Loan Secured for New Hotel Coming to Rogers
by January 22, 2001 12:00 am 76 views
RDC Corp. of Houston on Dec. 12 got a loan of $5.3 million from Arvest Bank of Rogers to build an AmeriSuites near Interstate 540.
The Rogers hotel will be the second AmeriSuites in Arkansas. Little Rock has one on Financial Centre Parkway. There are 94 AmeriSuites nationwide in 30 states, including one in Tulsa.
The Rogers AmeriSuites will be at 4610 W. Walnut Ave., next to Office Depot on the southeast corner of I-540 and U.S. Highway 71. The plan is to have 102 rooms, all of them suites, in a five-story building.
The principal owners of the Rogers hotel are RDC and Binh Ho, vice chairman of Southwestern National Bank in Houston.
The contractor for the project is Albert Hill of Hotel Development Inc. of Dixon, Ill. The architect is Greg Schwerdt of Schwerdt Design Group Inc. of Topeka, Kansas.
The hotel will be managed by RDC and operated under a five-year franchise agreement with AmeriSuites.
Summer opening planned
for Bentonville Post Office
The Bentonville Post Office on Dec. 29 got a building permit valued at $2.93 million for its new facility.
The new post office will be on 3.9 acres at 1706 S. Walton Blvd. Currently, the post office is at 403 S. Main St.
The project is estimated to cost $4.2 million.
The new building will be 29,141 SF. It will have 60 customer parking spaces, including three for the handicapped, a mail-drop lane, an expanded box section and a postal store.
Oakridge Builders Inc. of Springdale is the contractor for the project, which is 45 percent complete. The post office is hoping for a summer opening.