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Texarkana Hotels LLC

David Peavy, who is developing the 1894 City Market project in downtown Texarkana, Arkansas, thinks the city is on the “brink of being able to recreate itself.”
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Texarkana Project Expected to Propel Downtown GrowthLock Icon

After a decade of hope and false starts, the revitalization of downtown Texarkana achieved a breakthrough with the sale July 31 of the historic Hotel Grim to a housing development group. read more >
A Texas doctor wants the Texarkana A&P Commission’s incentive to continue.
Banking & Finance / Construction / Legal / Real Estate / Tourism

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 >
The Arkansas Convention Center in Texarkana, Arkansas, is owned by Hiren Patel (inset) and in Chapter 11 bankruptcy.
Banking & Finance / Legal / Real Estate / Tourism

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 / Investments / Legal / Real Estate / Tourism

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 >
The convention center above is attached to the nearly complete Holiday Inn at Crossroads Business Park. The development of this and the water park were made possible by milions of dollars of incentives pledged to a local developer, who owns the facilities and most of the property. 
Government & Politics / Legal / Tourism

Texarkana Hotel Group to Pay $915K

A settlement has been reached between a Texarkana hotel owner and the contractors who built the city's new convention center and hotel. 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 / Media & Marketing / Tourism

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 >