Scott Bennett, director of the Arkansas Highway & Transportation Department, says the state needs to double its current annual funding of $400 million to properly take care of its transportation needs.
Philip Taldo, the co-owner of Weichert Realtors-The Griffin Co. and president of One Springdale, a development company, and Partners Construction, talks to Arkansas Business about efforts to revitalize downtown Springdale, a city to which he has strong ties.
Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951.
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.
As Northwest Arkansas has grown, so too have the post-secondary offerings in Benton and Washington counties. While the University of Arkansas enrollment topping 24,500 has been well publicized, other schools in the region are growing as well.