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Scott Reed

The K Lofts project at 315 Main St.
Construction / Real Estate / Restaurants & Food

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 >
A rendering of improvements to the Hall and Davidson buildings at 201-215 W. Capitol Ave.
Banking & Finance / Business Services / Construction / Investments / Real Estate / Tourism

Hall-Davidson Combo Brings in $2.3 Million (Real Deals)Lock Icon

The $2.3 million purchase of adjoining buildings set in motion a multproperty redevelopment in downtown Little Rock. read more >
The Main Street Lofts, inside the old M.M. Cohn Co. building at 510 S. Main St., is behind schedule. It's one of developer Scott Reed's projects.
Banking & Finance / Real Estate

$2.1M Sale Visits M.M. Cohn Building (Real Deals)Lock Icon

Ownership of a 62,688-SF building in downtown Little Rock shifted in a transaction valued at $2.13 million. read more >
A rendering of improvements to the Hall and Davidson buildings at 201-215 W. Capitol Ave.
Construction / Investments / Real Estate / Tourism

Hall and Davidson Buildings Sold for $2.3 MillionLock Icon

The expected sale of the Hall and Davidson buildings at 201-215 W. Capitol Ave. in downtown Little Rock recently closed. read more >
The Main Street Lofts, inside the old M.M. Cohn Co. building at 510 S. Main St., is behind schedule. It's one of developer Scott Reed's projects.
Banking & Finance / Construction / Legal / Real Estate

Financial Cleanup Continues in Main Street Lofts MessLock Icon

More pieces have surfaced in the financial workout of the Main Street Lofts project in downtown Little Rock. read more >
Jonathan Shively, president of Central Construction Group, general contractor for the Clayton on Scott apartment project.
Banking & Finance / Construction / Legal / Media & Marketing / Nonprofits / Real Estate / Restaurants & Food / Retail / Tourism

Little Rock Looks Up: 7 Downtown Projects Set to Open by Year’s EndLock Icon

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 >
The K-Lofts, located at 315 Main St., are yet to be completed but are planned to include 32 apartments plus 10,000 SF of restaurant space.
Banking & Finance / Construction / Legal / Real Estate

New Loan in the Works for K Lofts

A new loan from an Alabama lender for the long dormant K Lofts development in downtown Little Rock was supposed to close last week. read more >
A rendering of improvements to the Hall and Davidson buildings at 201-215 W. Capitol Ave.
Construction / Real Estate / Restaurants & Food / Retail

Rock Capital to Develop $16M-$17M Downtown Little Rock Hotel

Rock Capital Real Estate of Little Rock says it is buying the historic Hall and Davidson buildings at 201-215 W. Capitol Ave. with plans to develop a boutique hotel. read more >
Scott Reed’s 42,000-SF K Lofts project at 315 Main St., above, and the 3-building, 125,000-SF Main Street Lofts  project at 510-524 Main St. have drawn lien claims for unpaid work by contractors. The historic redevelopments in downtown Little Rock also are many months behind schedule  with unfinished construction remaining.
Banking & Finance / Construction / Legal / Real Estate

Creek Capital Takes Over K Lofts Loan

A new player has entered the financial fray at the dormant K Lofts development in downtown Little Rock. read more >
The Main Street Lofts project consists of three buildings. Shown in inset: Scott Reed, Manly Roberts
Construction / Legal / Real Estate / Tourism

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 >
Scott Reed’s Main Street Lofts project at 510-524 Main St. adds to his track record of overreaching, underfinanced, subsidy-supported, unfinished redevelopments.
Construction / Legal

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 >
Scott Reed’s 42,000-SF K Lofts project at 315 Main St., above, and the 3-building, 125,000-SF Main Street Lofts  project at 510-524 Main St. have drawn lien claims for unpaid work by contractors. The historic redevelopments in downtown Little Rock also are many months behind schedule  with unfinished construction remaining.
Banking & Finance / Construction / Legal / Real Estate

Scott Reed Faces New Foreclosure Over K Lofts

IberiaBank of Lafayette, Louisiana, sued to recover more than $1.4 million owed on an original June 2013 loan of $1.3 million to Scott Reed's K Lofts project. read more >
Scott Reed’s Main Street Lofts project at 510-524 Main St. adds to his track record of overreaching, underfinanced, subsidy-supported, unfinished redevelopments.
Banking & Finance / Legal / Real Estate

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 >
The K Lofts project at 315 Main St.
Construction / Legal / Real Estate

AMR Files Foreclosure Suit Against Scott Reed Over Little Rock Lofts

AMR Construction LLC escalated its efforts to collect money from “developer” Scott Reed of Portland, Oregon. read more >
The Main Street Lofts project consists of three buildings. Shown in inset: Scott Reed, Manly Roberts
Banking & Finance / Construction / Legal / Real Estate / Tourism

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 >
The Main Street Lofts, inside the old M.M. Cohn Co. building at 510 S. Main St., is behind schedule. It's one of developer Scott Reed's projects.
Construction / Legal / Real Estate

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 >
Manly Roberts
Banking & Finance / Construction / Legal / Real Estate

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 >
Scott Reed at the relaunch of K Lofts in 2013.
Construction / Legal / Real Estate

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 >
Scott Reed at the relaunch of K Lofts in 2013.
Construction / Legal / Real Estate

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 >
Scott Reed’s Main Street Lofts project at 510-524 Main St. adds to his track record of overreaching, underfinanced, subsidy-supported, unfinished redevelopments.
Construction / Legal / Media & Marketing / Real Estate / Tourism

AMR Construction Wins Main Street Arbitration Case

The general contractor on Little Rock’s troubled Main Street Lofts project has been awarded $896,756 in its arbitration case. read more >