Posted 2/27/2014 03:02 pm
Updated 7 months ago
Cranford Johnson Robinson Woods of Little Rock said Thursday that it plans to move its downtown headquarters to the Fulk Building at the southwest intersection of Third and Main streets by late 2015.
CJRW, the state's largest advertising and public relations firm, also said its wholly owned subsidiary, Jones Film Video, will move into a building directly across the street from its new home, at the southeast corner of that same intersection.
In a news release, the agency indicated that it would lease both spaces but did not disclose terms of the deal. The Fulk Building has been home to Bennett’s Military Supply. Jones Film Video will occupy space most recently held by Mr. Cool's Clothing.
"Our agency has always been located in the heart of downtown and we have been looking at several options for the better part of a year now," Wayne Woods, CJRW's chairman and CEO, said. "When we considered what we will need moving forward, the Third and Main location made all the sense in the world. To the extent that our move will advance all that is going on in the Main Street corridor, we are very pleased.
"Downtown has been good to us and we have always been a champion of downtown," he said.
The announcement adds to the numerous redevelopment projects taking place along Main Street, including the $22 million Mann Building, the K Lofts, the new headquarters for bicycle manufacturer Orbea, the Arkansas Venture Center and the Little Rock Technology Park.
The Arkansas Symphony Orchestra, Ballet Arkansas and the Arkansas Repertory Theatre also plan to occupy rehearsal and creative space along Main.
CJRW negotiated with Terraforma Inc. of Little Rock, a land acquisition and development firm, for the space. Flake & Kelley of Little Rock, a commercial real estate firm, handled the transaction.
CJRW has 85 employees among its offices in Little Rock, northwest Arkansas and Jones Film Video. Its headquarters is current at 303 W. Capitol Ave., not far from its new Main Street home.
Terraforma said it has hired Jameson Associates P.A. of Little Rock as the architect for the project.