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. Lawsuits and countersuits surrounding unpaid work on the...
View ArticleEl Dorado Building Its Hopes On Arts
EL DORADO — Austin Barrow escaped from El Dorado just after high school, pledging never to return. “I didn’t even wait the summer; I was gone,” he says, but he was just taunting fate. “I made the...
View ArticleKimbel Mechanical Moves Into Former Acumen Brands Space
Kimbel Mechanical Systems of Springdale moved into new digs at the start of this month. CEO Brad Smith said in an Executive Q&A with Arkansas Business on Feb. 13 that if he could change one thing...
View ArticleMaumelle's Modern Storage Sold for $3.3 Million
Mini-storage in North Little Rock and two warehouses in Little Rock provide our trio of multimillion-dollar transactions this week. • Modern Storage Maumelle Blvd LLC, led by Keith Richardson, bought...
View ArticleVouk Transportation Faces Foreclosure on NLR Headquarters
It looks like the logistics company Vouk Transportation Inc. of North Little Rock has hit another rough patch. Bank of Little Rock filed to foreclose on Vouk’s headquarters because it allegedly...
View ArticleWLR Office Building Attracts $3.2M Sale (Real Deals)
A 35,520-SF office building in west Little Rock weighed in at $3.25 million. Normandy Place LLC, led by Max Mehlburger, purchased the Markham Executive Center at 10201 W. Markham St. The seller is...
View ArticleBig and Small Solar Projects in Arkansas Follow the Sun
“Good Day Sunshine” blared over the loudspeaker, followed by “Keep on the Sunny Side” and “Walking on Sunshine.” Time to feel good? Absolutely, for Entergy Arkansas CEO Rick Riley and Armando Pimentel,...
View ArticlePicasolar CEO Doug Hutchings Has Big Reason for Staying in Arkansas
What keeps tech leader Doug Hutchings in Arkansas? The CEO of Fayetteville startup Picasolar says one anchor is a new capital campaign to raise $3 million for his business, which uses advanced...
View ArticleHarps Registers Nearly $5M Sale of Vilonia Store
A grocery store in Vilonia, a church in Benton, Burger Kings in Cabot and Conway, a west Little Rock manor and an auto project in Sherwood have assembled for a six-pack of multimillion-dollar...
View ArticleTexarkana Convention Center Buyer Makes Request for Reconsideration
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...
View ArticleConway Ranch Owners Accused of Default in Lawsuit
The ranch wrangling continues in Conway. That would be the legal tussling over a ranch-and-restaurant complex that led to foreclosure proceedings against Joanie White-Wagoner, administrator and vice...
View ArticleUS Housing Starts Fell 2.6 Percent in April
WASHINGTON — Construction of new homes fell for a second straight month in April, pushing activity to the lowest point in five months. Housing starts fell 2.6 percent in April to a seasonally adjusted...
View ArticleJobs Mix Keeps Unemployment Low in Faulkner County
The decline of the Fayetteville Shale cost jobs in Faulkner County, but a diverse economy led by sales, office and administrative professions continued to keep the unemployment rate near historic lows,...
View ArticleCrowne Plaza Hosts $13.5M Transaction (Real Deals)
A 244-room hotel in west Little Rock tipped the scales at $13.5 million. Crowne Plaza Little Rock LLC, led by Wally Allen, sold its namesake hotel at 201 S. Shackleford Road. The buyer is WLR Hotel...
View ArticleWatkins Printing Facility Sells for Nearly $5.5 Million
Two recent Little Rock real estate transactions topped the $5 million mark. • The Watkins Co., led by Richard Watkins, sold its namesake 162,970-SF printing facility at 11501 Otter Creek South Road for...
View ArticleFormer Deepwater Heir Continues Legal Battle of Will
Jordan Alexandra Peterson just can’t let it go. The 22-year-old who goes by Alex, if you’ve forgotten, is the daughter of Donna Herring, the Camden real estate agent who allegedly created a fake will...
View ArticleArkansas Blue Cross & Blue Shield Tops Big Private Companies List
Arkansas Blue Cross & Blue Shield of Little Rock, with revenue doubling in the past five years to nearly $2.5 billion, has taken the top spot on Arkansas Business’ annual list of the state’s...
View ArticleLegislation Filed to Expand Central High Site's Boundaries
LITTLE ROCK — Lawmakers in Washington have filed legislation that would expand the boundaries of the Little Rock Central High School National Historic Site. The measure was filed Tuesday by U.S. Sen....
View ArticleCorrugated Specialties of Fort Smith Buys Texas Plant
Corrugated Specialties of Fort Smith, a manufacturer of corrugated boxes and specialty packaging items, announced on Tuesday that it is purchasing Century Corrugated Container Corp. of Kilgore, Texas....
View ArticleHot Springs' Waters Hotel Joins Ascend Collection
The Ascend Hotel Collection by Choice Hotels International Inc. on Tuesday announced that The Waters at Hot Springs National Park would join its group of independent hotels and resorts. The 62-room...
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