Developer Pace Burt bought the 435,000-SF building at 300 E. Roosevelt Road for $2.7 million in November 2020. (Jason Burt)
$19.7 million.
That’s the cost for PR Contractors LLC of Greenville, South Carolina, to build 168 apartments in the former Veterans Administration Hospital at 300 E. Roosevelt Road in downtown Little Rock, according to building permits.
The project is led by developer Pace Burt of Albany, Georgia. He aims to transform the 10-story building that once served as a 1,234-bed infirmary for ex-military personnel into a gated 160-unit residential project to house market-rate apartment dwellers.
Burt bought the 435,000-SF building at 300 E. Roosevelt Road for $2.7 million in November 2020.
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