Construction Archive

Officials: Robinson Renovations Will Bring Bigger Shows Like 'Phantom' in 2017

by Alexis Hosticka 9/14/2015 11:28 am

With about 14 months remaining to finish a massive renovation, construction at Robinson Center is on target to be complete in November 2016, officials said Monday.

Supermarket Scouts Sniff Out Sherwood Sites

by Arkansas Business Staff 9/14/2015 12:00 am

Harps Food Stores Inc. of Springdale had the idea first, but its long delay in getting a store out of the ground on Highway 107 in north Pulaski County has encouraged competitors to start sniffing around.

Twitter Effort Tackles Infrastructure Needs

by Marty Cook 9/14/2015 12:00 am

Shannon Newton's constituents are - obviously as president of the Arkansas Trucking Association - Arkansas trucking executives, who are in favor of raising the federal fuel tax to fund highway upkeep and repair.

Mayor Mark Stodola Looks to Keep Main Street Makeover Moving

by George Waldon 9/14/2015 12:00 am

A mix of retail and of-fice buildings that decades ago were part of the city's historic commercial core have combined with new construction to recast a string of properties. A foundation of restaurants, apartments and the performing arts will be joined by a high-rise hotel redevelopment and the Little Rock Tech Park.

Arkansas Municipalities Left to Clean up After Property Owners Leave Mess

by Mark Friedman 9/14/2015 12:00 am

Dealing with property owners who neglect dilapidated commercial buildings is becoming a growing problem for cities, especially when they crumble, Pine Bluff Mayor Debe Hollingsworth said. Other officials in cities and towns in Arkansas agree with her.

Flake & Kelley's Matthew Dearnley Sees More Preleasing, Money Upfront on NWA Properties

by Arkansas Business Staff 9/14/2015 12:00 am

Matthew Dearnley, the CEO of Flake & Kelley Commercial Northwest, says the northwest Arkansas market has reached a point of possible correction, with certain areas overbuilt.

Rose Avenue Townhomes Sell Fast in Fayetteville

by Arkansas Business Staff 9/7/2015 12:00 am

T.J. Lefler, a partner with Sage Partners in Fayetteville, and Ben Booth, a custom home builder, formed NMK LLC to develop and build three-story student housing called Stadium Scene Townhomes around the University of Arkansas.

TIAA-CREF Moving Into Joyce Boulevard Building in Fayetteville

by Arkansas Business Staff 9/7/2015 12:00 am

The Teachers Insurance and Annuity Association-College Retirement Equities Fund, a financial services organization, is taking over 1,200 SF of space on the ground floor of the Commerce Park II building at 2049 E. Joyce St. in Fayetteville.

Bridgeway Opens New $4 Million Site for Seniors

by Mark Friedman 9/7/2015 12:00 am

Bridgeway Inc., the North Little Rock psychiatric hospital, began taking patients last week in its $4 million building that features 20 beds for seniors. Bridgeway, an affiliate of Universal Health Services Inc. of King of Prussia, Pennsylvania, had been treating senior patients for years, but it didn't have a dedicated area for them, said Bridgeway's CEO Jason Miller.

Beige Book Indicates Economic Growth in St. Louis District

by Arkansas Business Staff 9/2/2015 02:04 pm

Economic activity in the St. Louis District has continued to increase at a moderate pace since the previous "Beige Book" in July and year-over-year home sales in June increased 7 percent in Little Rock.

Arkansas Highway Construction Projects Back On

by Arkansas Business Staff 9/2/2015 09:54 am

Two of the more prominent projects back up for bidding include phase two of the interchange at interstates 30 and 430 and rehabilitation of the interchange of I-430 and Cantrell Road in west Little Rock.

Low Vacancy Could Lead to Lease Rate Increases in NWA

by Alexis Hosticka 9/1/2015 11:00 am

The Skyline Reports on commercial and multifamily real estate in northwest Arkansas show vacancy rates in every market in northwest Arkansas at the lowest levels the report has ever recorded.

Bentonville Retains Top Spot on ATBI

by Mark Carter 9/1/2015 09:33 am

Bentonville retains its spot atop the Arkansas Tech Business Index, while eight of the 18 cities listed on the index finished the second quarter of 2015 with a rating greater than 100.

Central Arkansas Industrial Space Vacancy Rate Slips

by Arkansas Business Staff 8/31/2015 12:00 am

The vacancy rate for industrial space in central Arkansas fell slightly in the second quarter compared with the year-ago quarter, to 11.7 percent compared with 11.9 percent in second-quarter 2014.

Peco Foods Development Heading to 2016 Launch

by George Waldon 8/31/2015 12:00 am

Work on the new $200 million integrated poultry operation of Peco Foods Inc. is changing the landscape in northeast Arkansas. The nearly 200-acre poultry plant complex site near Pocahontas, assembled in three buys totaling almost $1.4 million in February 2014, is the centerpiece of construction activity.

Supply Lags Demand for Osteopathic Residencies

by Mark Friedman 8/31/2015 12:00 am

Two new osteopathic medical schools preparing to open in Arkansas aim to address the state's shortage of primary care physicians, but the pipeline of required residencies may be too narrow to handle a flood of new medical school graduates beginning in 2021.

Arkansas State Board Approves $12.6M Renovation Plan

by Alexis Hosticka 8/27/2015 03:01 pm

The Arkansas State University Board of Trustees approved a $12.6 million plan to renovate its historic Wilson Hall, which it plans to lease to the New York Institute of Technology College of Osteopathic Medicine.

McKibbon Partners with Ronald McDonald House Charities

by Arkansas Business Staff 8/26/2015 03:58 pm

McKibbon Hotel Group is partnering with the Ronald McDonald House Charities of Arkansas in a joint effort to build a new Ronald McDonald house in Little Rock, slated to open November 2016.

Crystal Bridges: Bachman-Wilson House to Open Nov. 11

by Arkansas Business Staff 8/26/2015 09:24 am

Crystal Bridges Museum of American Art in Bentonville said Wednesday that it plans to open the Frank Lloyd Wright-designed Bachman-Wilson House on Nov. 11.

Cranford Co. Makes Move into Arkansas Building

by Alexis Hosticka 8/24/2015 01:27 pm

After a long drawn-out wait and taking over delayed work themselves, Cranford Co. has moved into an office in the Arkansas Building.