Sparks Medical Center Opens New Renaissance Building (Real Deals)

Sparks Regional Medical Center in Fort Smith is putting the final touches on its new $40.4 million Renaissance Building, which opened to new patients on Ma-rch 10.

The Renaissance addition will add 142,000-SF to the existing Sparks Regional Medical Center, which is located at 1001 Towson Ave. in Fort Smith.

The first floor of the addition will house The Boreham Emergency Center. The expansion will help the hospital increase its emergency room capacity by more than 30 percent. It will have four triage rooms, six Fast Track rooms, two trauma rooms, seven cardiac rooms, 18 exam rooms, one psychiatry room and two negative-pressure isolation exam rooms.

The second floor will house the medical imaging department and the cardiovascular catheterization laboratory, which will have two cardiac catheterization labs. There will be more than 44,000 SF of undeveloped space on the second floor for future expansion.

BE&K Building Group out of Brentwood, Tenn., is the general contractor for the project and American Health Facilities Development Inc., also based in Brentwood, is the project manager.

Johnson Johnson Crabtree Architects PC served as the architectural firm for the project and Howell & Vancuren Inc. of Tulsa was the landscape architecture firm.

Hawkins-Weir Engineers Inc. was the civil engineering firm, TME Corp. was the mechanical engineering firm and EMC Structural Engineers PC was the structural engineering firm. 

Signature Sells Springdale Space

Ben Israel, through his Signature Properties LTD, sold Phase II of his Signature Square commercial development located at 2323 S. Old Missouri Rd. in Springdale, to Gary Combs and Bob Gaddy, through their 265 Properties LLC for $2.8 million on January 18.

The 5-unit development has 62,399-SF of commercial retail and restaurant space. It also includes a 10-lane bowling alley and a 24,830-SF convention center.

First State Bank in Fayetteville foreclosed on the property in October 2007 for $2.9 million.

The buildings were constructed in 2003.

Bradberry Builds Residence, Office 

Crossland Construction Co. is serving as the general contractor for a 10,000-SF, six-story office/residential building located at 5 W. Mountain St. in downtown Fayetteville. The project is expected to cost about $2.5 million.

Ed and Karlee Bradberry are the developers for the project.

Upon completion the top three floors will serve as the Bradberry’s private residence. The living space is about 4,000-SF.

The first floor will be used for mechanical space and the middle two floors will be office space.

The combined area for the bottom three floors is 6,000-SF.

The building technically has seven stories but the seventh story is a mezzanine in the upper, residential part of the building. The building is located in Fayetteville’s Main Street Center District, which has a maximum height clause that prevents buildings located in the district being more than six stories or 84 feet tall. Bradberry’s building, with the mezzanine measures less than 84 feet.

Amirmoez Foster Hailey Johnson Architects & Planners in Fayetteville served as the architect for the project.

The building’s exterior will be predominantly brick with synthetic stucco and will have multiple sunshades.

The new building will replace a 500-SF building that previously occupied the address.

Ed Bradberry is the president and CEO of B&B Resource Inc. in Fayetteville. 

Heath Family Heaves Fayetteville Home

Stan and Ramona Heath sold their Fayetteville home on Jan. 28 to Robert and Glenda Cantrell, co-trustees of the Cantrell Family Trust, for $890,000.

The 6,121-SF, two-story home was built in 2003 and appraised for $1.2 million in 2007. It is located at 2710 N. Candlewood Dr. in the Candlewood Subdivision in north Fayetteville, east of Arkansas Highway 265.

The home has six bedrooms, five full-bathrooms and two half-bathrooms.

The home sits on 1.38-acres and has a heated, in-ground swimming pool.

Stan Heath was the former University of Arkansas men’s basketball head coach.

Janet Mitchell with Griffin Company Realtors was the listing agent. Colonial Title Co. closed the sale.

Mike Sitton Snags Beaver Lake Property

Mike Sitton of Tulsa, through his Sitton Properties LLC, purchased a 5,713-SF home located at 15050 Natural Habitat Way in the Preserve on Beaver Lake subdivision from Jeffrey Hartley and Richard Dalby on Feb. 1 for $800,000.

The two-story home was built in 2006 and appraised for $674,400 in 2007. It has four full bathrooms and one half bathroom.

The home is located on 1.42 acres.

Sitton is the chairman of Strateline Industries, which purchased the former Polymer Group Inc.-Scott Paper facility on New Hope Road in Rogers in December.

Corrugated Services Inc. Adds Fibersource Locations 

State Sen. Denny Altes, R-Fort Smith, sold his Fibersource Inc. plant in Johnson to Corrugated Services Inc. for $587,000 on Jan. 16.

The Johnson facility was one of four locations sold to Corrugated Services when Altes sold his business to the Fourney, Texas-based company in December 2007. Fibersource’s four plants were located in Fort Smith, Johnson, North Little Rock and Oklahoma City.

Altes started Fibersource in 1982 and purchased recyclable paper from customers and sold it to paper mills, such as Corrugated Services.

Corrugated Services now has eight locations and nearly 300 employees. The company is the largest independent producer of recycled containerboard in the U.S. with $200 million in revenue annually.