Hank Kelley
Arkansas Developers Push for TIF Legislation to Compete with Neighboring States
Arkansas economic developers are pushing for legislation to allow state incentives for commercial projects, including tax breaks they say are needed to even the field in competing with neighboring states. read more >
by Mark Friedman -
Little Rock Unveils Ambitious Downtown Revitalization Plan
The $750,000 study will go to the Little Rock Board of Directors for final approval. read more >
by Mark Friedman -
City Refresh: Little Rock, North Little Rock Downtowns See Redevelopment Momentum
Redevelopment activity is on the rise across the downtowns of Little Rock and North Little Rock with apartment, townhomes and reimagined historic buildings. read more >
by George Waldon -
Agri Acreage Reaps $8.2M Transaction (Real Deals)
Tyler Investments Inc., led by Becky Winemiller, purchased the 1,742-acre spread in east Pulaski County. read more >
by George Waldon -
New Breckenridge Restaurants Give Updated Opening Dates
The March 31, 2023, tornado delayed the redevelopment of Breckenridge, but progress is being made. read more >
Seeking the New Normal (Lance Turner Editor’s Note)
Remote work may change office real estate, but Arkansas could escape the worst of the fallout. read more >
by Lance Turner -
The Office-Push Pull: Homebodies Still Occupy Sizable Job Space
The trend is clear: A significant amount of remote work is still happening since the pandemic, and employers and commercial property owners are working to find the new normal for office space. read more >
by George Waldon -
Update: Breckenridge Village Redevelopment
“No one expected a tornado. I guess you never do," said Tommy Keet, who still has transformational plans for the retail center. read more >
Little Rock Retail Sites Make Plans to Rebuild After Storm Damage
Three major west Little Rock retail centers waylaid by an EF3 tornado on March 31 are looking to regroup and rebuild. read more >
by George Waldon -
Little Rock Task Forces to Examine Downtown Density, Food Deserts
The panel focused on urban density will look at parking and residential and commercial development downtown. read more >
Aging LR Commercial Centers Get a Refresh with New Development
Hopeful new tenants at Breckenridge Village, the Riverdale Center and Pavilion in the Park share a new vision for how aging commercial properties can bring back customers. read more >
by George Waldon -
Regal UA Breckenridge Faces Ticket Troubles
Battered by the pandemic, a cinema mainstay in west Little Rock’s Breckenridge Village Shopping Center, is battling financial woes. read more >
by George Waldon -
Owners See Breckenridge Village As ‘Restaurant-centric’ Destination
Restaurants both local and national have expressed interest in the center, said Jim Keet, chairman of JTJ Restaurants of Little Rock. read more >
by Jan Cottingham -
McCain Plaza Rings Up $31M Transaction (Real Deals)
An affiliate of American Realty Capital purchased the 314,236-SF retail center in North Little Rock. read more >
by George Waldon -
The Downtown Connection (Hank Kelley Commentary)
Downtown Little Rock has changed for the better, thanks to the combined efforts of city leaders and the private sector championing progress. read more >
by -
Preylock Bags Amazon Distribution Center for $169M (Real Deals)
An affiliate of Preylock Holdings of Los Angeles acquired the Amazon fulfillment center at 13001 U.S. 70. read more >
by George Waldon -
Bank Branch Flipped to Pharmacy in The Heights
A fortuitous real estate flip in the Heights area of Little Rock opened the door for a long-standing neighborhood business to transition from tenant to owner. read more >
Cantrell West Building Surpasses $10.3M (Real Deals)
A local investment group buys the 55,304-SF office building in west Little Rock from Cantrell West Properties LLC, led by Thomas Vaughan Jr., and JPMS Properties LLC, led by Bryan Jeffrey. read more >
by George Waldon -
Frenchman’s Woods Sale Tops $9.5M (Real Deals)
Affiliates of the Read Property Group of Brooklyn, New York, bought 31 buildings in seven transactions of the North Little Rock apartment complex. read more >
by George Waldon -
Walgreens Development Prescribes $6M Sale (Real Deals)
The 14,880-SF Walgreens in Little Rock was purchased by a company from Oakland, California. read more >
by George Waldon -
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