Main Street Lofts
Metro Little Rock’s Luxury Units Bridge the Generation Gap
Millennials and young professionals who ignited the luxury apartment boom in central Arkansas are now living with people their parents’ age. read more >
by Kyle Massey -
K Lofts Apartments Renamed, to be Leased in October
Moses Tucker Real Estate announced Tuesday that the K Lofts apartments at 315 Main St. in downtown Little Rock are complete and will start leasing in October under a new name, Mulberry Flats. read more >
Financial Cleanup Continues in Main Street Lofts Mess
More pieces have surfaced in the financial workout of the Main Street Lofts project in downtown Little Rock. read more >
Little Rock Looks Up: 7 Downtown Projects Set to Open by Year’s End
A flurry of behind-the-scenes activity indicates a restart is in the works for a key part of the Creative Corridor in downtown Little Rock. read more >
by George Waldon -
AMR Ready to Turn Arbitration Award Against Main Street Lofts Developers Into Judgment
AMR Construction LLC, general contractor on the Main Street Lofts project, is back on track to convert an $896,756 arbitration award to a judgment in Pulaski County Circuit Court. read more >
Fleming Structural Settles Suit Over Main Street Lofts
An 11th-hour settlement ended a long-running money dispute related to the troubled Main Street Lofts project in downtown Little Rock. read more >
Foreclosure Hearing Delayed Amid Possible Main Street Lofts Sale
A court hearing that would have kept the foreclosure train moving on the Main Street Lofts project was postponed Friday morning. read more >
by George Waldon -
Main Street Lofts Could Find Buyer Before Foreclosure
A sale may be in motion at the money-troubled Main Street Lofts. This latest version involves all three buildings at the downtown Little Rock project. read more >
Main Street Lofts Asks for Clarification in Arbitration
Before a general contractor’s foreclosure action begins, Main Street Lofts LLC and Main Street South LLC asked an arbitrator to split the $896,756 award for unpaid work between properties. read more >
Arbitration Reveals Wide Leeway in Scott Reed Contracts
When AMR Construction landed an arbitration award for unpaid work on the Main Street Lofts project in downtown Little Rock, the ruling provided a glimpse into the chaotic development world of Scott Reed, who led the ownership group and oversaw the project. read more >
AMR Construction Begins Foreclosure Action on Main Street Lofts
Little Rock’s AMR Construction LLC staked a priority claim to recover $896,756 for unpaid work on the unfinished three-building, 125,000-SF redevelopment at 510-524 Main St. read more >
by George Waldon -
Developers Want Delay of AMR Arbitration Payment
Main Street Lofts developers are trying to slow a judicial ruling on an unfavorable arbitration outcome. read more >
Mayor Mark Stodola Looks to Keep Main Street Makeover Moving
A mix of retail and of-fice buildings that decades ago were part of the city’s historic commercial core have combined with new construction to recast a string of properties. A foundation of restaurants, apartments and the performing arts will be joined by a high-rise hotel redevelopment and the Little Rock Tech Park. read more >
by George Waldon -
Scott Reed Owes Over $35K in Delinquent Property Taxes
The West Coast real estate adviser with historic re-development aspirations owes a combined $35,546 on four Main Street buildings. The biggest tab is $14,397 owed for 2012-13 taxes plus penalty and interest on the 62,688-SF M.M. Cohn Building at 510 Main St. read more >
Lawsuit, Liens Hit Scott Reed’s Main Street Projects
Contractors have more than $1.5 million in claims for unpaid work on two unfinished Main Street redevelopments in downtown Little Rock. The liens and lawsuit add to a track record of overreaching, underfinanced, subsidy-supported development in the city. read more >
by George Waldon -
Kent Walker Artisan Cheese Rebounds After Disaster
Six months after an equipment failure spoiled 2,500 pounds of carefully handcrafted cheese — his entire inventory, worth about $60,000 retail — Kent Walker is looking into the future, and, he says, it’s bright. read more >
by Jan Cottingham -