Dick’s House of Sport to anchor 37-acre Concord Commons project in Lowell

Coraopolis, Pa.-based retailer Dick’s Sporting Goods plans to open its first large-format store in Arkansas as part of a 37-acre mixed-use development announced Monday (April 20) to be built southeast of South Dixieland and West Pleasant Grove roads in Lowell. The commercial property is valued at $60 million.

A two-story, 120,000-square-foot Dick’s House of Sport will anchor the mixed-use development Concord Commons, led by Matt Sitton and Ben Butler. Rogers-based Sitton Group is the developer. The Dick’s House of Sport is expected to open in March 2028. A groundbreaking ceremony is set for 10 a.m. April 30 at Concord Street and West Pleasant Grove Road in Lowell.

Concord Commons will also include an approximately 250-unit multifamily development on 6 acres and about 275,000 square feet of commercial space, including 70,000-square-foot, 32,000-square-foot, and 12,000-square-foot sites.

While the commercial property is valued at $60 million, the multifamily property value has not yet been determined. The opening date of the multifamily has yet to be set, as the project is in the design phase.

Compared to the traditional Dick’s Sporting Goods store format, Dick’s House of Sport stores are more than twice as large and include climbing walls, golf simulators, batting cages, and outdoor turf fields for testing products or community events, according to its website. It offers products like those of traditional stores, plus higher-end gear and exclusive brands. Services include custom bike builds, baseball glove steaming/shaping, and racquet stringing.

The nearest Dick’s House of Sport is in Tulsa, Okla. Traditional Dick’s Sporting Goods stores are in the Fort Smith and Little Rock metro areas. Dick’s also has a Fayetteville outlet store.

According to its most recent filing with the U.S. Securities and Exchange Commission, the company operated 3,195 stores across its Dick’s and Foot Locker businesses as of Jan. 31. Revenue rose 28.06% to $17.21 billion in the 2025 fiscal year that ended Jan. 31 from $13.44 billion in the same period in the previous fiscal year. Shares of Dick’s (NYSE: DKS) were trading at $230.10, up $5.74 or 2.56% on Monday. Over the past 52 weeks, shares have ranged between $167.03 and $237.31.

Concord Commons is adjacent to Pleasant Crossing in Rogers. In March, Concord Commons paid $13.5 million for the property, according to property records. The seller was a limited liability company controlled by Fayetteville businessman Lyndy Lindsey. The property was previously the proposed site of a Costco store. That deal fell through in 2023.

Financing for Concord Commons is being led by F1RSTNB of NWA, along with Citizens Bank and Trust of Van Buren and Farmers and Merchants Bank of Stuttgart.

“This is exactly the kind of deal we target — strong corner, high growth corridor, and a best-in-class anchor that drives everything around it,” said Matt Sitton. “We’re already seeing solid interest in the pad sites and expect to move quickly in bringing in the right mix of tenants to maximize the value of the development. Also, I want to recognize Mayor Moore of Lowell and his staff for their support and partnership in bringing Concord Commons to fruition.”