University’s Peabody Hall Renovations to Cost $8.8M

The University of Arkansas expects to spend about $8.8 million on restoration work on historic Peabody Hall.

The 4-story building was originally constructed in 1913.

L.J. Roberts of Claremore, Okla. was the original architect on the building.

East-Harding Inc. of Little Rock is the general contractor.

Schwartz/Silver Architects Inc. of Boston is the lead design architect.

Allison Architects’ Fayetteville office is the local firm working on the project.

The Curriculum and Instruction Department in the College of Education and Health Professions has called the building home.

The Department is set to move back into the building once renovations are complete.

The building is slated for a late 2011 completion. The university is planning to eventually get a Silver LEED certification on the building.

Crossland Spruces

Sam’s Second Floor 

Crossland Construction Co. recently purchased two building permits valued at a combined $2.12 million for alterations and additions to the Sam’s Club headquarters.

The building is located at 2101 SE Simple Savings Dr. in Bentonville.

A Sam’s Club spokeswoman confirmed the permits were for second-floor remodels ($2 million) and the construction of an exterior canopy ($120,000). 

The architect is Nielson Architecture.

Wal-Mart Stores Inc. purchased the 375-000-SF building in September of 2008 for $29.9 million from Burt Hanna, owner of Hanna’s Candles and Greenland Composites, and David Slone, owner of Superior Auto Group in Springdale.

Atkins Lands

Lube Center

Kent Atkins, through his Atkins Auto Repair LLC, recently purchased the building that formerly housed Kwik-Kar Lube & Tunez at 2897 N. College in Fayetteville.

Atkins paid $997,000.

The 3,828-SF building was constructed in 1994 and last appraised for $491,550.

Atkins purchased the building from Dennis and Patsy McCarty.

The McCartys paid $568,000 for the property in 1996.

Submit tips about lease activity, construction, transactions or upcoming projects valued at $300,000 or more to Worth Sparkman at [email protected]. Please write ‘Real Deals’ in the subject line.