Tourism Archive

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.

Bank-Owned Property Draws $3.9M Buyer (Real Deals)

by George Waldon 6/23/2014 12:00 am

A 49,100-SF office building in west Little Rock weighed in at $3.9 million. A four-building, 22,912-SF office project in west Little Rock changed hands in a nearly $1.66 million transaction.

Arkansas Business Presents the 40 Under Forty Class of 2014

by Gwen Moritz 6/23/2014 12:00 am

This week, Arkansas Business presents its 21st class of 40 Under 40 honorees. This year's honorees represent our state's geography — Pine Bluff, England, Jonesboro, Conway, Fort Smith, Rogers — and the diversity of our business community — farming, finance, medicine, academia, nonprofits.

Taekwondo World Expo Coming to Little Rock July 7-13

by Lee Hogan 6/20/2014 12:04 pm

The American Taekwondo Association's World Expo is expected to bring an estimated 20,000 people to the capital city for the 24th annual conference July 7-13.

Reports Shed Light on Backers of Wet, Dry Groups in Arkansas

by Lee Hogan 6/19/2014 04:12 pm

Ballot question committees have spent hundreds of thousands of dollars on wet-dry county battles across the state as the deadline for signatures and the all-important November election loom.

Pay Tops $1 Million For Seven on Highest-paid Nonprofit Employees List

by Gwen Moritz 6/16/2014 12:00 am

Seven nonprofit employees in Arkansas who earned more than $1 million in the 2012 tax year are either medical doctors or hospital administrators, as are the vast majority of the 262 nonprofit employees whose compensation exceeding $215,000 is reported in this issue.

Donald W. Reynolds Foundation Winding Down, Will Close in 2017

by Mark Friedman 6/16/2014 12:00 am

After committing more than $1.8 billion to nonprofits since 1994, including hundreds of millions of dollars to organizations in Arkansas, the Donald W. Reynolds Foundation of Las Vegas is set to shut down at the end of 2017.

Allison Architects, Ruby Architects Firms Join To Form New Company

by Brandon Riddle 6/16/2014 12:00 am

After collaborating on projects for several years, Allison Architects and Ruby Architects have become one entity. The merged firm, Allison Architects Inc., will establish client bases in Little Rock and Fayetteville.

Diamond Bear's Arkansas Alehouse One Step on the Growth Path

by Jan Cottingham 6/16/2014 12:00 am

Last Thursday, Diamond Bear Brewing Co. opened its Arkansas Alehouse restaurant, allowing owner and President Russ Melton to prove his theory: retail complements production, alehouse complements brewhouse.

Clarion Hotel Medical Center Under New Ownership

by Arkansas Business Staff 6/16/2014 12:00 am

Did you know midtown Little Rock's Clarion Hotel Medical Center is under new ownership after a $5 million foreclosure sale? Windsor Capital Ltd. of San Antonio bought the 262-room project at 925 S. University Ave.

Emma Avenue Properties in Springdale Switch Hands

by Arkansas Business Staff 6/16/2014 12:00 am

Recent sales activity indicates that interest in revitalizing downtown Springdale is growing.

Mike Beebe Announces 16 to Boards, Commissions

by Arkansas Business Staff 6/11/2014 11:57 am

Gov. Mike Beebe announces appointments to state boards and commissions.

Moses & Tucker Lead Refinancing of River Market Tower

by Arkansas Business Staff 6/9/2014 12:00 am

Did you know the River Market Tower in downtown Little Rock is built on a new financial foundation? The ownership group, led by developers Jimmy Moses and Rett Tucker, bought the project's debt from an affiliate of the The Broe Group of Denver for an undisclosed sum.

Wild River Country Turns Cold Shoulder on Snow Maker

by Arkansas Business Staff 6/9/2014 12:00 am

Wild River Country's attempt at bringing snow rides to the park resulted in “substantial additional costs and expenses and [it] suffered catastrophic damages, both financially and to its reputation," according to court filings by its attorney, David Grace of North Little Rock.

Plans Submitted for Hotel, Murphy USA at Former Brandon House Furniture Site

by Lee Hogan 6/5/2014 11:51 am

The former home of Brandon House Furniture at the northwest corner of University Avenue and 12th Street in Little Rock could soon be the new home of a five-story, 110-room hotel and Murphy USA convenience store.

Hot Springs Task Force: Hire Downtown Development Leader

by Lee Hogan 6/4/2014 05:01 pm

To move forward with the revitalization of downtown Hot Springs, the Downtown Game Plan Task Force recommended hiring a full-time downtown development director and seeking assistance from various national groups, among other suggestions.

Oaklawn Opens Gate to Online Gambling

by Mark Friedman 6/2/2014 12:00 am

In late December, Oaklawn launched OaklawnAnywhere.com, which allows Arkansas residents to place bets on Oaklawn races as well as races at other U.S. and international tracks from their computers, tablets or smartphones. Arkansans can be anywhere in the world when they place their bets.

Study: Oaklawn, Southland Racetracks' Impact on Arkansas Economy Near $900 Million

by Luke Jones 6/2/2014 12:00 am

Arkansas' two racing and gambling venues, Oaklawn Park in Hot Springs and Southland Park in West Memphis, contributed almost $900 million to the state's economy in 2012, or so a new study concludes.

Tribal Land in Arkansas Draws Scrutiny

by George Waldon 6/2/2014 12:00 am

Two Indian tribes have made successful forays into Arkansas to reclaim historic ties through land ownership. One was made with the aid of a gift and the other through acquisition thanks to profits from casino operations in Oklahoma.

Gambling Near Fort Smith Continues to Expand

by Marty Cook 6/2/2014 12:00 am

Western Arkansas remains an attractive target market for American Indian tribes seeking to expand their gambling business. That's borne out by a couple of planned and new projects.