Investments

Texarkana Developer Behind Planned Hyatt Project in Hot Springs This article is available only in print.

Texarkana Developer Behind Planned Hyatt Project in Hot Springs
Rendering of the proposed Hyatt Place in downtown Hot Springs.

The Hyatt Place project is planned for the former site of Ouachita Memorial Hospital, a location is owned by DIYA Hotels LLC, led by Dr. Hiren Patel.
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Opportunity Zones Have Transformative Potential (Lisa Ferrell Commentary)

This breadth of investment can accelerate growth for those who live and work in Opportunity Zones while potentially drawing more businesses seeking to capitalize on accessible funding and favorable returns.
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Update: Noel White Named Tyson Foods CEO as Tom Hayes Departs

Tyson Foods Inc. of Springdale says that Noel White, formerly group president of beef, pork and international, has been named president and CEO effective Sept. 30. White, who will also join the board of directors, will succeed Tom Hayes, who the company said is stepping down for personal reasons.
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Apartments, Office Project Sales Total $727K

Apartments in south Little Rock and an office project in North Little Rock make up the most recent round of real estate transactions. read more >

Nominate Now for the Arkansas Business of the Year Awards

Arkansas Business is once again seeking nominations of the state's most outstanding businesses, business executives and nonprofit organizations for its Arkansas Business of the Year Awards. read more >

Property & Casualty Holds No Luster for Most Lenders This article is available only in print.

After a path was cleared for banks to get into the insurance business, few Arkansas lenders jumped in. read more >

Walmart Inks $225M Deal for Cornershop Inc.

Walmart Inc. of Bentonville will buy Cornershop Inc., an online marketplace for on-demand delivery from supermarkets, pharmacies and specialty food retailers in Mexico and Chile, for $225 million. read more >

Sauce Startup Stirs Up $130K Investment

NatureSauce LLC has raised $130,000 to launch a line of sauces. read more >

Next Tropical Smoothie Coming to Gateway Town Center

Dyne Hospitality Group of Little Rock, the largest Tropical Smoothie Café franchisee in the United States, plans to open its 49th Tropical Smoothie location near Bass Pro Shops in southwest Little Rock. read more >

Spa City Surge: New Players Shaking Up Downtown Hot Springs

New takes on old properties have become a trending theme for activity in downtown Hot Springs. Redevelopments dominate the storyline, but new construction provides an undercurrent to the narrative. read more >

Parking Lot Lease Deals at McCain: A Whole New Mall Game

Companies like Dillard's Inc., J.C. Penney and Macy's are surveying their vast parking areas and seeing new opportunities for dining and entertainment venues. read more >

Big Box Stores Still Hold Value, Experts Say

When big-box tenants look for space, there's ample competition for the same handful of properties, due to increasing costs of construction and property. read more >

Fayetteville Company Scores UAMS Opioid Abuse Predictor

TrestleTree LLC of Fayetteville has purchased the rights to a digital tool that determines the level of risk for opioid abuse and addiction that patients face before their first opioid prescription is written. read more >

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