Construction Archive

Springdale Dentist Office Sold for $2.1 Million (NWA Real Deals)

by Marty Cook 9/25/2017 12:00 am

A New Jersey investor paid slightly more than $2.1 million for Sunset Avenue Dental, a 4,912-SF building that was formerly a My Dentist office.

Stretch, Little Rock, Stretch (Natalie Ghidotti Commentary)

by Natalie Ghidotti 9/25/2017 12:00 am

I'm not so bold as to believe that Little Rock will be a top contender for Amazon, even though we are certainly worthy of consideration. It's only because Amazon was very specific about the needs for its next location — things we don't have right now. But I get Mayor Mark Stodola's reasoning. Dreaming big is important.

Arlington Hotel Owner Hires Cromwell Architects to Assess Property

by Lance Turner 9/21/2017 11:23 am

The new owner of the Arlington Resort Hotel & Spa in Hot Springs hires Cromwell Architects Engineers of Little Rock to assess the property in light of safety concerns raised by the City of Hot Springs.

Zips Car Wash Acquires 6th Location in Central Arkansas

by Arkansas Business Staff 9/20/2017 11:17 am

Zips Car Wash of Little Rock acquired its sixth facility in central Arkansas last week from Splash Car Wash.

Bank of the Ozarks Formally Announces New Headquarters

by Sarah Campbell-Miller 9/19/2017 02:09 pm

Bank of the Ozarks Inc. of Little Rock, which has been planning a new headquarters in west Little Rock, joined Gov. Asa Hutchinson and Little Rock Mayor Mark Stodola to formally announce those plans, including a timeline for construction and completion.

Report: County Commission in Kansas Rescinds $500M Pledge for Tyson Foods Plant

by Lance Turner 9/19/2017 01:24 pm

Tyson Foods' plans for a $320 million poultry processing plant in Tonganoxie, Kansas, have hit a snag.

Competing Net Metering Proposals Filed With PSC

by Kyle Massey 9/19/2017 11:46 am

Two subgroups of a panel formed to make recommendations on the future of solar energy development in Arkansas have presented competing proposals to the state PSC, which has been studying net metering.

Commercial Vacancy in Northwest Arkansas is Lowest Since 2004

by Sarah Campbell-Miller 9/19/2017 11:32 am

In northwest Arkansas, the commercial real estate market's vacancy rate for the first half of 2017 is the lowest it has been since the inception of Arvest Bank's Skyline Report in 2004.

Williams & Anderson, Allen Law Firm Announce Merger

by Gwen Moritz 9/19/2017 11:15 am

Allen Law Firm will merge with Williams & Anderson effective Oct. 1, the two Little Rock law firms announced Tuesday.

Amtran Site Sold in Conway; Saltgrass Steak House Sale Finalized

by Arkansas Business Staff 9/18/2017 12:00 am

An industrial project in Conway, a restaurant site in Little Rock, a royal eatery in North Little Rock and an agri property in Lonoke County join forces to form a quartet of million-dollar transactions.

Paths Vary In Keeping Retail Rent Flowing in Northwest Arkansas

by Marty Cook 9/18/2017 12:00 am

The commercial vacancy rates for the four main cities of the northwest Arkansas corridor range from Fayetteville's 5.6 percent to Springdale's 14 percent, sandwiching Rogers (10.5 percent) and Bentonville (12 percent).

Metroplan Shows Central Arkansas Housing Construction Trends

by Arkansas Business Staff 9/18/2017 12:00 am

Metroplan provides a long-term retrospective look at housing construction trends in the nine largest cities in central Arkansas.

New Arlington Hotel Ownership Arrives in Hot Springs with New Controversy

by George Waldon 9/18/2017 12:00 am

Aesthetic concerns at the Arlington Resort Hotel & Spa have escalated into public safety concerns and put its developer Al Rajabi on the clock.

Rajabi Leaves Texas Project After Dispute With City Officials

by George Waldon 9/18/2017 12:00 am

The prickly civic discourse directed by Al Rajabi toward Hot Springs city hall concerning his newly purchased Arlington Hotel isn't a first.

Hotels Proliferate in Hot Springs

by Sarah Campbell-Miller 9/18/2017 12:00 am

The Hot Springs hotel market has been steaming along for the last few years, and the city's convention and visitors bureau, Visit Hot Springs, expects that to continue as newcomers are drawn in by a revitalized downtown and thriving tourist attractions.

The Essentials of Life Now in One Hot Springs Spot

by Jan Cottingham 9/18/2017 12:00 am

After a decade of work and planning, Amy Thomas has realized her dream of opening a business in downtown Hot Springs — actually, three businesses: the Argentinian Coffee & Wine Bar; Oxy-Zen, what may be Arkansas' only oxygen bar; and Thai-Me Spa, a day spa.

Multifamily Trio Add Up to $21.9M Transaction (Real Deals)

by George Waldon 9/18/2017 12:00 am

Affiliates of Republic Funds of Toronto purchased the 258-unit Spanish Rock Apartments, the 224-unit Spanish Jon's project and the 120-unit Wilmington Apartments project.

Data Theft: Is Your Business Ready? (Aaron Gamewell Expert Advice)

by Aaron Gamewell 9/18/2017 12:00 am

Aaron Gamewell of SBS CyberSecurity offers his list of actions that every business should deploy to mitigate the risk of a data breach.

Marshall Saviers on What's Missing from Northwest Arkansas' Growth Experience

by Arkansas Business Staff 9/18/2017 12:00 am

Marshall Saviers is now president of Sage Partners, where he oversees brokerage operations for the company and helped facilitate the 2017 merger between Sage Partners, Hunt Ventures of Lowell and Capital Partners of Little Rock.

Katie Bruhl Named Parter at Allison + Partners (Movers & Shakers)

by Arkansas Business Staff 9/18/2017 12:00 am

Katie Bruhl has been promoted to partner in the Allison + Partners, a Little Rock architectural firm with offices in northwest Arkansas.

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