Construction Archive

Arkansas Baptist's Fitz Hill Sees Education, Urban Revitalization and Investments Intertwined

by Arkansas Business Staff 3/23/2015 12:00 am

Dr. Fitz Hill, who was born and raised in Arkadelphia, was named president of Arkansas Baptist College in 2006. He talks to Arkansas Business about his vision for education and urban renewal.

$6 Million Transaction Visits LR Airport Hotel (Real Deals)

by George Waldon 3/23/2015 12:00 am

A 201-room hotel and adjoining restaurant in east Little Rock tipped the scales at $6 million. Two Walgreens were sold for a combined $10.7 million. And the Village Shopping Center in Little Rock rang up a $3.04 million sale.

200 Laid Off at M&M Environmental Following Truck Crash

by Sean Beherec 3/20/2015 02:49 pm

The company announced 200 workers were laid off following a crash in Faulkner County.

Arkansas Unemployment Rate Falls to 5.6 Percent in January

by Arkansas Business Staff 3/17/2015 10:17 am

The state's unemployment rate fell to 5.6 percent to January from December, and is a full percentage point below what it was the same time last year.

Downtown Residence Inn Draws $17.5 Million Sale (Real Deals)

by George Waldon 3/16/2015 12:00 am

Ownership of a 107-room hotel in downtown Little Rock shifted in a transaction valued at $17.5 million. The sale of a west Little Rock auto dealership weighed in at $6.4 million.

Nursing Home King Michael Morton Expanding His Empire

by Mark Friedman 3/16/2015 12:00 am

Even though Michael Morton has been hit by shrapnel from former Faulkner County Circuit Judge Michael Maggio's bribery scandal, the Fort Smith nursing home magnate is pushing forward with plans to expand his empire.

Expecting More Work, Crafton Tull Hires 2 in Rogers

by Marty Cook 3/13/2015 02:52 pm

Crafton Tull of Rogers, one of the largest engineering firms in the state, has hired two project managers for its Rogers' office.

Haag Brown to Develop New Retail Site in Searcy, Will Include Starbucks

by Arkansas Business Staff 3/12/2015 01:29 pm

Haag Brown Development of Jonesboro announced plans Thursday for a new retail project that will include a Starbucks and Arkansas Braces at the corner of East Race and rand Drive in Searcy.

Arkansas River Resource Center Receives LEED Certification

by Arkansas Business Staff 3/9/2015 03:27 pm

The Little Rock Port Authority's Arkansas River Resource Center has been awarded LEED certification, the authority announced Monday.

MedExpress on Fast Track To Open More Locations

by Arkansas Business Staff 3/9/2015 12:00 am

It looks like the urgent care chain MedExpress of Canonsburg, Pennsylvania, isn't slowing down its march across Arkansas.

Baldwin & Shell Appoints Mica Strother as New VP

by Arkansas Business Staff 3/9/2015 12:00 am

Mica Strother has joined Baldwin & Shell Construction Co. in Little Rock as vice president of marketing and business development. Strother will implement a new sales and marketing program that will help position Baldwin & Shell as the company expands into new markets.

Arkansas Blue Cross Blue Shield Promotes Two (Movers & Shakers)

by Arkansas Business Staff 3/9/2015 12:00 am

Dan Stevens has been named director of provider network operations with Arkansas Blue Cross & Blue Shield in Little Rock and Joy Evans has been named director of internal operations training.

Walton Family Awards $5M Challenge Grant for Walton Art Center Project

by Arkansas Business Staff 3/4/2015 12:08 pm

The Walton Family Foundation has awarded a $5 million challenge grant in support of a capital campaign to add 30,000-SF of space to the Walton Arts Center in Fayetteville.

Tuckerman Couple Give $650K to Stadium Project at A-State

by Lance Turner 3/3/2015 02:29 pm

Arkansas State University is using more than $650,000 of an almost $1 million estate gift to help finance construction of new club and suite-level seating at Centennial Bank Stadium in Jonesboro.

Tysons Give $5M to UA System Agriculture Division

by Marty Cook 3/2/2015 11:20 am

The Tyson family and Tyson Foods Inc. of Springdale donated $5 million to the University of Arkansas System Division of Agriculture.

Nine Billionaires with Arkansas Ties Make Forbes 500 List

by Mark Carter 3/2/2015 10:33 am

Nine billionaires with Arkansas ties find themselves on the most recent Forbes 500 list of the world's richest people, released this week.

Pyramid Transaction Adds Up to $2.9M (Real Deals)

by George Waldon 3/2/2015 12:00 am

A 17,192-SF commercial project in west Little Rock weighed in at $2.9 million. More than 168 acres near Maumelle are under new ownership after a $1.2 million foreclosure sale. And an 11.5-acre apartment tract in west Little Rock changed hands in a $1.1 million deal.

Central Arkansas Industrial Vacancy Rate Slips

by Arkansas Business Staff 3/2/2015 12:00 am

The vacancy rate for industrial space in central Arkansas fell slightly in fourth-quarter 2014, slipping to 11.6 percent compared with 11.7 percent in the third quarter and 11.8 percent in fourth-quarter 2013.

Compass Pointe Plans To Purchase Woodland Heights

by Arkansas Business Staff 3/2/2015 12:00 am

Compass Pointe Healthcare Systems of Baltimore has struck a deal to buy the 142-unit independent living center from the Arkansas Teacher Retirement System.

Del Frisco's Grille To Take Front and Center Position at Promenade

by Arkansas Business Staff 3/2/2015 12:00 am

Perhaps you heard that Del Frisco's Grille is coming to The Promenade at Chenal in what will be its first Arkansas location. But where will Del Frisco's Restaurant Group set up shop at the 37.8-acre west Little Rock development?