Construction Archive

Holiday Inn Express Visited by $6M Deal (Real Deals)

by George Waldon 5/4/2015 12:00 am

A 138-room hotel in east Little Rock weighed in at $6 million. A 50-room motel in southwest Little Rock changed hands in a $900,000 sale. And a 1,843-SF Little Rock liquor store rang up a $297,929 deal.

Arkansas Northeastern College of Blytheville Starts $13M Construction Project

by Mark Friedman 5/4/2015 12:00 am

The center will be about 85,000 SF and combine three of the school's existing centers: the Harry L. Crisp Center, the Burdette Center and the Aircraft & Metals Engineering Center. The Crisp Center is for customized industrial training, which provides training for companies. Some of the training is for college credit and some isn't, Shemwell said.

National Gross Domestic Product Increases 2.4 Percent

by Arkansas Business Staff 5/4/2015 12:00 am

Real gross domestic product in the United States rose 2.4 percent last year compared with the previous year. Expanding were the private goods and private services sectors, while the government sector declined.

Consolidation Pares Roster of Arkansas Banks

by Gwen Moritz 5/4/2015 12:00 am

2014 started with 120 separate banks chartered in Arkansas and ended with 109. Two have become inactive in 2015.

US Construction Spending Drops 0.6 Percent in March

by Associated Press 5/1/2015 10:52 am

U.S. construction fell in March as an increase in nonresidential construction was offset by declines in home building and government projects.

Ben E. Keith Breaks Ground on $70M North Little Rock Center

by Mark Carter and Lance Turner 4/30/2015 11:14 am

Ben E. Keith Company of Fort Worth, Texas, on Thursday broke ground on a $70 million, 426,000-SF headquarters and distribution center at 8801 Hwy. 70 E. in North Little Rock.

US Economy Ekes Out 0.2 Percent Growth Rate in 1Q

by Associated Press 4/29/2015 07:50 am

The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.

AHTD Director Scott Bennett Says Putting Plans on Hold Could Hurt the Road

by Arkansas Business Staff 4/27/2015 12:00 am

Scott Bennett began his career at the AHTD as a summer employee. After graduating college in 1989, he started working full time for the department's Planning & Research Division as a civil engineer.

Pediatrics Plus Buy Tops $8.1M Mark (Real Deals)

by George Waldon 4/27/2015 12:00 am

The sale of a 32,518-SF special needs health and education facility in west Little Rock checked in at $8.19 million.

Nonprofit Group Takes a Lick on Hanger Hill Properties

by George Waldon 4/27/2015 12:00 am

The proposed site for a nonprofit campus in downtown Little Rock was recycled in a $1.5 million transaction.

How America's Middle Class Has Shrunk Since 2000

by Arkansas Business Staff 4/27/2015 12:00 am

The struggles of middle-class American families and growing income inequality have risen to the top of the national agenda.

Entergy Arkansas Seeks Rate Increase in 2016

by Lance Turner 4/24/2015 02:12 pm

Entergy Arkansas Inc., looking to cover improvements to its power grid and pay for the purchase of an El Dorado power plant, is seeking to raise electrical rates next year, according to a filing Friday with the Arkansas Public Service Commission.

2 AERT Executives See Salary Raises in 2014

by Marty Cook 4/24/2015 10:24 am

Two executives at Advanced Environmental Recycling Technologies Inc. of Springdale, received compensation increases in 2014 according to the company's annual proxy.

Arkansas State, Harding Teams Take Top Awards at DWR Governor's Cup

by Mark Carter 4/22/2015 02:54 pm

Teams from Arkansas State University in Jonesboro and Harding University in Searcy took top honors at the 2015 Donald W. Reynolds Governor's Cup collegiate business-plan competition awards.

Walmart Foundation Gives $1.5M to Walton Arts Center

by Arkansas Business Staff 4/22/2015 10:06 am

The Walton Arts Center in Fayetteville said Tuesday that it has received a $1.5 million donation from the Walmart Foundation.

Arkansas Jobless Rate Unchanged at 5.6 Percent

by Arkansas Business Staff 4/21/2015 09:53 am

The state's unemployment rate was unchanged at 5.6 percent in March, reflecting a revised rate for February. According to DWS, the state's civilian labor force rose by 4,900 from January to February, a result of 5,800 more employed and 900 fewer unemployed Arkansans.

TAC Air to Build New Terminal at Little Rock Airport

by Arkansas Business Staff 4/20/2015 11:48 am

TAC Air Inc. Dallas said Monday that it will build a new terminal at the Bill and Hillary Clinton National Airport in Little Rock, part of an $11 million redevelopment and expansion project it is undertaking there.

Slideshow: Inside Robinson Center's $68 Million Renovation Project

by Jan Cottingham 4/20/2015 12:00 am

The Little Rock auditorium is undergoing a $68 million renovation led by the design team of Polk Stanley Wilcox Architects of Little Rock and Ennead Architects of New York. CDI Contractors of Little Rock has partnered with Hunt Construction Group of Dallas as general contractors and construction managers.

Contractors See Construction Business Pick Up in 2014

by George Waldon 4/20/2015 12:00 am

In general, 2014 was a year of increase among the biggest general contractors in Arkansas. Eighteen out of 32 firms that reported updated revenue figures for the largest commercial contractors list recorded year-over-year gains.

Baldwin & Shell Promotes Traylor (Construction Movers & Shakers)

by Arkansas Business Staff 4/20/2015 12:00 am

Dee Anna Traylor has been promoted to project manager in the northwest Arkansas division of Baldwin & Shell Construction Co. of Little Rock.