Construction Archive

Wal-Mart Investment in Solar Energy Transforms Industry

by Sean Beherec 12/8/2014 12:00 am

Wal-Mart's investment in solar energy over the last nine years has paid off not only for the company, but also for its competitors and other businesses, as its scale has helped transform the industry.

VCC Goes Big in Vegas with $344M Downtown Summerlin Project

by George Waldon 12/8/2014 12:00 am

Completing a half-built, 1.5 million-SF retail-office center in less than 18 months presented a desert challenge for VCC LLC. The sprawling Downtown Summerlin project in the western suburbs of Las Vegas also represented unfinished business for the Little Rock general contracting firm.

NLR Chamber, ABPG Join In Women's Hall of Fame

by Arkansas Business Staff 12/5/2014 11:36 am

The North Little Rock Chamber of Commerce is partnering with Arkansas Business Publishing Group of Little Rock to launch a new program to honor the significant contributions of Arkansas women in business, politics, philanthropy and other fields.

Report: Arkansas Home Sales Up 13 Percent in October

by Arkansas Business Staff 12/5/2014 10:11 am

The number of homes sold in October increased, and so did the average price of those homes.

Arkansas State, Haag Brown Partner for 26-Acre Commercial Development Project

by Lee Hogan 12/2/2014 12:30 pm

A partnership between Arkansas State University and Haag Brown Commercial of Jonesboro is eying a 26-acre tract in northeast Jonesboro for commercial development.

The Glass Is Half Full (Mitch Bettis Publisher's Note)

by Mitch Bettis 12/1/2014 12:00 am

Arkansans and Americans in general seem to be feeling blue these days. Maybe a deluge of negative political advertising bludgeoned us into sadness. Perhaps I'm a “glass half-full” guy because I keep noticing that, nationally and within Arkansas, there are positive economic indicators.

Beats Change at Democrat-Gazette

by Sean Beherec 12/1/2014 12:00 am

Rachel Chaney, the newspaper's business editor, said Cyd King, who has covered Wal-Mart and the Crystal Bridges Museum of American Art out of the northwest Arkansas office, will move to Little Rock to cover the city's downtown development. Chaney said King had been wanting to move to Little Rock and was excited to start the new beat this week.

KUAF Sets Sights On New Transmitter

by Sean Beherec 12/1/2014 12:00 am

KUAF-FM, 91.3, the NPR affiliate in Fayetteville, will soon be in the market and fundraising for a new FM transmitter. Station Manager Rick Stockdell said the station's 26-year-old, 25,000-watt transmitter is on its last legs. Bad weather and lightning strikes have knocked the transmitter out of commission in the past, and replacement parts are either costly or have to be custom-made.

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.

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.

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.