Petra eyes Don Tyson Parkway property

by Talk Business & Politics ([email protected]) 399 views 

The west side of the Interstate 49/Don Tyson Parkway interchange is open for development, and if you’re an eagle-eyed driver, you may have noticed a sign signaling a forthcoming business.

Springdale-based Petra Allied Health, a school that trains nursing assistants, has put up a sign indicating its plans to relocate its Springdale headquarters to a site at the northwest corner of the interchange.

Company owner James Anderson, through an entity called Free & Clear LLC, bought a 2.5-acre lot in June for $702,000, a purchase price of $6.45 per SF.

The property was previously owned by Todd Murner, founder and president of The Rock of Northwest Arkansas, a non-denominational church in Springdale.

Petra officials said they were excited about the move to the interstate (as evidenced by the sign) but were not ready to release any details about the new location.

According to its website, Petra has graduated more than 30,000 students and is “Arkansas’ leader in allied health education.”

The company was founded in 1992 as Petra CNAs and was incorporated in 1996. It maintains its headquarters in leased space at 3889 Willowood Ave., just north of the intersection of Elm Springs Road and North 40th Street.

Satellite offices were established in Hot Springs (1994) and Fort Smith (1999).