Construction Archive

Interstate 55 Bridge Could Temporarily Close

by Associated Press 10/10/2014 10:51 am

Transportation officials are considering whether to temporarily close the heavily-traveled Interstate 55 bridge connecting Tennessee and Arkansas during construction of a new interchange in Memphis.

Jane Chu: Main Street Revitalization Awakens a Cultural District

by Lee Hogan 10/7/2014 03:35 pm

Jane Chu, chairman of the National Endowment for the Arts, said the revitalization of downtown Little Rock's Main Street has awakened a cultural district.

A Decade After Welcoming Wind, States Reconsider

by Associated Press 10/6/2014 01:02 pm

A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners, especially in rural areas with few other economic prospects.

To Succeed, Liquor Stores Must Adapt

by Jan Cottingham 10/6/2014 12:00 am

Package stores face in an uncertain environment if voters in November approve the Arkansas Alcoholic Beverage Amendment.

Chuy's Buy Launches New Project in NLR (Real Deals)

by George Waldon 10/6/2014 12:00 am

A Chuy's restaurant project in North Little Rock was put in motion by a $1.14 million land deal. A 16,200-SF commercial project in North Little Rock is under new ownership after a $907,000 sale.

2 New Osteopathic Med Schools Hope to Fill Need

by Marty Cook 10/6/2014 12:00 am

Groundwork has already started on the Arkansas Colleges of Health Education in Fort Smith, which will include a 100,000-SF main building and several other buildings with an expected price tag of approximately $32 million. Arkansas State University at Jonesboro is building a College of Osteopathic Medicine with its partner, the New York Institute of Technology.

Employers Add 248K Jobs, Unemployment Rate at 5.9 Percent

by Associated Press 10/3/2014 12:03 pm

U.S. employers added 248,000 jobs last month, a burst of hiring that drove down the unemployment rate to 5.9 percent, the lowest since July 2008.

Housing Market Numbers Down in August

by Lee Hogan 10/2/2014 11:36 am

The housing market was down across the three major categories — homes sold, home valuations and average price — in August compared to a year ago, according to the Arkansas Realtors Association.

Marshals Museum Officials Working on Land Easement

by Associated Press 9/30/2014 03:09 pm

The people working to build a museum dedicated to U.S. Marshals are working with the Army Corps of Engineers on officially securing land on which the building will be constructed on.

Construction Technology Certificate to Help Provide Jobs at Big River Steel

by Lee Hogan 9/30/2014 02:49 pm

Four institutions in northeast Arkansas hope their planning will help people in the area land a job on the Big River Steel construction project.

Cole McCaskill on What's Central To Bringing More Tourists to Hot Springs

by Arkansas Business Staff 9/29/2014 12:00 am

Cole McCaskill is a Hot Springs native who recently stepped into the newly created position of downtown development director. His job is to manage the Hot Springs Metro Partnership's Strategic Plan for Downtown Development, which grew out of the February fire that destroyed the historic Majestic Hotel.

Bank Branch Trio Generates $3.45M Sale (Real Deals)

by George Waldon 9/29/2014 12:00 am

Three former Metropolitan National Bank branches combined for a $3.45 million transaction. A 3-acre parking lot in west Little Rock is under new ownership after a $1.7 million deal. And a 50-room motel in Jacksonville changed hands in a $1.2 million deal.

Developers Reimagine Conway's Oak Street

by Michelle Corbet 9/29/2014 12:00 am

Conway's downtown has traditionally ended where Oak Street intersects with bustling Harkrider Street, but city planners and commercial developers are attempting to push that historic envelope further to the east. Developers plan to link historic downtown Conway with additional options of dining, shopping and health care along Conway's reimagined vision for Oak Street.

Developments Old, New Suit Fort Smith

by Gwen Moritz 9/29/2014 12:00 am

Fort Smith is not only the site of the future U.S. Marshals Museum, but also nearly 1,000 new jobs (by 2021) and a new $30 million headquarters for ArcBest Corp. on the east side of town at Chaffee Crossing.

Otter Creek Mall Development Decades in the Making

by George Waldon 9/29/2014 12:00 am

Once upon a time, the current site of the Gateway Town Center and Bass Pro developments was slated to be part of a grand 1.1 million-SF regional mall development. The fabled Otter Creek Mall never achieved escape velocity from its drawing board concept unveiled on April Fool's Day in 1980.

Home Prices, Building Permits Down in Q2 for Most Arkansas MSAs

by Lee Hogan 9/24/2014 11:35 am

The residential market was down in Arkansas and across the country in the second quarter, according to the latest numbers from the Federal Reserve Bank of St. Louis' Burgundy Book.

'Jobs Now' Summit Examines Growing Skills Gap

by Mark Carter 9/24/2014 07:30 am

Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce.

Clean Harbors to Expand in El Dorado, Add 120 Jobs

by Arkansas Business Staff 9/23/2014 02:53 pm

Clean Harbors, an environmental, energy and industrial services provider, says it will invest $100 million to expand its operation in El Dorado.

Arkansas Business Presents 2014's 'The New Influentials: 20 In Their 20s'

by Gwen Moritz 9/22/2014 12:00 am

Since 2009 Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce in a feature called The New Influentials: 20 in Their 20s.

Hot Springs' Citizens Building Eyed for New Development

by Arkansas Business Staff 9/22/2014 12:00 am

Fayetteville attorney Robert Depper and LSC Hotel Restaurant Management Co. of El Dorado have formed Let Us Revive Hot Springs Downtown LLC, with hopes of renovating one of the city's historic downtown buildings into a boutique hotel.