Construction Archive

Clean Harbors Opens $120M Expansion, Will Add 120 Jobs

by Sarah Campbell 12/7/2016 10:21 am

Clean Harbors unveils a $120 million expansion of its El Dorado facility, which it said will create 120 full-time jobs.

$1M Land Deal Launches Trampoline Park in Fayetteville

by Marty Cook 12/6/2016 03:59 pm

Six-plus acres of land in uptown Fayetteville traded hands for a little more than $1 million and will be the site of a 28,000-SF trampoline park.

Arkansas Arts Center Picks Studio Gang to Design Expansion, Renovation

by Sarah Campbell 12/6/2016 03:45 pm

The Arkansas Arts Center in Little Rock selects Studio Gang of Chicago and New York as the design architect for a $46 million museum expansion and renovation.

Little Rock Tech Park Announces First Tenants

by Sarah Campbell 12/6/2016 10:29 am

The Little Rock Technology Park announces the first slate of tenants moving into Phase 1 of its permanent offices at 415 and 417 Main St., which are set to open March 1.

PACE Financing Allows Aldersgate Apartments To Put Costs on Tax Bill

by Kyle Massey 12/5/2016 12:00 am

Pulaski County has given green building projects a lucrative green light, and developers of a west Little Rock apartment project have hit the accelerator.

PACE Expands Improvement District Model

by Kyle Massey 12/5/2016 12:00 am

The Preserve at Aldersgate in Little Rock will be the first major Arkansas project taking advantage of Property Assessed Clean Energy financing.

Construction Made Up 4 Percent of 2015 GDP in Arkansas

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

Construction accounted for $5 billion, or 4 percent, of Arkansas' gross domestic product of $123 billion in 2015. Nationally, construction last year contributed $717 billion of the U.S. GDP of $17.8 trillion, also 4 percent.

Tally of Largest Commercial Building Projects in Arkansas Hits $2.4 Billion

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

The dollar total of largest commercial construction projects in Arkansas registered nearly $2.3 billion this year. The tally reflected a 1.2 percent decline from more than $2.4 billion in 2015.

Low Vacancy in Fayetteville Makes Even Older Properties Stay in High Demand

by Marty Cook 12/5/2016 12:00 am

The more beds that go into Fayetteville, the more beds Fayetteville seems to need, and that means even older multifamily properties are still in demand.

Chapel Ridge Complex Houses $8M Transaction (Real Deals)

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

Little Rock Housing Associates Ltd. of Denver sold the Chapel Ridge Apartments project at 24800 Chenal Parkway to Chapel Ridge Stanev AR LLC of Brooklyn, New York.

St. Louis District Economy Growing Modestly

by Arkansas Business Staff 11/30/2016 03:51 pm

Contacts in the Fed's St. Louis District, which includes all of Arkansas and parts of six other states, said economic conditions have modestly improved.

Dupré Logistics to Open Fort Smith Branch

by Arkansas Business Staff 11/30/2016 09:42 am

Dupré Logistics plans a new branch at the Hendricks Hill Professional Complex in Fort Smith to expand its brokerage and third-party logistics groups.

Contractors Cite Job Losses, Hope for Infrastructure Investment

by Sarah Campbell 11/29/2016 12:35 pm

The Associated General Contractors of America says Little Rock metropolitan area placed fourth out of 358 metros nationwide in construction jobs lost between October 2015 and October 2016.

Delta Regional Authority, Governor Announce $26M in Investments

by Arkansas Business Staff 11/28/2016 04:36 pm

The Delta Regional Authority, Gov. Asa Hutchinson and their federal and local partners announced Monday nearly $26 million in new investments that will create or retain an estimated 650 jobs.

Tacos 4 Life Prepping for Little Rock, Benton and Beyond

by Arkansas Business Staff 11/28/2016 12:00 am

Austin Samuelson, who owns Tacos 4 Life with his wife, Ashton, hopes to open their first Little Rock location at Shackleford Crossing sometime in mid-February.

Jacksonville Mobile Home Park Draws $2.6M Sale (Real Deals)

by George Waldon 11/28/2016 12:00 am

A group of out-of-state investors acquired Pine Meadow Mobile Home Park at 3000 John Harden Drive from Mas Verde Mobile Home Estates Inc., led by Bryan Keathley.

Detroit Investor Nabs CVS in Springdale (NWA Real Deals)

by Marty Cook 11/28/2016 12:00 am

A Detroit investor paid $4.56 million for the CVS Pharmacy at 2001 S. Thompson St. in Springdale.

Acadia Healthcare Building $24M Behavioral Health Hospital in Conway

by Arkansas Business Staff 11/21/2016 12:54 pm

Acadia Healthcare broke ground Oct. 6 on a $24 million, 65,000-SF behavioral health hospital in Conway.

CARTI Losses Bring Worry, Advice for Financial Cure Inside New Center

by Mark Friedman 11/21/2016 12:00 am

CARTI already was experiencing operating losses before it opened its $88 million cancer center in west Little Rock last November. Since then, operating losses have widened to $20.5 million over the last three fiscal years and a financial benchmark for its $49 million bond wasn't reached.

Trucking and Trump: An Infrastructure Match

by Marty Cook 11/21/2016 12:00 am

The American Trucking Associations wasted little time reacting to Donald Trump's victory in the presidential election. The industry has been a proponent of improving the nation's infrastructure, which Trump said he wants to do.

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