When AMR Construction landed an arbitration award for unpaid work on the Main Street Lofts project in downtown Little Rock, the ruling provided a glimpse into the chaotic development world of Scott Reed, who led the ownership group and oversaw the project.
A mix of retail and of-fice buildings that decades ago were part of the city’s historic commercial core have combined with new construction to recast a string of properties. A foundation of restaurants, apartments and the performing arts will be joined by a high-rise hotel redevelopment and the Little Rock Tech Park.
The West Coast real estate adviser with historic re-development aspirations owes a combined $35,546 on four Main Street buildings. The biggest tab is $14,397 owed for 2012-13 taxes plus penalty and interest on the 62,688-SF M.M. Cohn Building at 510 Main St.