Construction Archive

Census Shows Details of 2013 New Housing

by Arkansas Business Staff 9/22/2014 12:00 am

Highlights of the U.S. Census Bureau's annual report of the 569,000 single-family homes completed in 2013.

Charley Penix on Architecture Shaping the Future of Arkansas

by Arkansas Business Staff 9/22/2014 12:00 am

Charley Penix became CEO of Cromwell Architects Engineers Inc., the state's largest architecture firm and second-largest engineering firm, in 2009.

Highway Commission Chooses Massman Construction for Broadway Bridge Project

by Arkansas Business Staff 9/19/2014 03:54 pm

Arkansas Highway Commission accepts the $98.4 million bid from Massman Construction Co. of Kansas City, Missouri, to replace the Broadway Bridge over the Arkansas River between Little Rock and North Little Rock.

UCA Moves Forward with Feasibility Study on Mixed-Use Development

by Lee Hogan 9/19/2014 10:42 am

The University of Central Arkansas moved a step closer to putting a mixed-use building on campus after its board of trustees on approved a feasibility study for issuing bonds for a proposed 67,500-SF center at the corner of Donaghey Avenue and Bruce Street.

Arkansas Tech to Offer MSBA Degree Online

by Arkansas Business Staff 9/18/2014 03:34 pm

Beginning with summer classes in 2015, Arkansas Tech University's Master of Science in Business Administration will be offered fully online after its board of trustees on Thursday approved the method.

U.S. Marshals Museum Gets $5M Pledge

by Lance Turner 9/18/2014 11:34 am

The U.S. Marshals Museum, set to break ground Wednesday in Fort Smith, received a $5 million pledge from an anonymous donor, museum leaders said Thursday.

CHI St. Vincent to Expand WLR Campus

by Mark Carter 9/17/2014 03:28 pm

The facility will be located next to CHI St. Vincent's outpatient, ambulatory care facility on the 37-acre campus. Building completion is scheduled for summer 2015. Current services at CHI St. Vincent West include primary care, urgent care, geriatric and sleep services.

Governor's Quality Awards Go to 28 Arkansas Organizations

by Arkansas Business Staff 9/16/2014 08:28 am

The 20th annual event was held at the Marriott Hotel in downtown Little Rock before an audience of more than 400 business and civic leaders. In addition to recognizing the winers, 16 past awards recipients were recognized.

Dr. Dean Kumpuris To Receive Vision Award from World Services for the Blind

by Arkansas Business Staff 9/15/2014 12:00 am

Dr. Dean Kumpuris of Little Rock is being recognized for his support of various downtown development projects by the World Services for the Blind Foundation.

East-Harding Makes Kathy Robinson New CFO (Movers & Shakers)

by Arkansas Business Staff 9/15/2014 12:00 am

Kathy Robinson has been promoted to chief financial officer for East-Harding Construction of Little Rock. She was formerly controller and has worked for East-Harding for more than 10 years.

Fort Smith Leads ATBI in Second Quarter of 2014

by Lee Hogan 9/11/2014 10:13 am

For the second quarter of 2014, Fort Smith remained the leading city on the Arkansas Tech Business Index.

Hugg & Hall Forms Company to Offer Storm Shelters

by Lee Hogan 9/10/2014 11:15 am

In the aftermath of multiple tornadoes that have ravaged the state, Hugg & Hall Mobile Storage of Little Rock has started a new company, Stormbox, that will construct storm shelters from shipping containers.

Lawsuit Sheds Light on Leaky Properties in Hot Springs

by Arkansas Business Staff 9/8/2014 12:00 am

RichRich Properties LLC of Maumelle bought two commercial properties in Hot Springs in February only to discover that they were money pits.

Clinton National Airport Tackles Renovation, Monitors Southwest Airlines

by Jan Cottingham 9/8/2014 12:00 am

Southwest Airlines of Dallas, responsible for almost a third of enplanements at Clinton National Airport, is counting the hours to the expiration of the Wright Amendment, which has limited its flights. Airport Executive Director Ron Mathieu is paying attention.

Arvest Skyline Report: NWA Commercial Vacancy Rates Down, Multifamily Rates Up

by Lee Hogan 9/4/2014 10:55 am

Vacancy rates during the first six months of 2014 in the northwest Arkansas commercial real estate market were down nearly 1 percent from a year ago, while multifamily vacancy rates were up more than 2 percent, according to the Skyline Report from Arvest Bank.

Voting Underway in Conway Bond Rededication Special Election

by Lee Hogan 9/4/2014 07:21 am

Early voting in a Sept. 9 special election is underway in Conway, with voters considering whether to rededicate a 1/8-cent sales tax for various road projects, including two tied to a large retail development.

Metro Builders Property Weighs In at $3.8 Million (Real Deals)

by George Waldon 9/1/2014 12:00 am

A commercial project in North Little Rock shifted ownership in a $3.8 million transaction. Dozens of lots in North Little Rock's Villages of San Luis residential development were sold in combined transactions totaling $1.56 million. And a 17,234-SF nonprofit facility in midtown Little Rock tipped the scales at $1.35 million.

Central Arkansas Retail Space Vacancy Rate Stays Stable

by Arkansas Business Staff 9/1/2014 12:00 am

The vacancy rate for commercial retail space in central Arkansas stood at 5.3 percent in second-quarter 2014, compared with the first-quarter rate of 5.2 percent and the year-earlier rate of 6 percent.

Labor Force Down Across State, Five Metro Areas in July

by Lee Hogan 8/27/2014 10:13 am

While the number of unemployed workers and the unemployment rate in Arkansas and its six metropolitan areas was lower in July than a year ago, the labor force was also down in Arkansas and in five metropolitan areas.

Johnny Allison Donates $5M to Arkansas State Athletics Department

by Lee Hogan 8/26/2014 04:06 pm

Johnny Allison, chairman of Home BancShares Inc. of Conway and an Arkansas State University alumnus, made the largest personal gift commitment in the A-State athletics department's history: $5 million.