Cooper Creates Shopping Center (Real Deals)

Nabholz Construction Corp. of Conway recently bought a building permit valued at $4 million to build a 52,000-SF shopping center off Sixth Street in Fayetteville.

Cooper Realty Investments Inc. is the developer of the 7.2-acre retail project called the Sixth Street Shoppes.

Hight-Jackson Associates of Rogers is the architect. Ozark Engineering of Bentonville is the engineer.

Cooper Realty would not disclose its project financing, and mortgage records were not yet available. Tom Holiman of Harris McHaney Realtors in Rogers is the leasing agent, although Cooper would also not disclose base lease pricing on the project.

Space should be available for occupancy by late fall. Cooper Realty has only one 1.5-acre out-lot available for sale, and that lot is under contract with an undisclosed financial institution.

East Buffet will occupy 7,700-SF of the center.

Cooper bought the strip-center land for $2 million in September from David Darr, David Cummings and Cummings’ entity DMC3/ DKD LLC.

Cooper is finishing the 68,000-SF expansion of a 267,000-SF shopping center called Jackson Plaza in Cookeville, Tenn.

Cooper is also working on a 43-acre mixed-use commercial development in Olive Branch, Miss. The latter is in the early planning stages and has yet to be named.

Crossland Flies With Fletcher

Crossland Construction Co. of Columbus, Kan., recently bought a building permit valued at $1.8 million to start construction on a new facility for Frank Fletcher Chevrolet.

Fletcher Chevrolet plans to move from its current 4-acre facility on Springdale’s Thompson Street to a 12-acre site at the northeast corner of Interstate 540 and Elm Springs Road. The dealer will occupy seven of the 12 acres and will have room for another franchise to come in.

Crafton Tull & Associates Inc. is the civil engineer. Miller Boskus Lack Architects PA of Springdale is the architect.

The new site will more than double the company’s showcase area and will expand its service bays from 16 to 21.

Fletcher Auto Group of North Little Rock, of which Frank Fletcher is a principal, owns Frank Fletcher Chevrolet. Fletcher Auto Group also owns Chrysler-Dodge, Honda and Kia dealerships.

Fletcher Chevrolet leases its current space, which was built in the 1970s. It plans to sell lower-priced used vehicles on the site during the remainder of its lease at the Thompson Street property.

Cathedral Breathes New Life Off Millsap

Christian Life Cathedral of Northwest Arkansas recently bought a building permit valued at $1.36 million to build a 9,000-SF youth center at its 65,000-SF Fayetteville facility. The church is also renovating a 5,000-SF office building at the site off Millsap Road.

Miller Boskus Lack Architects PA of Springdale is the architect.

Jorgenson & Associates Engineers & Surveyors of Fayetteville is the engineer. Arvest Bank-Springdale is financing the project, which should be complete by October.

Red Dixon, who is Christian Life’s pastor along with his son, Steve Dixon, said church members are donating much of the construction labor.

Christian Life Cathedral was founded in 1984 and moved into its existing location in 1985. It owns about 20 acres. Red Dixon said the church bought the first piece for $10,000 per acre and the last acre for $200,000.

The 3,000-member church plans to build a 10,000-SF office building in the near future.

Nabholz Picks Homestyle

Nabholz Construction Corp. of Rogers recently bought a building permit valued at $1.3 million to build a 15,344-SF addition to the Homestyle assisted living center off Orchard Street in Springdale.

Wade Cothran of HSAL LLC is the owner of Homestyle. Jordan & Associates of Fayetteville is the architect. Engineering Services Inc. of Springdale is the engineer.

Keith Austin Construction of Fayetteville was the site contractor.

Homestyle did not respond to repeated requests for additional information.

Big Springs Brings Cabins

Bartlesville, Okla.-based Consolidated Construction of Northwest Arkansas is completing site work valued at $1 million in The Cabins at Big Springs subdivision.

