Lindsey to Build 240 Fayetteville Apartments

Lindsey Construction Co. of Fayetteville on Oct. 18 secured a loan of $9.5 million from First National Bank of Fort Smith to add more apartments in Fayetteville.

The Shiloh Apartments will have 240 units — 160 two-bedroom and 80 one-bedroom units. They will be located on a 17-acre site on Shiloh Drive, just south of Wedington Drive at Jewell Road.

The apartments will offer floor plans ranging from 545-666 SF in one-bedroom units and 793-1,043 SF in two-bedroom units. They will rent from $435-$595 per month.

Each apartment will be equipped with central heat and air, carpet, vinyl, a full-size washer and dryer, dishwasher, frost-free refrigerator with ice maker, oven, microwave, range, garbage disposal, ceiling fans and bar stools. Other amenities at the complex include a clubhouse with exercise room, weight room, swimming pool, playground, tennis court and basketball court.

Site work on the project has begun with the first buildings expected to be available to rent in March.

Israel Continues Commercial Construction

Ben Israel of Signature Square LP on Oct. 9 secured a loan of $3.08 million from First State Bank of Lonoke to begin construction at a northeast Fayetteville business park.

Phase II of Signature Square is on five acres just north of Paradise Valley Athletic Club on Joyce Boulevard. Israel’s Dixie Construction Co. will eventually build four 10,000-SF commercial buildings at Signature Square. They will have a unique, lease-to-own plan for tenants.

Israel also developed nearby Commerce Park, just west of Paradise Valley.

Ro-Ark Gets Permit for New Printing Facility

Ro-Ark Printing Inc. on Nov. 8 purchased a building permit valued at $2.84 million for its new printing facility in Rogers.

Ro-Ark will move from its existing location at 555 N. 13th St. to 1600 N. 35th St., just south of Bekaert Corp. and next to the new Stribling Packaging facility.

Ro-Ark, which was founded in 1974, will move early next year into its new 90,176-SF building. Nabholz Construction Corp. of Rogers is the general contractor on the project. Ro-Ark and Stribling are moving their facilities to a 17.5-acre tract of commercial property. Stribling will be at 1603 N. 35th St.

ARC Construction to Build 400 Homes at Windwood

ARC Construction of Centerton on Oct. 12 got a loan of $2 million from First Western Bank to build another phase of a southwest Bentonville subdivision.

Windwood will have about 400 homes around SW 15th, SW 16th and SW 17th streets. Phase I of Windwood already has lots sold. Lots in phase II recently opened and phase III development is expected to begin before December.

The homes at Windwood will range from 1,500-1,800 SF and possibly larger. They will be priced from about $95,000-$115,000. The lots will include fully sodded yards, while the houses will include full-brick, maintenance-free exteriors, ceramic tile, cherry cabinets and architectural shingles on the roof. Some will have whirlpool baths.

Faulkner Hits Grand Slam with Mercantile Purchase

Grand Slam Stores LLC on Oct. 15 got a loan of $1.35 million from Regions Bank of Fort Smith to purchase one of Fayetteville’s most expansive convenient stores.

David Faulkner, president of Grand Slam Stores, was the operations manager for Jim Lindsey and Clark McClinton in their convenience store business for 15 years. Faulkner and his partners at Grand Slam Stores purchased the Mercantile store from Lindsey and McClinton at 2750 Mission Blvd. — on the northwest corner of Arkansas Highway 265 and Arkansas Highway 45.

The store’s name will remain Mercantile for the time being. Mercantile has a full-line lunch and breakfast restaurant. Faulkner said the store has its own secret breading recipe for its chicken.

Mercantile opened in 1988. Grand Slam Stores has also purchased a convenience store in Anderson, Mo., and is expected to close soon on stores in Fort Smith and Pocola, Okla. It is building another one in Fort Smith and possibly one in Conway.

Schultz Adding Several Fayetteville Apartments

Dale Schultz Investments & Development recently purchased four building permits valued at a total of $1.29 million for several multi-family units in west Fayetteville.

Located near Asbell Elementary School on West Preservation Drive, the 10-plexes will have units around 650-750 SF each.

River Valley Gets Financing for More Meadows Homes

River Valley Homes and President Marty J. Haest Jr. on Sept. 27 secured a loan of $926,700 from Bank of America to build more home at an east Springdale subdivision.

Northeast Meadows subdivision will have homes ranging from 1,480-1,660 SF.

River Valley Homes purchased 36 building permits in the summer to build homes on Timberline Avenue, Moody Lane, Prairie Street, Pioneer Street and Colt Avenue.

Girl Scouts Excited About New Facility

NOARK Girl Scouts Council on Oct. 15 purchased a building permit valued at $698,000 for its future home.

The organization has been located in Springdale for almost 20 years, but will move to its new home in Fayetteville next spring.

Marinoni Construction Co. is building the two-story, 5,898-SF building on the corner of Park Oaks Drive and Joyce Boulevard about a half-mile east of College Avenue. Its new address will be 2080 Joyce Blvd.

Susan Hartman, director of development for NOARK Girl Scouts, said the new building should be ready for occupancy by mid-April, “depending on how furry the caterpillars get.” There was a groundbreaking ceremony held Oct. 31.

Hartman said the existing facility is less than 2,000 SF.

When she came to the group five years ago there was a staff of five on hand, but it has grown to 12 since then. The new site will have a meeting room on each level and will be handicapped accessible.

There are about 4,700 girls and 1,600 volunteers involved in NOARK Girl Scouts.

Troops will now be able to purchase uniforms and badges on site instead of ordering them.

Tarvin is Include

Joe Tarvin was inadvertently omitted as one of the principals from McClelland Consulting Engineers Inc. from the Northwest Arkansas Business Journal’s annual list of architectural and engineering firms.

Tarvin joins Johnny Quinn, Robert White, Wayne Jones and Fred Schlegel as principals with McClelland, the fifth-largest firm in Northwest Arkansas.