Posted 8/13/2012 07:54 am
Updated 9 months ago
For a guy who recently landed a major traffic draw for a decades dormant commercial property, Tommy Hodges sounds downright bearish when assessing the Little Rock development scene.
"I don't think we're out of this funk," said Hodges of the market conditions.
His cautious take is understandable given the history of what was long advertised as the site of the Otter Creek Mall.
That ultra slow-burn fuse of a prospect measured in years of disappointment and inactivity has given way to the Gateway Town Center.
The land at the northwest corner of Interstates 430 and 30 played host to unprecedented good news in June when Bass Pro Shops of Springfield, Mo., trumpeted that it would set up shop on 30 acres.
Click here to read George Waldon's full Arkansas Business cover story on Hodges' plans for the Gateway Town Center, which includes a Bass Pro Shops.