Tagged: scott reed

Fleming Structural Settles Suit Over Main Street Lofts

by Arkansas Business Staff 10/3/2016 12:00 am

An 11th-hour settlement ended a long-running money dispute related to the troubled Main Street Lofts project in downtown Little Rock.

Scott Reed Faces New Foreclosure Over K Lofts

by Arkansas Business Staff 8/29/2016 12:00 am

IberiaBank of Lafayette, Louisiana, sued to recover more than $1.4 million owed on an original June 2013 loan of $1.3 million to Scott Reed's K Lofts project.

Foreclosure Hearing Delayed Amid Possible Main Street Lofts Sale

by George Waldon 7/22/2016 10:53 am

A court hearing that would have kept the foreclosure train moving on the Main Street Lofts project was postponed Friday morning.

AMR Files Foreclosure Suit Against Scott Reed Over Little Rock Lofts

by Arkansas Business Staff 7/11/2016 12:00 am

AMR Construction LLC escalated its efforts to collect money from “developer” Scott Reed of Portland, Oregon.

Main Street Lofts Could Find Buyer Before Foreclosure

by Arkansas Business Staff 6/13/2016 12:00 am

A sale may be in motion at the money-troubled Main Street Lofts. This latest version involves all three buildings at the downtown Little Rock project.

Main Street Lofts Asks for Clarification in Arbitration

by Arkansas Business Staff 5/16/2016 12:00 am

Before a general contractor’s foreclosure action begins, Main Street Lofts LLC and Main Street South LLC asked an arbitrator to split the $896,756 award for unpaid work between properties.

Arbitration Reveals Wide Leeway in Scott Reed Contracts

by Arkansas Business Staff 4/25/2016 12:00 am

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.

AMR Construction Begins Foreclosure Action on Main Street Lofts

by George Waldon 4/25/2016 12:00 am

Little Rock’s AMR Construction LLC staked a priority claim to recover $896,756 for unpaid work on the unfinished three-building, 125,000-SF redevelopment at 510-524 Main St.

Developers Want Delay of AMR Arbitration Payment

by Arkansas Business Staff 4/18/2016 12:00 am

Main Street Lofts developers are trying to slow a judicial ruling on an unfavorable arbitration outcome.

AMR Construction Wins Main Street Arbitration Case

by George Waldon 4/11/2016 12:00 am

The general contractor on Little Rock’s troubled Main Street Lofts project has been awarded $896,756 in its arbitration case.

Downtown Little Rock Attracts More Hoteliers

by George Waldon 3/14/2016 12:00 am

Downtown Little Rock has drawn the attention of three hotel developers who have invested more than $7.3 million to secure locations.

Mayor Mark Stodola Looks to Keep Main Street Makeover Moving

by George Waldon 9/14/2015 12:00 am

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.

Scott Reed Owes Over $35K in Delinquent Property Taxes

by Arkansas Business Staff 8/17/2015 12:00 am

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.

The Telling Detail (Gwen Moritz Editor's Note)

by Gwen Moritz 8/10/2015 12:00 am

It’s one thing to know that Scott Reed hadn’t paid his big bills. One might even imagine that the big bills could get paid once tenant revenue starts flowing. It’s another thing entirely to understand that, even as summer turned to fall and winter and then spring, he couldn’t come up with a relatively small amount of money in order to turn on the lights — something that has to be done before any tenants can move in and start paying rent.

Some Hiccups, But Development Continues Along Main Street in Little Rock

by Alexis Hosticka 8/4/2015 3:26 pm

About $100 million in new development is unfolding along Little Rock’s Main Street as developers bet on an influx of jobs and residents, according to an estimate by Moses Tucker Real Estate of Little Rock.

Timeline: Scott Reed’s Development Doings in Little Rock

by George Waldon 8/3/2015 12:00 am

A year-by-year look at Oregon developer Scott Reed's involvement in Main Street projects in Little Rock.

Lawsuit, Liens Hit Scott Reed’s Main Street Projects

by George Waldon 8/3/2015 12:00 am

Contractors have more than $1.5 million in claims for unpaid work on two unfinished Main Street redevelopments in downtown Little Rock. The liens and lawsuit add to a track record of overreaching, underfinanced, subsidy-supported development in the city.

Despite Sale, Symphony Ready for New Offices in M.M. Cohn Building

by Alexis Hosticka and Lance Turner 7/10/2015 4:07 pm

The executive director of the Arkansas Symphony Orchestra said she's looking forward to moving into new offices inside the renovated M.M. Cohn Co. building downtown, even as the building's owner prepares to sell the property.

Brick Fall from Wall Brings Temporary Stall to Main Street Project

by Arkansas Business Staff 10/28/2013 12:00 am

A sizable chunk of brickwork from the fifth floor of the Gus Blass project tumbled to earth and crushed the cab of the concrete pumper truck in the alley. No one was injured.

After Delays, K Lofts Apartment Project Moves Forward on Main Street

by George Waldon 7/25/2013 11:40 am

Developers and political leaders held a news conference Thursday morning to announce the start of construction on 32 apartments on the long-vacant upper floors of downtown Little Rock's 315 Main St. building.


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