The Fayetteville Chamber of Commerce has completed its purchase of the Bradberry Building at 21 W. Mountain St. on the downtown square.
The chamber, through its 21 Mountain LLC, paid $2.4 million for the 24,600-SF building. Centennial Bank provided the $2.4 million for the purchase; Executive Square Inc., led by John Bradberry, was the seller.
Steve Clark, the CEO of the chamber, said he hopes the chamber can relocate and be ready for business at the new location by Jan. 4. The chamber is currently down the street at 123 W. Mountain, a property it has transferred to 21 Mountain LLC.
Clark said the chamber originally planned to sell its current building at 123 W. Mountain, but now plans to open a workforce training center with the help of robotic manufacturers.
The chamber announced in June it was buying the building to partner with the Arkansas Regional Innovation Hub, which will move into the basement floor of the building. Tiny Tim’s Pizza and Jammin’ Java will remain on the ground floor while the chamber will occupy the second floor, Clark said.
“We are very, very excited to be on the square and to be in a historic building on the square,” Clark said.