Construction Archive

Realtors: Home Sales Up 6 Percent in April

by Arkansas Business Staff 6/2/2015 11:02 am

Arkansas home sales increased by more than 6 percent in April while the price of those homes went up by more than 12 percent, according to data released Wednesday by the Arkansas Realtors Association.

Edgehill Home Leads List of Recent Million-Dollar Deals

by Arkansas Business Staff 6/1/2015 12:00 am

Two Little Rock homes, a 22,500-SF warehouse in North Little Rock, a residential parcel in west Little Rock and a vacant grocery store in Sherwood provide this Pulaski County gathering of seven-digit deals.

Country Homes Residences Remain at Crossroads of WLR Development

by George Waldon 6/1/2015 12:00 am

The small residential enclave along River Mountain Road in west Little Rock has captured the redevelopment imagination for several potential commercial projects over the years.

Saline County Home Sales Fuel Biggest Move on List of Top Real Estate Agencies

by George Waldon 6/1/2015 12:00 am

Baxley-Penfield-Moudy Realtors of Bryant made the biggest climb up the list, moving to No. 12 with sales volume of $107.4 million.

Presenting the 18 Most Expensive Home Sales in Northwest Arkansas

by Gwen Moritz 6/1/2015 12:00 am

A list of seven-digit home sales in the northwest corner of the state, Benton and Washington counties.

14 Most Expensive Home Sales of 2014 in Pulaski County

by Mark Friedman 6/1/2015 12:00 am

Seven-figure home sales in Pulaski County remained flat in 2014. During the year, 14 homes sold for $1 million or more, the same figure as in 2013. But 2015 could see more $1 million homes sold.

Central Arkansas Industrial Vacancy Rate Declines

by Arkansas Business Staff 6/1/2015 12:00 am

The vacancy rate for industrial space in central Arkansas, which remained relatively stable during 2014, declined to 10.8 percent in the first quarter of 2015 compared with 11.8 percent both in the previous quarter, fourth-quarter 2014, and the year-earlier quarter, first-quarter 2014.

Courtyard by Marriott to Open Along Highway 49 in Jonesboro

by Alexis Hosticka 5/29/2015 11:28 am

A new Courtyard by Marriott hotel is set to open in summer 2016 near the entrance of the NEA Baptist Healthcare System Campus on Highway 49 North in Jonesboro.

Arkansas Unemployment Rate Rises to 5.7 Percent in April

by Alexis Hosticka 5/27/2015 08:43 am

Arkansas' unemployment rate ticked up one-tenth of percentage point from March, coming in at 5.7 percent in April, according to a report Wednesday by the state Department of Workforce Servics.

Contractor Lewis May Resolves One Lawsuit, Faces Others

by Arkansas Business Staff 5/25/2015 12:00 am

Embattled Little Rock general contractor Lewis May agreed last week to pay a $3.38 million judgment.

Landowner Disputes Diamond Pipeline's Claim of Eminent Domain

by Arkansas Business Staff 5/25/2015 12:00 am

A Conway County landowner filed a challenge to the proposed Diamond Pipeline project, arguing the company behind the project should not have the power of eminent domain.

Architect Bunny Brown Elected President of Jackson Brown Palculict

by Arkansas Business Staff 5/25/2015 12:00 am

In his promotion to president, H.F. “Bunny” Brown IV succeeds Brooks Jackson, who will remain with Jackson Brown Palculict as chairman emeritus.

Big Companies, Big Revenue: 75 Largest Private Companies in Arkansas Bring In $32.8B

by Gwen Moritz 5/25/2015 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $32.8 billion in their most recent fiscal years, up nearly 7 percent in a year.

Ridout Lumber Co. Rebuilds Revenue

by George Waldon 5/25/2015 12:00 am

The fortunes of Searcy's Ridout Lumber Co. and homebuilders are thoroughly intertwined. About 90 percent of sales at the 10-store chain can be attributed to its professional contractor clientele.

J.B. Hunt Plans 7-Story Office Tower at HQ

by Marty Cook 5/21/2015 01:57 pm

J.B. Hunt Transport Services Inc. of Lowell is planning to build a new office tower at its headquarters.

Arkansas Business Hall of Fame Seeks Nominations

by Arkansas Business Staff 5/21/2015 11:01 am

The selection committee for the Arkansas Business Hall of Fame is now accepting nominations for the 2016 class of inductees.

Tyson Foods Gives $500,000 to Walton Arts Center

by Arkansas Business Staff 5/21/2015 06:56 am

Tyson Foods Inc. of Springdale on Thursday donated $500,000 to the Walton Arts Center expansion campaign.

Arkansas' Top Exporters Recognized, Officials Call for Ex-Im Bank Renewal

by Mark Carter 5/19/2015 02:39 pm

At an awards ceremony recognizing the state's top exporters, Arkansas small business owners and an official with the U.S. Export-Import Bank called for the bank charter's renewal.

UAMS Eyes Expansion, Sees Increase in Patient Demand

by Mark Friedman 5/18/2015 12:00 am

The Affordable Care Act as applied in Arkansas has worked so well for the University of Arkansas for Medical Sciences that administrators are considering expanding the 10-story UAMS Medical Center.

Kohl's Store Rings Up $9 Million Transaction (Real Deals)

by George Waldon 5/18/2015 12:00 am

An 89,724-SF department store in Sherwood weighed in at $9 million. An 18,680-SF electrical subcontracting complex in North Little Rock shifted ownership in a $636,000 transaction. And an 8,316-SF commercial building in west Pulaski County changed hands in a $506,096 foreclosure sale.