Construction Archive

Utah Firm Pays $1.9M For NLR Apartments (Real Deals)

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

A 120-unit apartment project in North Little Rock changed hands in a $1.9 million transaction. PC Wilmington LLC of Provo, Utah, acquired the Wilmington Apartments complex at 617 Donovan Briley Blvd. from Wilmington Apartments Ltd. of Gardena, California.

Nucor, Big River Steel Renew Battle Over New Mill Permit

by Kelly P. Kissel, The Associated Press 11/30/2014 08:39 am

A company that received a state permit to build a new steel mill in eastern Arkansas said Friday that a federal judge should block a challenge mounted by an existing nearby mill.

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.

Arkansas Lawmakers Examine Prison Options

by Andrew DeMillo, The Associated Press 11/24/2014 03:46 pm

Sending some inmates to a private facility, using abandoned school buildings and expanding alternative sentencing programs are among the options being detailed in a report to Arkansas lawmakers on prison overcrowding.

Camp Aldersgate Gets $1M Grant from Donald W. Reynolds Foundation

by Lee Hogan 11/24/2014 10:03 am

Camp Aldersgate Inc. of Little Rock plans to build a 6,000-SF multi-purpose activity center thanks to a $1 million grant from the Donald W. Reynolds Foundation.

City of Hoxie Deals With Sewer Issues

by Mark Friedman 11/24/2014 12:00 am

Hoxie officials fear the city might have to replace more sections of an inferior sewer pipe that was installed more than 25 years ago.

Watson Furniture Gets New Lease on Life (NWA Real Deals)

by Marty Cook 11/24/2014 12:00 am

Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951.

Red Lobsters Serve Up $8.4M Transaction (Real Deals)

by George Waldon 11/24/2014 12:00 am

ARCP RL Portfolio V LLC purchased the Red Lobster at 3707 McCain Blvd. in North Little Rock for $4.98 million. ARCP RL Portfolio VI LLC bought the Red Lobster at 8407 W. Markham St. in Little Rock for $3.44 million

DRA Investing $3.7M in Delta Projects

by Arkansas Business Staff 11/20/2014 01:46 pm

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola.

Report: Clinton Presidential Center Boosts Downtown Economy, Tourism

by Lee Hogan 11/19/2014 03:10 pm

Ten years since its construction, the $165 million Clinton Presidential Center has more than covered its cost.

Mid-America Science Museum Renovation on Schedule, Re-opening Set for March

by Mark Carter 11/19/2014 09:53 am

The museum closed in August to begin remodeling and adding exhibits and new features, thanks to a $7.8 million grant from the Donald W. Reynolds Foundation.

BJ's Restaurant & Brewhouse Coming to McCain Mall

by Arkansas Business Staff 11/19/2014 07:21 am

BJ's Restaurant & Brewhouse is on its way to McCain Mall in North Little Rock. It's expected to open summer 2015.

Johnelle Hunt on Shifting Gears After Trucking To Reach Pinnacle

by Arkansas Business Staff 11/17/2014 12:00 am

Arkansas Business talks with Johnelle Hunt, who, along with her late husband, J.B., founded J.B. Hunt Transport Services of Lowell.

Summit Properties Names AB Engineering in Survey Suit

by Arkansas Business Staff 11/17/2014 12:00 am

There is mounting trouble for a Hot Springs man who admitted forging documents to make it appear he was a licensed surveyor when he wasn't. Doug Fellenz now is facing a lawsuit filed by a former client he allegedly duped.

Harps Planning Grocery Store in Sherwood

by Arkansas Business Staff 11/17/2014 12:00 am

Harps Food Stores Inc. of Springdale will be setting up shop in Sherwood, near the northwest corner of Highway 107 and Oakdale Road.

Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

by Gwen Moritz 11/17/2014 12:00 am

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent.

Investment, Jobs Buoy Fort Smith's Chaffee Crossing

by Marty Cook 11/17/2014 12:00 am

Chaffee Crossing, the 7,000-acre Army surplus property in Fort Smith, continues to be a popular development destination in its new civilian life, playing host to a spate of expansion and relocation announcements during the past year.

Fowlers Donate $2.93M to Chancellor's Residence Expansion

by Lee Hogan 11/13/2014 04:08 pm

The chancellor's home on the University of Arkansas campus is getting an upgrade thanks to a hefty gift from its namesakes. Wallace W. and Jama M. Fowler of Jonesboro pledged $2.93 million to an effort to expand the residence, adding room to host large dinners, receptions and other special events.

Pinnacle North Commemorates Expansion, Plans to Hire 25 Employees

by Lee Hogan 11/11/2014 02:51 pm

Pinnacle North Corporate Aircraft Interiors of Little Rock has invested $1.75 million into the company to quadruple its space and hire an additional 25 employees by the end of 2015.

Intimidator of Batesville to Manufacture New UTV, Expand Plant

by Mark Carter 11/11/2014 02:35 pm

Intimidator Inc. of Batesville will expand its manufacturing plant and add employees to accommodate a partnership with Mahindra USA to manufacturer an all-new line of utility vehicles.