Olsson moves into new office building in Fayetteville

by Paul Gatling ([email protected]) 1,173 views 

Engineering and design firm Olsson has moved into its new Fayetteville office. The company’s first official day with a new address was Dec. 4.

The new 37,000-square-foot building, with Olsson exterior signage, is at 3537 N. Steele Blvd. next to First National Bank of NWA. C.R. Crawford Construction of Fayetteville started work on the three-story building in the summer of 2022. Legacy National Bank in Springdale financed the building’s construction.

Olsson provided all engineering and landscape design, and Core Architects in Rogers was the building designer. Some amenities include a rooftop patio, bicycle racks and electric vehicle charging stations.

Olsson vacated its existing Fayetteville office (302 E. Millsap Road) and occupies the new building’s entire third floor and most of the second. The company has 68 employees in Fayetteville and space to accommodate approximately 100 workers.

“Our team in Arkansas has continued to grow, which requires more space and a modernized work environment that will continue to attract top talent in the area,” said Brad Strittmatter, Olsson’s CEO. “We also want a space that will allow us to meet the growing needs of our clients in the region.”

Fayetteville office leader Brad Hammond said Olsson will host an open house at the new building on Jan. 25.

“Our new office is a great example of the investment Olsson is making not just in Northwest Arkansas but in the entire state and region,” Hammond said. “We’re very much vested in Arkansas, and we are excited to be part of the huge growth going on in the area. Our intent is to provide a top-notch environment that will make people enjoy coming to work every day, and I think this office accomplishes it.”

Olsson maintains headquarters in Nebraska and has offices in 10 states. The company entered the Northwest Arkansas market in 2018 when it acquired McGoodwin Williams & Yates, the region’s oldest engineering firm founded in 1946.

Olsson partnered on the new building with development firm Cushman & Wakefield/Sage Partners in Rogers. A limited liability company they control bought the 2.34-acre lot from Kevin Farmer in April 2022 for $1.75 million.

Matt Imhoff, a vice president at Sage Partners, said none of the building’s available space has been leased yet. That includes 3,466 square feet on the second floor and 12,315 square feet on the first floor.