Real Estate Archive

Prosecutors Plan Appeal in Case of Brandon Barber's Attorney, K. Vaughn Knight

by Gwen Moritz 7/8/2014 04:56 pm

Conner Eldridge, U.S. Attorney for the Western District of Arkansas, and First Assistant U.S. Attorney Wendy L. Johnson filed notice that they will appeal U.S. District Judge P.K. Holmes' decision to throw out a jury's conviction of Knight on eight felony charges.

Construction Starts on South Main District Apartment Complex

by Arkansas Business Staff 7/8/2014 11:29 am

Construction started recently on the South Village Apartments at Quapaw in the South Main District in downtown Little Rock. The complex will feature 16 one- and two-bedroom apartments. It's set to open in early 2015.

$6.2M Transaction Visits Village Green Apartments (Real Deals)

by George Waldon 7/7/2014 12:00 am

A 172-unit apartment project in southwest Little Rock weighed in at $6.2 million. Entities with common ownership were on either side of a $960,000 transaction in downtown Little Rock's The Residences at Building 5.

Purchases Spur Redevelopment Of Bank Branch Sites

by George Waldon 7/7/2014 12:00 am

Two competitors recently stepped into the Pulaski County banking market to replace Metropolitan National Bank and National Bank of Arkansas. Even with the redevelopment of four NBA branches, Pulaski County has no shortage of banking locations, with 199 full-service branches operated by more than two dozen lenders.

‘Never Let a Crisis Go to Waste' (Jim Fram Commentary)

by Jim Fram 7/7/2014 12:00 am

The Greater Hot Springs Chamber of Commerce and the Hot Springs Metro Partnership recognized after the Majestic Hotel fire that they should embrace the adage to "never let a crisis go to waste," commissioning the Downtown Game Plan Task Force to study all aspects of downtown development.

Reese Rowland Named Fellow of American Institute of Architects

by Arkansas Business Staff 7/7/2014 12:00 am

Reese Rowland has been named a fellow of the American Institute of Architects, awarded to fewer than 4 percent of AIA members. He was one of 46 architects selected in the design category. The fellowship program honors architects who have made a significant contribution to architecture and their communities.

Bentonville Warehouse Goes Full Tilt for New Look

by Arkansas Business Staff 7/7/2014 12:00 am

Construction is expected to be completed by November on an office and warehouse facility in Bentonville, and it will have a different look.

No Daily Report, E-newsletters on Friday

by Arkansas Business Staff 7/3/2014 10:01 am

Arkansas Business will not send the Daily Report or weekly industry e-newsletters on Friday, the Fourth of July. Arkansas Business Publishing Group offices will be closed Friday as well, reopening on Monday. ABPG wishes everyone a happy Fourth.

Survey: Midwest Economy Growing

by Associated Press 7/1/2014 09:23 am

The economy in nine Midwestern and Plains states including Arkansas should continue growing steadily in the months ahead, according to a monthly survey of business leaders released Tuesday.

Jim Bolt Criminal Saga Reveals ‘A Certain Amount Of Genius'

by Gwen Moritz 6/30/2014 12:00 am

A federal judge sentenced James W. Bolt to a sentence 29 months longer than standard sentencing guidelines. It was an acknowledgement that the only way to keep Bolt from breaking the law was to keep him locked up.

UA Spends Millions On Adjacent Properties (NWA Real Deals)

by Marty Cook 6/30/2014 12:00 am

The University of Arkansas had a busy few weeks buying up properties on the borders of its campus.

NLR Acreage Acquisition Approaches $2.7 Million (Real Deals)

by George Waldon 6/30/2014 12:00 am

More than 420 acres on the eastern edge of North Little Rock changed hands in a transaction valued at $2.69 million. The sale of two Citgo convenience stores added up to a $1.4 million combo deal. And a 7,460-SF industrial project in North Little Rock changed hands in a $450,000 sale.

First Arkansas Bank & Trust Also Absorbing Bank Branches

by Arkansas Business Staff 6/30/2014 12:00 am

Larry Wilson, CEO of First Arkansas, confirms his bank's purchase of old Simmons branch in Jacksonville. And he threw in a couple more for good measure: the former Metropolitan branches at the intersection of Highways 321 and 89 in Cabot and at Kiehl and Brockington in Sherwood.

Baptist Health Plans July 7 Groundbreaking for Conway Hospital

by Arkansas Business Staff 6/30/2014 12:00 am

Ground will be broken for the 100-bed medical center at 10:30 a.m. July 7 at 1455 Exchange Ave., near the Dave Ward Drive exit off Interstate 40.

Activity Picking Up at Springdale Supercenter Site

by Arkansas Business Staff 6/30/2014 12:00 am

Business activity is picking up at the site of the Walmart Supercenter that is scheduled to open in August on Elm Springs Road in Springdale.

Trail Boosts Springdale's Downtown Effort

by Marty Cook 6/30/2014 12:00 am

The city of Springdale's master plan calling for rejuvenating its downtown is estimated to be about $20.5 million in improvements, coinciding with the opening of the Razorback Greenway trail later this year.

Arkansas Realtors: Home Sales Up 5 Percent in May

by Lee Hogan 6/27/2014 11:26 am

Home sales and valuations were up in May, while the average price was down slightly compared to a year ago, according to the most recent numbers from the Arkansas Realtors Association.

Site Work Starts on Outlet Mall in West Little Rock

by Lee Hogan 6/24/2014 03:02 pm

Site work for a proposed outlet mall has begun on a 30-acre tract of land at the Gateway Town Center in west Little Rock. Outlets at Little Rock is slated to open in summer 2015.

Burgundy Book: Slight Economic Improvement in Arkansas

by Mark Carter 6/24/2014 09:07 am

According to a May survey of business leaders in the state, the near-term outlook for the Little Rock zone improved slightly.

Fort Smith Overtakes Bentonville in Arkansas Tech Business Index

by Lee Hogan 6/23/2014 10:17 am

A strong retail rating and the permit of two large projects helped push Fort Smith ahead of Bentonville in the Arkansas Tech Business Index. It's the first time since the index's introduction that Bentonville has not been the top-rated city.