Andy’s Frozen Custard, a Missouri-based chain that sells frozen treats, is in the development phase of introducing a second Rogers location to the market.
Mike Carroll, the company’s chief financial officer, said the new Rogers location will be built on Pauline Whitaker Parkway, just west of Interstate 49, in The District at Pinnacle Hills development. Carroll said the company has signed a build-to-suit lease for the 0.74-acre lot with Little Rock-based Whisinvest Realty, the land owner and developer of The District.
“We hope to start construction by the end of the year with a projected opening in mid-May ,” Carroll told Talk Business & Politics-Northwest Arkansas Business Journal. He said the total investment for the 1,300-square-foot store is approximately $1 million.
Clinton Bennett, first vice president with CBRE Inc. in Fayetteville, represented Andy’s in the land negotiations.
Andy’s has 55 locations spread throughout 10 states. The company has an existing Rogers store at 2205 W. Walnut St. Like that store, the second location in Rogers will also be company-owned. Carroll said there are 25 corporate stores and 30 franchise stores. Carroll said there will be 57 locations by the end of 2018, with another 18 to 20 stores projected for 2018.
Carroll said the company would like to add “a couple more” stores in Northwest Arkansas, depending on real estate availability. Other Arkansas stores are in Jonesboro (2), Fayetteville and Conway.
The roundabout area of Pauline Whitaker Parkway is proving to be one of the busiest areas for commercial development in Northwest Arkansas. Two months ago, a joint venture between Sage Partners and Hunt Ventures of Rogers and Burnett Equity of Oklahoma announced a $100 million mixed-use project at the northwest corner of the roundabout.