The development is located about five miles west of Gravette off Beaty Road.

Big Springs LLC, of which Charles Rateliff and Doug Sperber are principals, is the developer of the 580-acre project.

Plans call for up to 90 cabin homes that will range from 2,000 SF to 3,300 SF and will sell from $120 per SF, furnished. Phase I will contain 21 homes.

In addition to cabin homes, buyers will get shared access to all 580 acres surrounding the secluded lots. The acreage will include interactive walking trails, lakes and conservation areas, in addition to equestrian facilities.

Big Springs’ “turn-key” approach will offer property management services and concierge services to the homeowners.

Big Springs bought the acreage for a combined $1 million from Robert and Esperanza Boehm and from an entity called MJS Inc.

Arvest Bank-Bentonville financed the land purchase.

ANB Financial N.A. of Rogers is financing construction.

Big Springs will sell the homes and serve as the general contractor.

Hardesty Mixes Concrete Digs

Hardesty Co. recently bought two building permits valued at a combined $999,485 to expand its concrete facility off Southeast Fifth Street in Bentonville.

The new construction will replace some existing facilities and improve older ones. The company has been at that location for 13 years.

Roger Hardesty owns the Hardesty Co., which does business as Mid-Continent Concrete Inc. The Tulsa-based company has 31 concrete facilities throughout Oklahoma and Arkansas, and it employs about 400.

The construction is being financed internally.

Architecture and engineering information was not available.

Kershner Sells In Salem Sub

Kershner Companies Construction Inc. recently bought five building permits valued at a combined $800,000 to build homes in Fayetteville’s Salem Village subdivision.

Travis Kershner of Kershner Properties owns Kershner Companies Construction, which is a new branch of the seven-year-old development and management firm.

The homes will range from 1,500 SF to 1,700 SF and will sell from $100 per SF. Lots average 0.11 acres. The steel-siding homes will be three or four bedrooms and 2.5 baths.

ANB Financial N.A. is financing the construction.

Kershner Construction will build homes on lots 67 through 71, which it bought for $36,000 each.

Kershner is also the developer of a two-story, 17,400-SF office building under construction in the Steele Crossing subdivision in Fayetteville. Wilkins Construction Inc. of Jacksonville is the general contractor on that building. The building will be complete in mid-September and will lease from $15.50 per SF.

Kershner said the building is about 50 percent leased.

Built-Steel Holds In Cross Keys

Built-Steel Construction Co. of Prairie Grove recently bought four building permits valued at a combined $787,801 to build homes in the Cross Keys subdivision of Fayetteville’s 46th Street.

Cross Keys is connected to the Rupple Row subdivision.

Mitch Nall is the owner of Built-Steel, which will build eight homes in Cross Keys.

The homes will range from 2,300 SF to 2,500 SF and sell from $115 to $120 per SF. They will feature granite countertops, tile and hardwood flooring, crown moldings, a 90-percent brick exterior, all-steel framing and sodded lawns.

Lots average 0.26 acres and sell from $55,000. Homes are a minimum of 2,200 SF.

First Federal Bank of Arkansas in Rogers is financing the construction. Charlie Sloan of Sloan Properties is the developer of the subdivision.

Jorgenson & Associates Engineers & Surveyors in Fayetteville is the project engineer. Tomlinson Asphalt Co. is the site contractor.

Flintco Finds New Space

Flintco Inc. recently started site construction for its new 6,500-SF headquarters at 184 Fantinel Drive in Tontitown’s Fantinel Business Park.

The $600,000 project is scheduled to be complete in January.

Crafton Tull & Associates Inc. is the architect and civil engineer.

Flintco will occupy the entire building.

Since January, the company has hired about 24 people bringing the local staff to about 50. Flintco is a subsidiary of The Flintco Cos. in Tulsa.

Arvest Bank-Tulsa is financing the development. Flintco bought the one-acre lot in April from Martin and Peri Trudell for $200,000.