Construction Archive

Big River Steel's John Correnti on Government's Role in Private-Sector Projects? 'Stay Out'

by Arkansas Business Staff 7/28/2014 12:00 am

John Correnti, chairman and CEO of Big River Steel LLC, has more than 40 years of experience in the steel industry. Big River Steel, a $1.3 billion project, is being built in Mississippi County near Osceola. It's expected to employ more than 525 workers with average yearly compensation of $75,000.

Brandon Barber Should Serve About 20 Years, Feds Say

by Arkansas Business Staff 7/25/2014 08:52 am

Brandon Barber's day of reckoning approaches — he's scheduled for sentencing in Fort Smith on Aug. 13 — and federal prosecutors think the bankrupt northwest Arkansas real estate developer should spend a very, very long time in prison.

Maverick Transportation Opens $4M Driving Training Center

by Marty Cook 7/24/2014 02:22 pm

Arkansas Gov. Mike Beebe was on hand as Maverick Transportation LLC of North Little Rock opened its $4 million driver training center on Thursday.

Deltic Timber 2Q Net Down Against One-Time Gains

by Arkansas Business Staff 7/23/2014 04:52 pm

Deltic Timber Corp. of El Dorado reports second-quarter net income of $5.3 million or 42 cents per share, down 53 percent from the same time last year.

Junior League Starts Work on Nonprofit Center

by Lee Hogan 7/23/2014 08:30 am

The Junior League has started work on a nonprofit center that it hopes will help several up-and-coming nonprofits. The center is set to open in February.

Fort Smith Stays on Top of Arkansas Tech Business Index

by Lee Hogan 7/21/2014 09:42 am

For the second consecutive month, Fort Smith had the highest ATBI value in April. The city saw a decrease of 1.6 points between March and April, however, its 106.99 rating was good enough to best its closest competitors.

Wal-Mart Execs Naturally Dominate List of Executive Compensation

by Gwen Moritz 7/21/2014 12:00 am

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon.

Proposal Would Raise Arkansas' Minimum Wage Rate

by Arkansas Business Staff 7/21/2014 12:00 am

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly.

Lessons Learned (Editorial)

by Arkansas Business Editors 7/21/2014 12:00 am

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints).

Ashley Group Could Bring New Life to Pleasant Crossing in Rogers

by Arkansas Business Staff 7/21/2014 12:00 am

The Ashley Group of North Little Rock, one of the largest commercial property managers in the state, is looking to buy a mostly undeveloped 30.5-acre piece of the Pleasant Crossing development in Rogers.

Promenade at Chenal Parcel Purchased by Indiana Developer

by Arkansas Business Staff 7/21/2014 12:00 am

A new outparcel development at The Promenade at Chenal in west Little Rock was purchased by an Indiana thrift for $1 million.

Chuy's Ringing Up Former Saturn Property in NLR

by Arkansas Business Staff 7/14/2014 12:00 am

Chuy's, the popular Tex-Mex chain, is on its way to North Little Rock. With 27 locations open and more on the way, it will be setting up shop at 5105 Warden Road.

UCA Gauging Retail Interest in Mixed-Use Development

by Lee Hogan 7/10/2014 11:04 am

The University of Central Arkansas is starting to look into the interest levels businesses may have in being a part of the first phase of the university's renovation of Donaghey Avenue.

New Shops Coming to The Promenade at Chenal in Little Rock

by Lee Hogan 7/9/2014 09:51 am

A new 8,000-SF building, set to house four new shops, is now under construction at The Promenade at Chenal in Little Rock. The multi-tenant building is set to be completed in the fall.

Prosecutors Plan Appeal in Case of Brandon Barber's Attorney, K. Vaughn Knight

by Gwen Moritz 7/8/2014 04:56 pm

Conner Eldridge, U.S. Attorney for the Western District of Arkansas, and First Assistant U.S. Attorney Wendy L. Johnson filed notice that they will appeal U.S. District Judge P.K. Holmes' decision to throw out a jury's conviction of Knight on eight felony charges.

Construction Starts on South Main District Apartment Complex

by Arkansas Business Staff 7/8/2014 11:29 am

Construction started recently on the South Village Apartments at Quapaw in the South Main District in downtown Little Rock. The complex will feature 16 one- and two-bedroom apartments. It's set to open in early 2015.

Baptist Health Breaks Ground on Conway Hospital

by Lee Hogan 7/7/2014 02:50 pm

Baptist Health of Little Rock broke ground Monday on a 216,000-SF, 96-bed hospital in Conway. The facility is expected to open in 2016. The entire project is estimated to cost about $130 million. The hospital is expected to open in 2016 and employ about 425 workers.

The Legal Pitfalls of LEED (J. Cliff McKinney II Expert Advice)

by J. Cliff McKinney II 7/7/2014 12:00 am

I am a major supporter of the LEED rating system and truly believe it is the best way to verify that a building is environmentally friendly. However, as with nearly anything, there are legal pitfalls that participants in the LEED rating system may not be aware of.

Little Rock Zone MSAs See Modest Growth

by Arkansas Business Staff 7/7/2014 12:00 am

Employment grew modestly in the first quarter of 2014 in the Little Rock zone, according to the Federal Reserve Bank of St. Louis. The Little Rock zone includes all of Arkansas except the northeast.

‘Never Let a Crisis Go to Waste' (Jim Fram Commentary)

by Jim Fram 7/7/2014 12:00 am

The Greater Hot Springs Chamber of Commerce and the Hot Springs Metro Partnership recognized after the Majestic Hotel fire that they should embrace the adage to "never let a crisis go to waste," commissioning the Downtown Game Plan Task Force to study all aspects of downtown development.