Construction Archive

J. Kelly Robbins Hired as EVP at State Chapter of Contractors Association (Movers & Shakers)

by Arkansas Business Staff 5/23/2016 12:00 am

J. Kelly Robbins has been named the executive vice president of the Arkansas Chapter of the Associated General Contractors of America, based in Little Rock.

Powers of Arkansas Promotes Pair (Movers & Shakers)

by Arkansas Business Staff 5/23/2016 12:00 am

Scott Smith and Chase Ransom have been promoted to new positions with Powers of Arkansas, a North Little Rock HVAC contractor.

Arkansas Employment at Record High, Unemployment at 3.9 Percent

by Arkansas Business Staff 5/20/2016 09:30 am

Arkansas' seasonally adjusted unemployment rate declined two-tenths of a percentage point, from 4.1 percent in March to 3.9 percent in April, according to the state Department of Workforce Services.

J.B. Hunt Gives $5M to Arkansas Children's Northwest

by Mark Friedman 5/19/2016 10:23 am

J.B. Hunt Transport Services of Lowell announces a $5 million donation to Arkansas Children's Hospital's northwest Arkansas hospital, now under construction in Springdale.

Inside New Overtime Regulations, Traps to Avoid, How to Prepare (Stuart Jackson Commentary)

by Stuart Jackson 5/18/2016 01:22 pm

The U.S. Department of Labor published the final rule updating overtime regulations under the Fair Labor Standards Act. More than 50,000 employees and their employers in Arkansas will be affected. Here's how to prepare.

US Marshals Museum Announces CDI Contractors as Consultant

by Alexis Hosticka 5/18/2016 11:43 am

The U.S. Marshals Museum today announced it has named CDI Contractors of Little Rock as the construction consultant for its 50,000-SF facility and is working to complete the building's schematic architectural design.

Arkansas Consumer Sentiment Continues to Climb

by Arkansas Business Staff 5/18/2016 09:36 am

The current consumer sentiment index for Arkansas is 84.9, up from 77.8 in September, according to the spring 2016 Arvest Consumer Sentiment Survey, released Tuesday.

Real Estate, Infrastructure Continue Growth, Improvement in Conway

by Alexis Hosticka 5/17/2016 04:43 pm

Millions of dollars have been invested in improving Conway infrastructure and adding retail destinations to the growing city and, according to panelists at the first Outlook Conway conference on Tuesday, the development isn't slowing.

US Builders Increase Home Construction in April

by Associated Press 5/17/2016 11:33 am

Builders ramped up construction of new homes in April, suggesting that the market remains solid despite sluggish economic growth at the beginning of the year.

Developers Propose Apartments for Donaghey Building

by Alexis Hosticka 5/16/2016 10:10 am

The Donaghey Building at Seventh and Main streets in Little Rock is on the agenda for the city board of directors meeting on Tuesday, with an applicant seeking to rezone the site to a multi-use development.

Session Sets Stage for Later Fight on Road Funding (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 5/16/2016 07:06 am

No matter what happens when Arkansas lawmakers meet this week to take up the governor's highway funding plan, one thing is clear: This won't be the end of the debate over how to pay for the state's road needs.

Developer Brandon Woodrome Accused of $6 Million Loan Fraud

by Arkansas Business Staff 5/16/2016 12:00 am

Rioux Capital of Austin, Texas, charges northwest Arkansas developer Brandon Woodrome with committing fraud.

Main Street Lofts Asks for Clarification in Arbitration

by Arkansas Business Staff 5/16/2016 12:00 am

Before a general contractor's foreclosure action begins, Main Street Lofts LLC and Main Street South LLC asked an arbitrator to split the $896,756 award for unpaid work between properties.

No Charge From Nabholz for Insurance Department Building Budget

by Arkansas Business Staff 5/16/2016 12:00 am

Arkansas Insurance Department spokesman Ryan James said the department asked Nabholz to run some numbers “for informational purposes.” No bids or proposals were sought and no payment made for the one-page estimate dated April 25.

Suit Challenges Rule on Anti-Union Activities

by Gwen Moritz 5/16/2016 12:00 am

Little Rock was a magnet for representatives from law firms around the country last week when U.S. District Judge Kristine Baker heard arguments in the first federal lawsuit attempting to stop the Obama administration's new “persuader rule” concerning anti-union activities.

Presidential Hotel Hosts $8.5M Sale (Real Deals)

by George Waldon 5/16/2016 12:00 am

LR HI Associates LLC, an affiliate of Centura Capital of Conshohocken, Pennsylvania, bought the Holiday Inn-Presidential at 600 Interstate 30. The seller is HI Presidential LLC, led by Larry Carpenter.

Little Rock Wastewater CEO Greg Ramon: Pipe Dreams Won't Require Money Going Down the Drain

by Arkansas Business Staff 5/16/2016 12:00 am

Greg Ramon, who has 26 years of experience in the water and wastewater sector, replaced Reggie Corbitt, who was fired as LRW CEO in January 2014 over what police described as “questionable expenditures.”

Tech Park Board Told FinTech Startups Will be Named Monday

by Sarah Campbell 5/12/2016 11:52 am

The Little Rock Technology Park Authority Board on Wednesday was told the first phase of the development, which includes work on 415 and 417 Main St., is on time and going smoothly.

New Bankruptcy Filing Shows Deeper Debts for Phil Herrington

by Arkansas Business Staff 5/9/2016 12:00 am

In the recently released, more detailed filing, Phil Herrington listed debts of $13.45 million and assets of $5.06 million. When he initially filed for Chapter 11 in March, the real estate developer listed his estimated debts at between $1 million and $10 million.

St. John's Apartments Sells for $3.2 Million (Real Deals)

by George Waldon 5/9/2016 12:00 am

Originally led by David Henry, St. J Apartments Ltd. bought Westgate Apartments at 5001 W. 65th St. for $2 million in April 2007 and rechristened the project St. John's.