Construction Archive

Eminent Domain Rights Dusted Off as Pipelines Trace Path Across Arkansas

by Sean Beherec 4/20/2015 12:00 am

Several energy projects in various phases of completion are in the works across Arkansas, drawing increased attention to the process of eminent domain used to obtain access to land, as well as some of the difficulties companies face in building their projects.

Markham Square Draws $11.1M Transaction (Real Deals)

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

A 125,000-SF retail project in west Little Rock rang up an $11.15 million transaction. A 16,380-SF microfilm facility in North Little Rock tipped the scales at $1.49 million. And a Dollar General Store in east Little Rock weighed in at $1.2 million.

Matt Crafton of Crafton Tull on Why Construction Clients Shouldn't 'Coast' Along

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

Matt Crafton, 47, is the CEO of Crafton Tull, the civil engineering and landscape architecture firm that his father, Bob, co-founded with Lem Tull in 1963. Crafton Tull is the state's fifth-largest engineering firm, with offices in Arkansas and Oklahoma.

ArcBest Corp. Breaks Ground in New Corporate Headquarters

by Marty Cook 4/15/2015 03:47 pm

Gov. Asa Hutchinson helped ArcBest Corp. of Fort Smith break ground Wednesday for its new, four-story, 200,000-SF company headquarters at Chaffee Crossing. ArcBest expects the building to be completed in late 2016 and said it will create 975 jobs through 2021.

Mathias Releases Tontitown Building Plans

by Arkansas Business Staff 4/13/2015 12:00 am

Mathias officials were going to submit the plans for approval with the city on March 31 but postponed the submission until April. Arthur Thurman, president and COO of Mathias Properties, said the company wants to build two 14,750-SF warehouses on Agnes Drive adjacent to two warehouses it has already built.

Baldwin & Shell Promotes Three (Movers & Shakers)

by Arkansas Business Staff 4/13/2015 12:00 am

Tony Curtis, Clay Johns and Joe Lansden have been promoted within Baldwin & Shell Construction Co. in Little Rock.

Moses Tucker Plans Condos, Winery for Fulk-Arkansas Democrat Building

by Arkansas Business Staff 4/10/2015 07:09 pm

Moses Tucker Real Estate of Little Rock has purchased the former Fulk-Arkansas Democrat Building at 615 Main Street, with plans to rehabilitate it and add eight loft apartments and retail space that will include Raimondo Winery.

Realtors: Arkansas Home Sales Up 9 Percent

by Arkansas Business Staff 4/10/2015 10:45 am

Arkansas home sales increased by more than 9 percent in February while the price of those homes went up by more than 6 percent, according to data released Friday by the Arkansas Realtors Association.

Greg Fernholz to Manage Homewood Suites in Downtown Little Rock

by Arkansas Business Staff 4/9/2015 03:38 pm

Greg Fernholz has been named general manager for the Homewood Suites being built at the site of the old Arkla Gas Building at Capitol and River Market in downtown Little Rock.

Quarterly Business Analysis Luncheon Set for May 8 in Fayetteville

by Arkansas Business Staff 4/9/2015 11:49 am

Kathy Deck, director of the Center for Business and Economic Research, will present her regular Quarterly Business Analysis as a luncheon on Friday, May 8.

Fort Smith Retakes Top Spot in Arkansas Tech Business Index

by Mark Carter 4/7/2015 09:36 am

The index is a comprehensive measure that provides a snapshot of economic activity in Arkansas cities. It encompasses a labor index, housing market index, construction index and retail sales index.

HR Director Michele Burns on the Soft Skills Employers Want

by Arkansas Business Staff 4/6/2015 12:00 am

Michele Burns is the state director for the Arkansas Society for Human Resource Management and is the director of classification and compensation with the University of Arkansas at Fayetteville.

Stonebridge Apartments Draw $31M Transaction (Real Deals)

by George Waldon 4/6/2015 12:00 am

A 260-unit apartment complex in west Little Rock tipped the scales at $31.58 million. The sale of a west Little Rock Walgreens weighed in at $6.2 million. And an 87,100-SF warehouse in the Little Rock Port area is under new ownership after a $2.55 million transaction.

Waltons Invest In Hospitality Group RopeSwing in Northwest Arkansas

by Jan Cottingham 4/6/2015 12:00 am

Members of the Walton family are among investors in one of two hospitality companies launched recently in Bentonville, businesses whose debuts underscore the surge of the hospitality sector in northwest Arkansas.

Galley Support Innovations Announces Sherwood Expansion

by Mark Carter 4/2/2015 03:24 pm

Galley Support Innovations Inc. of Sherwood announced Thursday that it completed a 3,800-SF expansion and plans to add another 21,000-SF on property adjacent to its Manson Road headquarters.

Skyline Report: Residential Permits Down But Value Up in 2014's Second Half

by Lance Turner 4/2/2015 11:25 am

The number of residential building permits issued in northwest Arkansas fell in the second half of 2014 compared with the same time in 2013, but the value of those permits increased, a report says.

El Dorado Group Seeks One-Cent Sales Tax

by Sean Beherec 3/31/2015 03:58 pm

A group of residents dubbed "El Dorado Works" will ask the city council in April to hold a special election for the tax.

Coe Gift to Fund Engineering Professorship at ASU

by Arkansas Business Staff 3/30/2015 11:19 am

A planned estate gift of $250,000 from the late Henry and Verbeth Coe will establish an endowed professorship in engineering at Arkansas State University, the school announced Monday.

CDI Contractors Sees Sales Continue To Build

by Arkansas Business Staff 3/30/2015 12:00 am

The construction company, which is owned by Dillard's Inc., reported sales of $130.7 million for the fiscal year that ended Jan. 31. That's up 42 percent from the previous year “due to an increase in construction projects,” according to the Little Rock retailer's annual report, which was released last week.

Wingate by Wyndham Hosts $2.9 Million Sale (Real Deals)

by George Waldon 3/30/2015 12:00 am

The sale of a 62-room hotel in North Little Rock weighed in at $2.92 million. A 20,332-SF building in downtown Little Rock changed hands in a $975,000 transaction. And a 1,728-SF convenience store in west Pulaski County is under new ownership after a $519,875 sale.