Construction Archive

Pyramid Transaction Adds Up to $2.9M (Real Deals)

by George Waldon 3/2/2015 12:00 am

A 17,192-SF commercial project in west Little Rock weighed in at $2.9 million. More than 168 acres near Maumelle are under new ownership after a $1.2 million foreclosure sale. And an 11.5-acre apartment tract in west Little Rock changed hands in a $1.1 million deal.

Central Arkansas Industrial Vacancy Rate Slips

by Arkansas Business Staff 3/2/2015 12:00 am

The vacancy rate for industrial space in central Arkansas fell slightly in fourth-quarter 2014, slipping to 11.6 percent compared with 11.7 percent in the third quarter and 11.8 percent in fourth-quarter 2013.

Compass Pointe Plans To Purchase Woodland Heights

by Arkansas Business Staff 3/2/2015 12:00 am

Compass Pointe Healthcare Systems of Baltimore has struck a deal to buy the 142-unit independent living center from the Arkansas Teacher Retirement System.

Del Frisco's Grille To Take Front and Center Position at Promenade

by Arkansas Business Staff 3/2/2015 12:00 am

Perhaps you heard that Del Frisco's Grille is coming to The Promenade at Chenal in what will be its first Arkansas location. But where will Del Frisco's Restaurant Group set up shop at the 37.8-acre west Little Rock development?

A-State Negotiates for Embassy Suites, Conference Center on Campus

by Lance Turner 2/27/2015 02:59 pm

Arkansas State University is negotiating with O'Reilly Hospitality Management LLC for a land lease agreement that would develop an Embassy Suites hotel, a conference center and Houlihan's restaurant on campus.

Cameron Smith, Karen Fetzer Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/27/2015 05:14 am

Cameron Smith of Cameron Smith Associates of Rogers and Karen Fetzer of the Rotary Club of Little Rock won executive of the year awards at Thursday's 27th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock.

Meet the Finalists of the 27th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2015 11:37 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

Outlets at Little Rock to Mark Grand Opening on Oct. 16

by Arkansas Business Staff 2/25/2015 08:35 am

The developers of the Outlets at Little Rock say the shopping center will mark its grand opening on Friday, Oct. 16.

Wilmington Apartments Visited by $3.9M Sale (Real Deals)

by George Waldon 2/23/2015 12:00 am

The sale of a 120-unit apartment complex in North Little Rock weighed in at $3.85 million. Construction of a 25,000-SF home improvement store is in motion after a $2.1 million land deal in west Little Rock. And a 55,565-SF mini-storage facility in southwest Little Rock tipped the scales at $1.7 million.

Construction in Batesville Jumped to $49.2M in 2014

by Mark Friedman 2/23/2015 12:00 am

A $22 million community center the city of Batesville started building last year was the biggest construction project for the city in 2014.

Conway Hopes To Lure Business to New Airport at Cantrell Field

by Sean Beherec 2/23/2015 12:00 am

Nearly six months after the opening of the new Conway municipal airport, the facility is already buzzing with activity. The planners behind the project have also set their sights on the next steps to grow its role in the state and attract business.

TAC Air Lands Long-Term Deal at Clinton National Airport

by George Waldon 2/23/2015 12:00 am

TAC Air of Dallas has committed to invest $11 million in capital improvements and more to benefit general aviation and commercial air service at Clinton National Airport in Little Rock.

FedEx Ground Distribution Center in Little Rock to Employ 160

by Mark Carter 2/19/2015 02:24 pm

FedEx Corp. of Memphis broke ground Thursday on a 300,000-SF Ground distribution facility in southwest Little Rock. The publicly traded logistics firm plans to employ about 160 people there.

SAU Begins Construction of Health-Care Training Center

by Arkansas Business Staff 2/17/2015 10:54 am

Construction on the 1,920 SF Health Science Simulation Center at Southern Arkansas University in Magnolia is underway, the school announced Tuesday.

Lakewood Manor Buy Checks In at $3.7M (Real Deals)

by George Waldon 2/16/2015 12:00 am

An 85-bed nursing home in North Little Rock tipped the scales at $3.7 million. A 42,500-SF mini-storage facility in southwest Little Rock weighed in at $2.35 million. And a 47,906-SF building in downtown Little Rock changed hands in a $1.6 million deal.

Greater Little Rock Home Builders Pick Nathan Cooper as President (Movers & Shakers)

by Arkansas Business Staff 2/16/2015 12:00 am

Nathan Cooper of River Valley Builders has been named 2015 president of the Home Builders Association of Greater Little Rock. Cooper has been a member of the Home Builders Association since 2009 and has served on the board of directors. Justin Keener of Billy Hartness Construction will be vice president, and Tony Dillon of The Dillon Group will be secretary/treasurer.

AB Exec of '09 Joe Stanley On Building One Architecture Firm Out of Two

by Arkansas Business Staff 2/16/2015 12:00 am

A graduate of the Jones School of Architecture at the University of Arkansas, Joe Stanley started his architectural career in 1971 in Memphis. In 1977, he moved back to Arkansas to start Polk Stanley. In 2009, after a merger with The Wilcox Group, Stanley was named CEO.

EAST Initiative Unveils New West Little Rock Digs

by Mark Carter 2/12/2015 04:08 pm

EAST Initiative unveiled its new west Little Rock location on Thursday afternoon. The nonprofit partners with schools to provide project-based, service-oriented programs with a focus on high-end technology.

Michael Hocutt Selected To Head General Contractors Association (Movers & Shakers)

by Arkansas Business Staff 2/9/2015 12:00 am

Michael Hocutt, president of Clark Power Corp. of Little Rock, has been chosen to lead the Associated General Contractors of Arkansas as 2015 president. Hocutt represents the utility division and has 37 years of industry experience.

Bank of Rison Sees Assets Rising

by Arkansas Business Staff 2/9/2015 12:00 am

The Bank of Rison is no longer the smallest bank in Arkansas, and CEO Troy Duke is celebrating with two major developments: a new headquarters building on Main Street and the bank's first branch.

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