Construction Archive

Arkansas Children's Hospital Announces Plans for Hospital in Springdale

by Mark Friedman 8/7/2015 08:01 pm

Arkansas Children's Hospital announced Friday that it is building an approximately $100 million children's hospital in Springdale that is projected to be open in early 2018.

Hays Buys Coca-Cola Plant in Jonesboro, Eyes November Open

by Alexis Hosticka 8/5/2015 09:48 am

Empty and on the market since 2008, the Coca-Cola bottling plant at the intersection of South Caraway Road and Highland Drive in Jonesboro is getting new life as a 55,000-SF Hays Clothing store set to open in November.

Some Hiccups, But Development Continues Along Main Street in Little Rock

by Alexis Hosticka 8/4/2015 03:26 pm

About $100 million in new development is unfolding along Little Rock's Main Street as developers bet on an influx of jobs and residents, according to an estimate by Moses Tucker Real Estate of Little Rock.

US Construction Spending Sees Slight Rise in June

by Associated Press 8/3/2015 10:59 am

U.S. construction spending increased in June by the smallest amount in five months as a big drop in nonresidential building activity offset a third straight increase in home building.

More Condemnation Cases Flow from Diamond Pipeline

by Arkansas Business Staff 8/3/2015 12:00 am

The condemnation cases tied to the $900 million Diamond Pipeline project continue to pile up.

Timeline: Scott Reed's Development Doings in Little Rock

by George Waldon 8/3/2015 12:00 am

A year-by-year look at Oregon developer Scott Reed's involvement in Main Street projects in Little Rock.

Lawsuit, Liens Hit Scott Reed's Main Street Projects

by George Waldon 8/3/2015 12:00 am

Contractors have more than $1.5 million in claims for unpaid work on two unfinished Main Street redevelopments in downtown Little Rock. The liens and lawsuit add to a track record of overreaching, underfinanced, subsidy-supported development in the city.

What $100 Means in Arkansas: A State-by-State Analysis

by Arkansas Business Staff 8/3/2015 12:00 am

The Tax Foundation, a nonprofit that studies tax policy, last month published a map showing the real value of $100 in each state in the country.

New Opportunity for Contractors (Vic Lance Commentary)

by Vic Lance 8/3/2015 12:00 am

Arkansas Act 1275 of 2015, the Local Government Energy Efficiency Project Bond Act, allows municipalities and counties to take part in guaranteed energy cost savings contracts. These local governmental entities can seek to reduce energy consumption or operating costs of government facilities by using the services of qualified providers. The length of a contract can be up to 20 years after the implementation of a project.

US Economy Posts Solid 2.3 Percent Growth Rate in 2Q

by Associated Press 7/30/2015 07:48 am

After a harsh winter, the U.S. economy posted a solid rebound in the April-June quarter, led by a surge in consumer spending and a recovery in foreign trade.

American Railcar to Invest $10.5M, Add 75 Jobs in Marmaduke

by Alexis Hosticka 7/29/2015 04:01 pm

American Railcar Industries Inc., a designer and manufacturer of hopper and tank railcars, is expanding its tank railcar manufacturing facility in Marmaduke.

Video: Here's How I-30 Would Look After Widening

by Arkansas Business Staff 7/29/2015 10:28 am

The project has been branded the "30 Crossing" and would entail replacing the bridge over the Arkansas River and widening the stretch of I-30 from the Interstate 530 junction in southeast Little Rock to the Highway 67 junction in North Little Rock.

ABTI Report: NWA Leads; Home Prices Drag Down Little Rock in May

by Alexis Hosticka 7/29/2015 10:18 am

May was a good month for the northwest Arkansas economy, according to the latest data from the Arkansas Tech Business Index.

Arkansas Highway Commission Approves Bid for Interchanges

by Alexis Hosticka 7/28/2015 10:35 am

The Arkansas State Highway Commission has approved a $1.8 million bid for improvements to 25 interchanges on several highways in seven counties.

Zero Mountain Plans Expansion at Fort Smith Headquarters

by Mark Carter 7/28/2015 10:06 am

Zero Mountain Inc., which provides cold and dry storage warehousing, is planning a $14 million, 90,000-SF expansion and has acquired a 206,000-SF warehouse adjacent to its headquarters on Highway 45 South.

Jonesboro Building $1.2M Roundabout

by Mark Friedman 7/27/2015 12:00 am

The bid for the project was opened last week, and it appeared Seagraves Construction Inc. of Maynard was the low bidder with a $1.2 million bid, according to Arkansas State Highway & Transportation Department spokesman Danny Straessle.

Bentonville Developer Gets His Land at Hall Crossing (NWA Real Deals)

by Marty Cook 7/27/2015 12:00 am

Jason Pullman, through his Refined Retail LLC, paid slightly more than $1.2 million for a 1.9-acre lot in front of the Walmart Supercenter at Hall Crossing on Elm Springs Road in Springdale. Bear State Bank of Rogers assisted the purchase — and presumably the construction that will soon start — with a loan of $2.65 million.

9/11 Placed Marketer Margie Raimondo On New Path

by Jan Cottingham 7/27/2015 12:00 am

The ticket for 9/11's Flight 93 resides in Margie Raimondo's safe-deposit box, a tangible reminder that life is uncertain and you better make it count.

Ronald McDonald Breaks Ground on $8.5M House

by Alexis Hosticka 7/21/2015 10:36 am

With $7.5 million raised and $1 million to go, Ronald McDonald House Charities of Arkansas broke ground on a new, 35,000 SF house on Tuesday morning at the entrance of Arkansas Children's Hospital.

Update: Million-Dollar Dream Home in Hillcrest Focus of Lawsuit

by Mark Friedman 7/20/2015 12:00 am

The perfect home became a nightmare for Dr. Joel Dworkin when he discovered his $1.25 million manor in Little Rock's Hillcrest neighborhood had leaky windows and other issues that would cost more than $300,000 to repair.