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Pyramid Lofts Take Shape in $3.8M Redevelopment

A long-vacant office building in downtown Little Rock is undergoing a mixed-use makeover dominated by apartments.

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July Sales of New Homes Surge 13.9%, Far More Than Thought

Sales of new homes jumped again in July, rising 13.9% as the housing market continues to gain traction following a spring downturn caused by pandemic-related lockdowns.

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Partnership with Jonesboro Anchor Buys Real Estate Firm in Conway

Steve Doty, the owner of ERA Doty Real Estate in Jonesboro, has partnered with an out-of-state franchisee he befriended 15 years ago to acquire ERA Team Real Estate in Conway.

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Firm Breaks Ground on $10.9M Long-Term Care Facility in Walnut Ridge

Southern Administrative Services breaks ground on a $10.9 million nursing home development in Walnut Ridge, the Green House Cottages of Walnut Ridge.

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Get Tickets for Arkansas Business' Women's Leadership Summit in Jonesboro

Arkansas Business is holding its first Women's Leadership Summit Oct. 8 in Jonebsoro, and tickets to the virtual event are available now.

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Jonesboro Economy Keeps Distance From Pandemic Woes

After a few months of dormancy, Jonesboro's economy is getting up to speed as business owners and developers use unexpected savings, federal stimulus money and assistance programs to build, enhance and...

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Amazon to Open Delivery Station in Maumelle

Amazon of Seattle will open a new delivery station at 400 Sharkey Drive in Maumelle later this year, creating "dozens" of full-time and part-time jobs, the company says.

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Aspen Mini Storage Sells for $6.7M (NWA Real Deals)

Steve Juiris bought the 8-acre, 300-unit site on North Broyles Street from 3B Storage LLC, led by Alex Baumeister, Patrick Byrd and Charles Burford.

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Black-owned Businesses in the U.S. Make Up 2.2% of Employer-owned Firms

Blacks owned 124,004 employer businesses (firms with at least one paid employee) in 2017, or 2.2% of the 5.7 million employer businesses in the United States, according to the 2018 Annual Business...

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SoMa Stays Social While Socially Distant

Restaurateurs come together at the SoMa Outdoor Dining Room in the parking lot at the southeast corner of 13th and Main streets in downtown Little Rock.

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Little Rock Funeral Home Registers $1.7M Sale (Real Deals)

Little Rock Funeral Home is now part of Smith Family Funeral Homes after a recent purchase.

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Schwyhart Meltdown Followed Hunt’s Exit

Thirteen years ago, word began leaking out that one of the most dynamic commercial development partnerships in fast-growing northwest Arkansas was breaking up.

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Protests Fail to Boost Black-owned Businesses

Social media campaigns urged consumers to buy goods and services from Black-owned businesses following protests against racism and police brutality. But several African American business owners told...

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East End Hardware, Equipment Properties Sold for $1.7M

Sanders Ace Hardware and Central Arkansas Mahindra, both on Arch Street in East End, were purchased for nearly $1.7 million.

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Arkansas Hotel Industry Seeks Federal Help As Travel Sags

The hotel industry in Arkansas and nationwide is lobbying Congress for relief, as it reports less leisure travel and “nonexistent” business and convention travel amid the ongoing COVID-19 pandemic.

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Arkansas Business Announces 'Best Places to Work' Honorees, Online Event

Arkansas Business will honor more than 40 companies designated among this year's "Best Places to Work" during an interactive online ceremony in November.

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City, UA Little Rock Take Steps to Improve Asher Avenue Properties

Little Rock city officials announce revitalization plans for the Asher Avenue corridor, and the University of Arkansas at Little Rock announces redevelopment plans for its University Plaza shopping...

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Fed's 'Biege Book' Finds Widespread Pessimism About Economic Future

The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus.

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Chicago Firm Acquires Surgery Center in Little Rock

Stage Equity Partners LLC of Chicago, a private real estate investment firm that focuses on health care real estate, has acquired a 10,000-SF ambulatory surgery center in Little Rock.

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The 2020 20 In Their 20's: The Future Looks Bright From Here

From Rogers to Jonesboro to Benton and McCrory, there is bright young talent across our state. For the 11th year, Arkansas Business is proud to introduce 20 of the freshest faces in business and...

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