Construction Archive

US Home Sales Slowed in February After January Surge

by Associated Press 3/22/2017 11:17 am

Americans retreated from buying existing homes in February, a pullback after sales in January had surged to the fastest pace in a decade. But over the past 12 months, sales are up solidly.

K Lofts Construction Could Soon Be Completed

by Arkansas Business Staff 3/20/2017 12:00 am

Creek Capital Partners LLC, led by Fort Smith's Steve Creekmore Jr. family, is out of the picture at K Lofts in Little Rock.

Memory Care Facility Visited by $14M Sale (Real Deals)

by George Waldon 3/20/2017 12:00 am

The 74-bed assisted living center in west Little Rock was bought by an affiliate of Mainstreet Health Investments of Carmel, Indiana.

Central Arkansas Water CEO Tad Bohannon Keeps Ratepayers Tapped In

by Arkansas Business Staff 3/20/2017 12:00 am

After practicing law for more than 20 years, Tad Bohannon was unanimously appointed CEO of Central Arkansas Water in January 2016. CAW, the state's largest public drinking water system, has an annual operating and capital improvement budget exceeding $64 million.

Arkansas Tech Breaks Ground for $3.5M Sports Complex

by Arkansas Business Staff 3/16/2017 12:57 pm

Arkansas Tech University hosted a groundbreaking ceremony on Thursday for its new $3.5 million multi-sports complex on the university's Russellville campus.

In Win for Solar, PSC Allows Grandfathering for Net Metering Customers

by Kyle Massey 3/15/2017 11:50 am

In a significant decision for solar energy, Arkansans who now get credit on their utility bills for electricity they generate at their homes and businesses will be able to continue at current rates for 20 years.

Bid to Send Highway Plan to Arkansas Voters Fails in House

by Andrew DeMillo, The Associated Press 3/14/2017 03:45 pm

A bill to ask voters to approve a highway improvement plan that would be paid for by raising taxes on gas and diesel has failed in the Arkansas House.

Nominate by Friday for Arkansas Business 40 Under 40

by Arkansas Business Staff 3/14/2017 11:14 am

Arkansas Business is seeking nominations for its 40 Under 40 program, which recognizes 40 professionals under the age of 40 who excel in their profession and are leaving their mark on the Arkansas business and nonprofit community.

Cabot Knights Shopping Center Sold for $2.5 Million

by Arkansas Business Staff 3/13/2017 12:00 am

Retail space in Cabot, a cabinet plant in Jacksonville, a day care in Conway, a Dollar General in Austin (Lonoke County) and a big home in Little Rock form a five-piece of multimillion-dollar transactions.

New Loan in the Works for K Lofts

by Arkansas Business Staff 3/13/2017 12:00 am

A new loan from an Alabama lender for the long dormant K Lofts development in downtown Little Rock was supposed to close last week.

Disputed Contracts Place Procurement in Spotlight

by Kyle Massey 3/13/2017 12:00 am

Disputes over recent state contracts have put Republican lawmakers at odds with the Republican governor, angered potential vendors and muddied understanding on what businesses can expect from the process of awarding state work.

Bill Seeks to Change Procurement Process; Businesses Want to Understand It

by Kyle Massey 3/13/2017 12:00 am

Procurement laws are complicated, state Sen. Jimmy Hickey says, and he should know: He has helped rewrite them more than once.

Frugal Fort Smith Airport Looks Ahead

by Marty Cook 3/13/2017 12:00 am

Director John Parker of the Fort Smith Regional Airport is proud of its well-earned reputation for getting the most out of old equipment.

$8.3 Million Transaction Calls on Barrington Hills Apartments (Real Deals)

by George Waldon 3/13/2017 12:00 am

The 232-unit apartment project in west Little Rock was purchased by PR Barrington Hills LLC of Wellington, Florida.

Downtown Startup Space Among Conway Chamber's Priorities

by Sarah Campbell 3/10/2017 11:38 am

The Conway Area Chamber of Commerce said Thursday it will raise public and private money for seven "generation defining" projects, including a startup space that Conway Corp. has said it will pay for.

Skyline Report Shows Balanced NWA Real Estate Market

by Sarah Campbell 3/8/2017 11:06 am

In northwest Arkansas, supply kept pace with demand as residential building permits and new homes being occupied increased almost equally, according to Arvest Bank's Skyline Report.

Bill Targets Clean Line, Contrasting With Trump's Zeal for Infrastructure

by Kyle Massey 3/7/2017 09:30 am

Arkansas' congressional delegation backs a bill that would halt the $2 billion Clean Line project.

Socialism, $3-An-Acre Land And Teaching Farm Wives How To Brush Their Teeth

by Kyle Massey 3/6/2017 12:00 am

Though it lasted only a decade, the Dyess Colony gave hundreds of rural Arkansas families hope during the darkest days of the Depression.

NLR's Ridge Road Village Sold in $7 Million Deal

by Arkansas Business Staff 3/6/2017 12:00 am

A multifamily project in North Little Rock, apartment land, a restaurant and hotel land in west Little Rock and a Heights home in Little Rock form a five-piece of multimillion-dollar transactions in Pulaski County.

Lawsuit Alleges Companies Attempted To Break Egg Farmers

by Arkansas Business Staff 3/6/2017 12:00 am

An Oklahoma farmer of pasture-raised eggs has filed a lawsuit in district court in Adair County against two egg companies, including Arkansas Egg Co. of Summers (Washington County).

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