Construction Archive

Stonehaven Assisted Living Facility Sells for $7.1 Million in Maumelle

by Arkansas Business Staff 1/16/2017 12:00 am

An assisted living facility in Maumelle, two North Little Rock motels and the site of a future extreme aerial sports facility in west Little Rock provide this week's quartet of multimillion-dollar transactions.

Former Razorback Ryan Hale Shifts to New Career Planning Bike Trails

by Arkansas Business Staff 1/16/2017 12:00 am

After five-plus years as a program officer at the Walton Family Foundation, Ryan Hale has left to start his own consulting company.

Two Financial Centre Draws $11.3M Sale (Real Deals)

by George Waldon 1/16/2017 12:00 am

An affiliate of Baptist Health was the majority buyer of the 124,900-SF office building in west Little Rock.

Metroplan Report Predicts Growth in Tech Sector

by Sarah Campbell 1/9/2017 10:46 am

Metroplan releases its 2016 Economic Review and Outlook, noting economic trends for the Little Rock-North Little Rock-Conway Metropolitan Statistical Area.

WER Architects/Planners Opens NWA Office

by Arkansas Business Staff 1/9/2017 10:09 am

WER Architects/Planners announces the opening of its northwest Arkansas office at a temporary location, 2241 Green Acres Road in Fayetteville.

Michael Parker To Lead Nabholz Specialty Services (Movers & Shakers)

by Arkansas Business Staff 1/9/2017 12:00 am

Parker was most recently executive vice president of preconstruction for Nabholz's central Arkansas offices. He will lead two specialty groups, Nabholz Environmental Services and Entegrity Energy Partners LLC.

Creek Capital Takes Over K Lofts Loan

by Arkansas Business Staff 1/9/2017 12:00 am

A new player has entered the financial fray at the dormant K Lofts development in downtown Little Rock.

Energy Sector In Arkansas Expects Shift Under Trump, Not Upheaval

by Kyle Massey 1/9/2017 12:00 am

An oil- and coal-friendly Trump administration is taking power in Washington, promising a real shake-up. Still, Arkansas energy observers caution against expecting a huge shift.

Renewable Trend in Energy May Be Beyond Trump's Grasp

by Kyle Massey 1/9/2017 12:00 am

Donald J. Trump won the presidency after a campaign largely negative to renewable sources like solar and wind power, but forces in favor of cleaner power could prove even bigger than The Donald.

U.S. Pizza Co. Welcomes 2017 With Growth

by Jan Cottingham 1/9/2017 12:00 am

U.S. Pizza, which officially became a franchising company last February, will open a location in Jonesboro this summer and see its first out-of-state location, a franchise in Texarkana, Texas.

The Sales Tax: Consumers Get It (Craig Douglass On Consumers)

by Craig Douglass 1/9/2017 12:00 am

If voters know exactly what a sales tax is for — a new jail or community center or fire station, an economic development incentive for a new factory, a local road project — the likelihood local voters will support the local tax is greatly increased.

Midtown Transaction Reaches $44 Million (Real Deals)

by George Waldon 1/9/2017 12:00 am

The five-building, 30-acre development at the northwest corner of Interstate 630 and University Avenue in Little Rock was sold to Little Rock Midtown Ltd., an affiliate of Provident Realty Advisors Inc. of Dallas.

Study: Voters Favor New Tax on Fuel Wholesalers for Highways

by Sarah Campbell 1/4/2017 03:14 pm

Arkansans prefer maintaining roads to building new ones, would favor a sales tax on fuel wholesalers and support making permanent the temporary one-half cent sales tax they approved in 2012, researchers said.

UA to Break Ground Monday on Pat Walker Center Expansion

by Arkansas Business Staff 1/4/2017 09:24 am

The University of Arkansas plans to expand the Pat Walker Health Center that opened in 2004 and will break ground on the project Monday.

Construction Spending Hits Highest Level in 10 Years

by Associated Press 1/3/2017 09:41 am

U.S. builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade.

U.S. Pizza to Open in Jonesboro

by Arkansas Business Staff 1/3/2017 09:40 am

U.S. Pizza Co. of Arkansas will open a new restaurant this summer in Jonesboro.

Conifex Timber Gets $130M to Restart El Dorado Sawmill

by Arkansas Business Staff 1/2/2017 08:00 am

Conifex Timber Inc. of Vancouver said this week that it received a $130 million secured revolving credit facility to fund the modernization and restart of its sawmill in El Dorado.

2016: The Year in Executive Q&A

by Gwen Moritz 1/2/2017 12:00 am

This week, for the third time, we offer a compilation that appeals to the universal interest in other people: all 50 of 2016's Executive Q&A features in the first issue of Arkansas Business for 2017.

Pay to Rise for Millions as 19 States Increase Minimum Wage

by Associated Press 12/30/2016 07:23 am

It will be a happy New Year indeed for millions of the lowest-paid U.S. workers. Nineteen states, including New York and California, will ring in the year with an increase in the minimum wage.

New Wood Technology May Offer Hope for Struggling Timber

by Associated Press 12/30/2016 07:19 am

Cross-laminated timber, or CLT, is made like it sounds: rafts of 2-by-4 beams aligned in perpendicular layers, then glued — or laminated — together like a giant sandwich.