Construction Archive

Suit Challenges Rule on Anti-Union Activities

by Gwen Moritz 5/16/2016 12:00 am

Little Rock was a magnet for representatives from law firms around the country last week when U.S. District Judge Kristine Baker heard arguments in the first federal lawsuit attempting to stop the Obama administration's new “persuader rule” concerning anti-union activities.

Presidential Hotel Hosts $8.5M Sale (Real Deals)

by George Waldon 5/16/2016 12:00 am

LR HI Associates LLC, an affiliate of Centura Capital of Conshohocken, Pennsylvania, bought the Holiday Inn-Presidential at 600 Interstate 30. The seller is HI Presidential LLC, led by Larry Carpenter.

Little Rock Wastewater CEO Greg Ramon: Pipe Dreams Won't Require Money Going Down the Drain

by Arkansas Business Staff 5/16/2016 12:00 am

Greg Ramon, who has 26 years of experience in the water and wastewater sector, replaced Reggie Corbitt, who was fired as LRW CEO in January 2014 over what police described as “questionable expenditures.”

Tech Park Board Told FinTech Startups Will be Named Monday

by Sarah Campbell 5/12/2016 11:52 am

The Little Rock Technology Park Authority Board on Wednesday was told the first phase of the development, which includes work on 415 and 417 Main St., is on time and going smoothly.

Polk Stanley Wilcox Receives National Award for Library Design

by Arkansas Business Staff 5/11/2016 03:34 pm

Polk Stanley Wilcox Architects' design of the Hillary Rodham Clinton Children's Library and Learning Center in Little Rock has been honored in the American Institute of Steel Construction's annual awards.

New Bankruptcy Filing Shows Deeper Debts for Phil Herrington

by Arkansas Business Staff 5/9/2016 12:00 am

In the recently released, more detailed filing, Phil Herrington listed debts of $13.45 million and assets of $5.06 million. When he initially filed for Chapter 11 in March, the real estate developer listed his estimated debts at between $1 million and $10 million.

St. John's Apartments Sells for $3.2 Million (Real Deals)

by George Waldon 5/9/2016 12:00 am

Originally led by David Henry, St. J Apartments Ltd. bought Westgate Apartments at 5001 W. 65th St. for $2 million in April 2007 and rechristened the project St. John's.

Blackwell Architects Wins 2016 National Design Award

by Arkansas Business Staff 5/6/2016 11:02 am

Marlon Blackwell Architects of Fayetteville has received a 2016 National Design Award from Cooper Hewitt, Smithsonian Design Museum.

Two AERT Executives See Total Compensation Decline

by Lance Turner 5/5/2016 01:58 pm

Two of the three named executive officers at Advanced Environmental Recycling Technologies Inc. of Springdale saw their compensation packages decline from 2014 to 2015, according to the company's most recent proxy.

Tyson Foods Breaks Ground on Incubation Center in Springdale

by Arkansas Business Staff 5/5/2016 01:14 pm

John Tyson, chairman of Tyson Foods Inc., and Springdale Mayor Doug Sprouse broke ground Thursday on the future site of a $31 million incubation center that will deliver hatching operations for the company's broiler chicken business.

Ronald McDonald House Gets $1.2M From Mabee Foundation

by Arkansas Business Staff 5/3/2016 10:24 am

Ronald McDonald House Charities of Arkansas said Monday that it received $1.2 million from The J.E. and L.E. Mabee Foundation.

Arkansas Insurance Department Puts Out Feelers on New Space

by Arkansas Business Staff 5/2/2016 12:00 am

The Arkansas Insurance Department may have its eye on a new office building.

Cajun Cajoling Adds Fuel to Energy Security Speculation

by Arkansas Business Staff 5/2/2016 12:00 am

Although Energy Security Partners CEO Roger D. Williams has said that “all indications are that Jefferson County will be our home,” he also hasn't expressly ruled out other sites, either.

US Employment, Earnings Gains Rose in March

by Arkansas Business Staff 5/2/2016 12:00 am

The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose.

Arkansas Convention Center Troubles Dog Texarkana Investor

by Mark Friedman 5/2/2016 12:00 am

Dr. Hiren D. Patel's investments in a convention center and hotels on both sides of Texarkana have turned into one financial headache after another.

Gateway Town Center Tracts Top $10.4M (Real Deals)

by George Waldon 5/2/2016 12:00 am

Undeveloped commercial land in Little Rock's Gateway Town Center project generated two seven-digit transactions.

Walnut Ridge, Others See Development Boost from I-57 Designation

by George Jared 4/29/2016 08:52 am

Walnut Ridge Mayor Charles Snapp says designating U.S. 67 from North Little Rock to Walnut Ridge as the future Interstate 57 is "going to open a lot of doors" for northeast Arkansas. U.S. Sen. John Boozman, R-Ark., introduced a provision for the designation in the 2017 federal transportation budget bill.

JBU Gets $3M From Windgate Foundation for Renovation to Dorms

by Alexis Hosticka 4/28/2016 10:30 am

John Brown University announced Thursday a $3 million lead challenge grant from the Windgate Foundation to fund the $6 million renovation of Mayfield Residence Hall.

Mercy Northwest Arkansas Plans $247M Expansion Over 5 Years

by Arkansas Business Staff 4/27/2016 01:11 pm

Mercy Northwest Arkansas on Wednesday announced a five-year, $247 million expansion project it said will create 1,000 new jobs.

Little Rock Tech Park Board Endorses I-30 Plan

by Sarah Campbell 4/27/2016 09:52 am

The Little Rock Technology Park Authority Board endorses the six-lane with four collector/distributor lanes "diamond" plan for the Interstate 30 corridor through Little Rock.