$14M Hotel Project Coming To El Dorado's Murphy Arts District

by Arkansas Business Staff  on Tuesday, Nov. 6, 2018 5:04 pm   2 min read

Rendering of The Haywood hotel

An El Dorado-based ownership group announced Tuesday that it is bringing a boutique hotel to downtown El Dorado as part of the Murphy Arts District.

The project is expected to cost more than $14 million and will be developed by Newmark Moses Tucker Partners of Little Rock.

A groundbreaking for the four-story, 70-room hotel, which will be called The Haywood, is scheduled for early 2019. The group is targeting March 2020 for its opening.

The hotel will be built a half block from the new farm-to-table Griffin Restaurant and Music Hall, a half-block from the El Dorado Conference Center and one block off the downtown square.

The ownership group includes members of the Murphy family and founders of Murphy Oil, Murphy USA and Deltic Timber Corp., which merged with Potlatch Corp. to form PotlatchDeltic Corp. earlier this year.

BancorpSouth contributed the land for the hotel. The land has been deeded to the ownership group, and the project will be financed by El Dorado-based First Financial Bank.

The architect is AMR Architects; the general contractor is Clark Contractors.

Advertising agency Eric Rob & Isaac will lead The Haywood’s branding and public relations efforts, and Beechwood Hospitality will manage and oversee all hotel operations.

The Haywood's guest rooms will be on the second, third and fourth floors.

The first floor will feature a pool and outdoor courtyard with a prominent fireplace and manicured landscaping. Guests will be able to reserve the courtyard for private parties, corporate gatherings and other events.

The hotel will also have a full-service bar with a limited food menu called The Well. The bar will feature inlaid marble tile floors, a stained wood bar and two big-screen TVs. It will open onto an outdoor wraparound patio with ceiling fans and couches.

Just off the bar will be The Haywood’s signature “den.” That room will have a TV, banquet and soft seating, featured artwork, sconce lighting and a textured tile fireplace.

The hotel’s lobby will feature hardwood floors and a coffered, 12-foot ceiling. White ridged tile will finish the check-in desk, and arched openings will lead guests into the bar and living room. The lobby will also provide a dedicated space for light breakfast items and snacks. It will also have a large farm table with charger and docking stations.

The Haywood is the latest addition to the multi-million dollar Murphy Art District. The first phase of that project was completed in August 2017. That phase included The Griffin, an 8,000-seat outdoor amphitheater, a farmer’s market and a 2-acre “destination playscape” for kids.



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