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Central Arkansas

Andrew Parker on Transforming Arkansas’ Workforce Through Be Pro Be Proud

Andrew Parker is the executive director of the Associated Industries of Arkansas Foundation and has led the Be Pro Be Proud Initiative since its launch in 2016.

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Courtyard Acquisition Checks In at $5.5M (Real Deals)Lock Icon

A 149-room hotel in west Little Rock tipped the scales at $5.55 million.

Root Cafe’s Second Location at Breckenridge Village to Open Early 2025Lock Icon

A Google Street View image of The Root Cafe's original location on South Main Street in Little Rock

The Root Cafe’s second location at Breckenridge Village in Little Rock aims to open after the new year. Hiring for both locations will begin soon.

Ruling on Former Business Partners Involves New LLC Act

Thomas Chapin, a Pulaski County real estate investor, must pay $1.1M to former partner Matthew Lamb and was judicially expelled from their LLCs under Arkansas’ updated 2021 LLC act.

Construction / Real Estate / Restaurants & Food

Pleasant Ridge & Pleasant Valley Pointe Apartments Sell for $31.7MLock Icon

West Little Rock apartments lead off this week’s collection of million-dollar real estate transactions and construction contracts. read more >

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Banking & Finance / Legal / Transportation

Brad Beech Sues Brother Over Trucking Company Stake & Embezzlement ClaimsLock Icon

The brothers teamed up to start a companion logistics company called Everyone On Time Safely Logistics LLC, with each owning half, according to a lawsuit filed in Pulaski County that has started the legal dispute over stake in one of the state’s fastest-growing trucking companies.  read more >

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Banking & Finance / Construction / Legal

Vilonia Businessman’s $400K Legal Battle Unfolds Amid Fraud AllegationsLock Icon

Ryan Saddler sues his former attorney Shane Henry, alleging fraud, malpractice, and unethical conduct over a $400,000 consent judgment and mismanagement of company finances. read more >

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Banking & Finance / Business Services / Education

Arkansas Proposes Changes to CPA Licensing Requirements to Address Industry DemandsLock Icon

New rules may be on the horizon, but for now, an aspiring certified public accountant in Arkansas needs 150 hours of college credit. That’s five years of schooling at the normal rate. read more >

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Agriculture & Poultry / Business Services / Construction

Trading Up: Arkansas Looks to Expand Workforce Training with Lottery-Funded Scholarships

Arkansas voters overwhelmingly approved using lottery funds for vocational scholarships, enhancing workforce development in high-demand trades. read more >

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Construction / Government & Politics / Health Care

Pediatrics Plus Draws $8.7M Transaction (Real Deals)Lock Icon

A 32,518-SF child development center in west Little Rock weighed in at $8.7 million. read more >

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Banking & Finance / Business Services / Education

CPA Licensing: The Path, the Test and the NumbersLock Icon

Arkansas may adopt a 120-hour CPA licensure path with two years of work experience, aiming to ease barriers and attract more candidates to the profession. read more >

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A Google Street View image of the Hampton Inn & Suites at 320 River Market Avenue in downtown Little Rock
Construction / Health Care / Nonprofits

Downtown Little Rock Hampton Inn & Suites Sells for $11MLock Icon

Explore Little Rock's latest million-dollar transactions, including hotel sales, luxury homes, and major commercial developments shaping the city's market. read more >

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Construction / Health Care / Real Estate

Storage Project Starts With $5.1M Purchase (Real Deals)Lock Icon

Discover key real estate transactions across Little Rock, from a $5.1M Riverdale Center sale to high-value homes, offices, and condos changing hands. read more >

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Banking & Finance / Industry

Encore Bank & Bank of England Up And Down in 2024

Encore Bank sees modest gains, Bank of England struggles with losses, and Bank OZK expands its southeastern footprint with new branches in Georgia and Florida. read more >

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Retail / Small Business / Tourism

Outdoor Gear Sales Slip in ’23 As Boom Retreats

After a pandemic-driven boom, Arkansas outdoor retailers face slow sales in kayaks, canoes, and big-ticket gear, due to inflation and shifting consumer habits. read more >

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Construction / Investments / Legal

Court Case Pits Hot Springs High-Rise Owner Against Penthouse HoldoutLock Icon

Parth Patel seeks to renovate Hot Springs' historic Medical Arts Building into a hotel, but a dispute over assessment fees with penthouse owner Melanie Chambers threatens the project. read more >

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Industry

Arkansas Transport Sector Sees Signs of Recovery

The freight recession may be easing as industry leaders like J.B. Hunt and ArcBest anticipate recovery, with excess capacity still impacting equilibrium. read more >

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Industry / Media & Marketing

AI, Ads and a Nod To Don Draper

Lannie Byrd, COO of Little Rock ad firm mhp.si, sees AI as a transformative tool for ad agencies, streamlining tasks like SEO and optimizing content, but emphasizes the continued need for human oversight. read more >

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Energy

Staying Out of an Energy Crisis (Hunter Field Editor’s Note)

Energy concerns are growing, and a diverse approach will keep us ahead of a shortfall. read more >

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Construction / Education / Energy

Scenes From Boyhood for Scenic Hill Solar’s Bill Halter

Climate United, of Bethesda, Maryland, is the green energy coalition that announced a $31.8 million investment in preconstruction financing costs for an 18-array solar development to power the university system. read more >

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Tornado damage in the area of Breckenridge Drive and North Rodney Parham Road in Little Rock on March 31, 2023
Real Estate

Insurance Companies Struggle with Record Losses on Arkansas Church PropertiesLock Icon

Church insurers in Arkansas faced heavy losses in 2023, with Church Mutual Insurance and Brotherhood Mutual Insurance reporting pure direct loss ratios of 197.72% and 141.5%, respectively. read more >

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Kum & Go Sale Tops $6M (Real Deals)Lock Icon

A 5,700-SF convenience store in west Little Rock weighed in at $6.07 million. read more >

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Media & Marketing

For the Birds (Hunter Field Editor’s Note)

Duck season starts this week, and many of us ought to look inward. read more >

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Banking & Finance / Insurance / Legal

Saline County Businessman Accused of Scamming Cousin Out of $390K Faces Bankruptcy BattleLock Icon

Ricky Don Angel borrowed $390,000 from his cousins Sharon and Rory Wadkins in late 2020, promising substantial returns but failing to repay the debt, which they now allege was secured through false pretenses. read more >

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THIS WEEK’S EDITION

This Week’s Stories View Digital Edition

EDITORS’ PICKS

Legal Justices’ Unauthorized Office Entry Prompts New Rules at Arkansas Supreme Court
Construction State Awards $10M in Site Development Grants
Real Estate Tanger Buys The Promenade at Chenal in $73M Cash Deal
Banking & Finance Home BancShares Sets Aside Another $16.7M to Cover Hurricane Loan Losses
Spotlight New Arkansas Rail Plan Aims to Boost Freight, Passenger Services by 2025Lock Icon
A file photo of Union Pacific trains
Technology Tech Meets Recovery: Bentonville-Based Sober Sidekick Reshapes Sobriety Support
Whispers Dillard’s Announces Special Dividend, Marking Largest Payout in Company HistoryLock Icon
Cover Story Crystal Bridges Expansion Moves Toward Finish LineLock Icon
Cover Story Rogers Revamps Zoning to Foster Mixed-Use Developments and Reduce Urban SprawlLock Icon
Arkansas Business Arkansas Sportswriter Bob Holt Dies at 65 After Postgame Collapse