Tag: real estate

ACCG Fosters Firms Via Funding Diversity

Fayetteville branch of Arkansas Capital Corp. Group readies for new digs, gets entrepreneurial advocate in Tim McFarland.

Fayetteville Builds While Rogers Rocks

As plans are made for two new hotels in Fayetteville and developers lobby for a tax-increment financing district to rebuild the century-old Mountain Inn, one hotel owner says the city may already be overbuilt. Also: the largest hotels list.

Hotel Room Plans Continue to Loom

More than 1,296 rooms will be added to the Benton and Washington county hotel market if all nine hotel developments announced in the last year go as planned.

Lindsey Gets Comfy In Corporate Lodging

As if The Lindsey Cos. didn’t already dominate enough local industries, its property management arm has checked into a specialty hotel sector and decided to make an extended stay.

Marketing Ensures Business Every Day

With 54 hotels in Benton and Washington counties competing for more than $63 million in annual market revenue, a good director of sales and a strong marketing plan can shift a hotel’s fortune.

Spring Ridge Spawns Project (Real Deals)

David, Jean, Loyd and Elizabeth Phillips recently sold 72 acres off Arkansas Highway 112 in Benton County to Spring Ridge LLC for $1 million.

Wal-Mart Plans Supercenters for California

We hear Wal-Mart Stores Inc. of Bentonville has a plan to invade big-box bashing California with Supercenters.

Ozark Lending Expands Under Mortgage Mania

Up-and-coming mortgage lender Ozark Lending Inc. is already expanding the Rogers loan origination office it opened in April.

Car Causes $100,000 in Damages to Lazenby Building

Drivers by the headquarters of Lazenby Real Estate on College Avenue may have been wondering about the collapsed concrete awning that had been on the building since 1955.

Knight?s BBQ Block

Ed Knight, owner of two Penguin Ed?s Bar-B-Que restaurants in Fayetteville, has bought all six houses adjoining the old B&B Bar-B-Que property at 230 S. East St.

Mocha and Mozzarella with Barber

The word is two food operations are in the works for Brandon Barber. But negotiations are ongoing for what will wind up in the 16,000-SF building he bought from Gary Combs.

St. Paul?s Church Buys Jerry?s Restaurant

Janice F. Bartholomew of Prairie Grove sold Jerry?s Restaurant at 241 College Ave. in Fayetteville to St. Paul?s Episcopal Church on July 13 for about $350,000, according to Washington County records.

Jammin? Java Moves, Plans Second Location

With the renovation of Fayetteville?s Old Post Office building under way, Jammin? Java was forced to leave the 800-SF nook it had occupied for the past two years on the east side of the building.

McDonald?s Plans New Restaurants

Mathews Management Corp. of Springdale plans to open two new McDonald?s restaurants ? in Stilwell, