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Hiren Patel

Rendering of the proposed Hyatt Place in downtown Hot Springs.
Investments / Legal / Real Estate

Texarkana Developer Behind Planned Hyatt Project in Hot SpringsLock Icon

The Hyatt Place project is planned for the former site of Ouachita Memorial Hospital, a location is owned by DIYA Hotels LLC, led by Dr. Hiren Patel. read more >
A Texas doctor wants the Texarkana A&P Commission’s incentive to continue.
Banking & Finance / Construction / Legal

Texarkana Convention Center Buyer Makes Request for ReconsiderationLock Icon

The Texas podiatrist who wants to buy the hotel and convention center on the Arkansas side of Texarkana out of bankruptcy asked a judge to reconsider the denial of some tax incentives tied to the project. read more >
In the center of Texarkana’s controversial funding issues is the Arkansas Convention Center at Crossroads Business Park.
Business Services / Construction / Government & Politics

Judge Approves Sale of Troubled Texarkana Convention Center

A U.S. District Bankruptcy judge last month approved the sale of the hotel and convention center on the Arkansas side of Texarkana. read more >
Banking & Finance / Business Services / Construction

Podiatrist’s Purchase of Convention Center Gives Texarkana Officials Cold Feet

A Texas podiatrist with a past that includes a federal conviction wants to buy the troubled Arkansas Convention Center & Holiday Inn out of bankruptcy — and that has some Texarkana officials on the Arkansas side concerned. read more >
In the center of Texarkana’s controversial funding issues is the Arkansas Convention Center at Crossroads Business Park.
Banking & Finance / Construction / Government & Politics

Midsouth Bank Accuses Arkansas Convention Center Owner of Fraud

MidSouth Bank of Lafayette, Louisiana, has asked a bankruptcy court judge not to allow Dr. Hiren D. Patel, who owns the Arkansas Convention Center & Holiday Inn in Texarkana, to be allowed to walk away from a $13.3 million debt he owes the bank. read more >
The Arkansas Convention Center in Texarkana, Arkansas, is owned by Hiren Patel (inset) and in Chapter 11 bankruptcy.
Banking & Finance / Construction / Legal

Texarkana Convention Center Could Soon Change Hands

Texarkana Hotels, owned by Dr. Hiren D. Patel, has entered into a $6.6 million purchase agreement with James J. Naples, and will be seeking the court’s approval of the sale. read more >
The Arkansas Convention Center in Texarkana, Arkansas, is owned by Hiren Patel (inset) and in Chapter 11 bankruptcy.
Banking & Finance / Legal / Real Estate

Financial Trouble Among Competing Convention Centers Split in Texarkana

MidSouth Bank of Lafayette will be paid proceeds from the sale of a Texarkana hotel which was sold through the bankruptcy of convention center investor Dr. Hiren Patel. read more >
The Arkansas Convention Center in Texarkana, Arkansas, is owned by Hiren Patel (inset) and in Chapter 11 bankruptcy.
Construction / Government & Politics / Health Care

Arkansas Convention Center Troubles Dog Texarkana Investor

Dr. Hiren D. Patel’s investments in a convention center and hotels on both sides of Texarkana have turned into one financial headache after another. read more >
In the center of Texarkana’s controversial funding issues is the Arkansas Convention Center at Crossroads Business Park.
Banking & Finance / Government & Politics / Tourism

Doctor Behind Arkansas Convention Center Files Chapter 11

Hiren Patel, the Texas doctor who developed the Arkansas Convention Center in Texarkana, Arkansas, filed Chapter 11 bankruptcy, adding to a string of setbacks for Patel and the convention center. read more >
In the center of Texarkana’s controversial funding issues is the Arkansas Convention Center at Crossroads Business Park.
Banking & Finance / Construction / Government & Politics

Convention Center Woes Still Splitting Texarkana

Before dueling convention centers became a thing in Jonesboro, they were a thing in Texarkana. And it’s not turning out well in Texarkana. read more >
Harold Boldt, the former city manager for Texarkana, Ark.
Government & Politics

Harold Boldt Is Resigning as Texarkana City Manager

Harold Boldt’s announcement came immediately after the city board’s approval of a $220,000 settlement of a whistleblower lawsuit filed by former city clerk Patti Grey. read more >
Former Texarkana, Arkansas, Mayor N. Wayne Smith, left, with Dennis Young and Tom Cabaniss at Crossroads Business Park in Texarkana.
Construction / Government & Politics / Legal

Texarkana Directors Feel Misled on Land Deals Made by City Manager

In the wake of a state audit, a criminal probe, a whistleblower lawsuit and an investigation by private citizens, the former mayor of Texarkana has concluded that he and other city directors were rooked. read more >
Harold Boldt, the former city manager for Texarkana, Ark.
Government & Politics / Legal

State Audit Finds Problems In Texarkana Development Deal

A state audit of the city of Texarkana's dealing with a hotel and water park developer found numerous apparent violations of state law and has been forwarded to the local prosecuting attorney. read more >
In the center of Texarkana’s controversial funding issues is the Arkansas Convention Center at Crossroads Business Park.
Business Services / Construction / Government & Politics

Liens, Looming Audit Put Texarkana Business Park Under More Scrutiny

Since Texarkana rehired its controversial city manager, the financial problems dogging Harold Boldt’s economic development projects have only deepened. read more >
Harold Boldt, the former city manager for Texarkana, Ark.
Construction / Government & Politics / Real Estate

$300K in Liens at Texarkana’s Arkansas Convention Center

Contractors have filed $300,000 in liens against the Arkansas Convention Center in Texarkana, Ark., owned by Hiren Patel, who's building the project with incentives championed by ousted, then re-hired, City Manager Harold Boldt. read more >
Construction / Tourism

Texarkana City Manager Seeks $2M For Park Project

Texarkana’s city management is seeking almost $2 million to fast-track a parking lot as part of the planned Holiday Springs Water Park in Texarkana. read more >
Harold Boldt, left, and Kenny Haskin said the planned water park on the Arkansas side will be a “game changer.”
Construction / Government & Politics / Real Estate

Texarkana Convention Center Showdown Ends in Dueling Developments

It was the best of times; it was the worst of times - but mostly the latter. In the mid-2000s, Texarkana's economy was slumping, and city leaders were searching for ways to prod it back to life. What ensued was a development race yielding two convention c read more >