Construction Archive

Central Arkansas Industrial Space Vacancy Rate Falls

by Arkansas Business Staff 9/19/2016 12:00 am

The vacancy rate in the industrial real estate market in central Arkansas continued its decline in the second quarter of 2016, falling to 10.1 percent compared with 11.7 percent a year ago.

Batesville Impact Plan Living Up to Its Name

by Gwen Moritz 9/19/2016 12:00 am

Fresh eyes, strategic planning, youthful energy and cold, hard cash are shaking up Batesville, a college town on the jagged edge of the Ozarks that is burdened with many of the same challenges as the Delta that's just minutes away.

Education a Cornerstone of Batesville's Strategic Plan

by Gwen Moritz 9/19/2016 12:00 am

Making sure the children of Independence County have the educational opportunities necessary to escape poverty is a cornerstone of the Impact strategic plan that Baldwin worked on when he was chairman of the Batesville Area Chamber of Commerce.

Millennials Drive Boom in Arkansas Apartment Market

by George Waldon 9/19/2016 12:00 am

When it comes to shelter, the millennial generation has established a reputation for its lingering embrace of apartments over homeownership. The market impact of the 18-34 age group is helping drive occupancy rates higher, to the delight of landlords.

Towne Oaks Duo Draws $10 Million Transaction (Real Deals)

by George Waldon 9/19/2016 12:00 am

An affiliate of the AndMark real estate investment firm of Los Angeles bought the 152-unit Towne Oaks Apartments at 9300 Treasure Hill Road and the 64-unit Towne Oaks Village Apartments at 9600 Southedge Drive.

New $25M Baptist Memorial Hospital In West Memphis To Open in 2018

by Mark Friedman 9/19/2016 12:00 am

Baptist Memorial Health Care of Memphis expects its approximately $25 million hospital in Crittenden County to open sometime in the first half of 2018.

Developer Chris Moses Discloses The Pros of Working With His Family

by Arkansas Business Staff 9/19/2016 12:00 am

In July 2013, Chris Moses became president and CEO of Moses Tucker Real Estate, founded by his father, Jimmy.

Keller's Convention Center in Jonesboro to Double in Size

by Associated Press 9/16/2016 12:24 pm

Developers have decided to nearly double the size of a convention center to be constructed in Jonesboro.

Nucor Steel Plans $230M Expansion in Blytheville, 100 New Jobs

by Associated Press 9/16/2016 12:21 pm

Nucor Steel Arkansas is planning a $230 million expansion at its facility in Blytheville. The Blytheville City Council will consider a property tax incentive next week for the project, which officials say will add about 100 jobs in the area.

Frito-Lay Seeks Up to $150M in Bonds for Jonesboro Plant Expansion

by Sarah Campbell 9/16/2016 11:45 am

Frito-Lay of Texas has asked the city of Jonesboro to issue industrial development revenue bonds not to exceed $150 million for another expansion of its facility at 2810 Quality Way.

New Owners Plan Renovations to Fayetteville's EJ Ball Building

by Alexis Hosticka 9/16/2016 10:04 am

Specialized Real Estate Group of Fayetteville and Moses Tucker Real Estate of Little Rock has purchased the E.J. Ball Building in Fayetteville and plans renovations.

Structural Work, Other Items Add $360K to Tech Park Cost

by Sarah Campbell 9/15/2016 10:19 am

Renovations to the future home of the Little Rock Tech Park could cost nearly $360,000 more than expected and its opening may be delayed, the park's director says.

Arkansas State University Road Project Delayed

by Associated Press 9/12/2016 09:23 am

Arkansas State University has delayed its plan to construct a side road to provide an alternate way to get across campus because of high bids.

Bono Landmark Bridge Might Soon Be Replaced

by Jeff Bricker, The Jonesboro Sun 9/12/2016 06:54 am

A lost landmark that was significant to residents because of both practicality and heritage may soon be replaced.

Meet 20 In Their 20s: The New Influentials Class of 2016

by Gwen Moritz 9/12/2016 12:00 am

Twenty of Arkansas' young leaders show the energy and ambition and adventurous spirit that is obvious in our state's business legends, even decades after they were in their 20s. We're proud to introduce these New Influentials and to consider all the potential they offer our state in the decades to come.

UA System Board Gives Final OK to $160M Stadium Expansion

by Lance Turner 9/8/2016 11:44 am

The University of Arkansas System board of trustees on Thursday gave final approval to a $160 million expansion of Donald W. Reynolds Razorback Stadium in Fayetteville.

First National Bank to Expand Branch in Jonesboro

by Arkansas Business Staff 9/6/2016 11:05 am

First National Bank of Paragould on announces the start of construction on an expansion to its branch at 3500 E. Johnson Ave. in Jonesboro.

Cedar Creek Sells NLR Property for $2.2M

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

This week, we offer you a trio of million-dollar transactions in Pulaski County: An office-warehouse in North Little Rock, a Little Rock home and farmland near Scott.

Slideshow: 9 Inductees Honored at Arkansas Women's Hall of Fame

by Gwen Moritz 9/5/2016 12:00 am

Eight women and a congregation of Catholic nuns were the second class of inductees honored by the Arkansas Women's Hall of Fame at a banquet in Little Rock on Aug. 25.

New Stoby's Inching Along in Conway

by Jan Cottingham 9/5/2016 12:00 am

A rebuilt Stoby's is still at least seven months away, owner David Stobaugh said last week. “We're looking at early spring” before the landmark Conway restaurant can be up and running again.