Real estate developer CRG of Clayton, Missouri, revealed more details of a large distribution center in the works in North Little Rock, a project first reported Monday in Arkansas Business' Whispers column.
The project, just east of Amazon’s fulfillment center at 13001 U.S. 70, is a 1.2 million-SF facility that CRG said it's developing for "a Fortune 100 home improvement company."
Signs point to that company being Lowe's, which ranked No. 35 on this year's Fortune list. The company recently partnered with CRG on similar projects, including a 1.2 million-SF facility east of Phoenix and a 1.5 million-SF distribution center north of Houston.
CRG said in a news release that the North Little Rock project is its third with the unnamed company.
"Earning repeat business from this Fortune 100 company is a testament to our expertise and the success of CRG’s vertically integrated develop-design-build platform and The Cubes standards," Shawn Clark, president of CRG, said in the release. "We’re proud to continually provide high-quality develop, design, and build services for our client's most important projects."
CRG’s parent company Clayco will serve as the builder for the project and its subsidiary Lamar Johnson Collaborative is the architect. Construction began in May.
The Cubes at Little Rock LLC, an affiliate of CRG, bought the 115-acre site for more than $3.4 million. The site was sold by Tulip Farms Inc., led by Jimmy Winemiller.