty Automotive Plans $10M Dealership in Benton

by Arkansas Business Staff 9/21/2016 11:17 am

McLarty Automotive Group on Wednesday announces plans to build a new, 30,000-SF McLarty Nissan dealership off Interstate 30 in Benton.

Skyline Report: New Construction, Occupancy Strong in Northwest Arkansas

by Arkansas Business Staff 9/21/2016 11:01 am

The vacancy rate on commercial property in northwest Arkansas is 12.7 percent, up from 12.4 percent in the second half of 2015, according to the Arvest Bank's Skyline Reports for the first six months of 2016.

Arkansas Among 21 States Suing to Block Overtime Pay Expansion

by Associated Press 9/20/2016 04:25 pm

A coalition of 21 states sued the U.S. Department of Labor Tuesday over a new rule that would make about 4 million higher-earning workers eligible for overtime pay.

FedEx Opens Little Rock Ground Facility, Employs 175

by Alexis Hosticka 9/20/2016 02:50 pm

FedEx Corp. of Memphis marks the grand opening of its new 303,000-SF Ground facility in southwest Little Rock, where the company employs 175 people.

Arkansas Unemployment Rate Unchanged at 3.9 Percent

by Lance Turner 9/20/2016 09:28 am

Arkansas' August unemployment rate was unchanged at 3.9 percent, according to the state Department of Workforce Services.

US Home Construction Slumped in August; Big Dip in the South

by Associated Press 9/20/2016 07:35 am

Southern homebuilders pulled back on construction in August, causing the pace of housing starts nationwide to fall to their lowest level in three months.

L'Oreal Building Solar Projects at Arkansas, Kentucky Plants

by Andrew DeMillo, The Associated Press 9/20/2016 06:45 am

L'Oreal USA says it is building thousands of solar panels at its facilities in Kentucky and Arkansas, a move the company says will create two of the biggest solar-powered projects in each state.

John Daly's Steakhouse Construction on Course in Conway

by Arkansas Business Staff 9/19/2016 12:00 am

There's progress to report on the first John Daly's Steakhouse, planned for 912 Front St. in Conway.

Chaffee Crossing Continues Growth in Fort Smith

by Marty Cook 9/19/2016 12:00 am

While it seems today that Chaffee Crossing is one of those blessed developments that seems to fall into one handsome deal after another, Ivy Owen, the executive director of the Fort Chaffee Redevelopment Authority in Fort Smith, remembers a much leaner time.

Central Arkansas Industrial Space Vacancy Rate Falls

by Arkansas Business Staff 9/19/2016 12:00 am

The vacancy rate in the industrial real estate market in central Arkansas continued its decline in the second quarter of 2016, falling to 10.1 percent compared with 11.7 percent a year ago.

Conway's Lewis Crossing Nears Completion

by Jan Cottingham 9/19/2016 12:00 am

One of the big puzzle pieces in Conway's retail development picture is almost complete: Lewis Crossing, the 441,871-SF, $65 million shopping center at the southeast corner of Interstate 40 and Dave Ward Drive.

Batesville Impact Plan Living Up to Its Name

by Gwen Moritz 9/19/2016 12:00 am

Fresh eyes, strategic planning, youthful energy and cold, hard cash are shaking up Batesville, a college town on the jagged edge of the Ozarks that is burdened with many of the same challenges as the Delta that's just minutes away.

Education a Cornerstone of Batesville's Strategic Plan

by Gwen Moritz 9/19/2016 12:00 am

Making sure the children of Independence County have the educational opportunities necessary to escape poverty is a cornerstone of the Impact strategic plan that Baldwin worked on when he was chairman of the Batesville Area Chamber of Commerce.

Millennials Drive Boom in Arkansas Apartment Market

by George Waldon 9/19/2016 12:00 am

When it comes to shelter, the millennial generation has established a reputation for its lingering embrace of apartments over homeownership. The market impact of the 18-34 age group is helping drive occupancy rates higher, to the delight of landlords.

Towne Oaks Duo Draws $10 Million Transaction (Real Deals)

by George Waldon 9/19/2016 12:00 am

An affiliate of the AndMark real estate investment firm of Los Angeles bought the 152-unit Towne Oaks Apartments at 9300 Treasure Hill Road and the 64-unit Towne Oaks Village Apartments at 9600 Southedge Drive.

New $25M Baptist Memorial Hospital In West Memphis To Open in 2018

by Mark Friedman 9/19/2016 12:00 am

Baptist Memorial Health Care of Memphis expects its approximately $25 million hospital in Crittenden County to open sometime in the first half of 2018.