Two build-to-suit projects on tap for Fountain Plaza

Northwest Arkansas

by Paul Gatling ([email protected]) November 21, 2016 12:00 am 404 views 

Bentonville-based development firm Dynamic Development Inc. plans to begin work next month on a 9,070-square-foot, build-to-suit medical office building for Women’s Health Associates of Bentonville.

Construction of the single-story building at 500 S.E. Plaza Ave., in the Fountain Plaza mixed-use development, will begin with a groundbreaking Dec. 2. Pine Bluff-chartered Simmons Bank is financing construction.

Crossland Construction Co. will be the general contractor and Michael Spaeth with BiLD Architects in Fayetteville is the designer. Amy Mills with Steve Fineberg & Associates of Bentonville represented the doctors in the 15-year, build-to-suit lease.

Drs. Amy Sarver, Amber Sills and Lisa Bearden are the owners of Women’s Health Associates, which leases space in the Northwest Medical Plaza in Bentonville at 2900 Medical Center Parkway. The practice was founded in 2011 as part of Northwest Health Systems, and separated from the healthcare organization in April 2015.

Practice manager Kendra Bliss said about 90 patients come through the office each day. The new location, scheduled for completion next summer, will add a little more than 2,000 square feet.

“We are at capacity right now, and the new building will give us room to grow,” Bliss said. Women’s Health Associates has 15 employees.

DDI is also developing a two-story, 46,500-square-foot office building at 400 S.E. Plaza Ave. called Fountain Plaza Hershey. The 3.33-acre site is at the northeast corner of Southeast Rainbow Road and Southeast Plaza Avenue.

DDI Vice President Todd Fleeman did not confirm the building’s primary tenant. The project has already received approval from Bentonville city planners.

Fleeman said DDI, which has roughly 5.5 acres of undeveloped land left in Fountain Plaza, said the firm is also starting the design phase of a third building.

“At this point it’s a spec building, and we’re kind of unknown in the size, but we’d like to get these three buildings going at the same time,” Fleeman said.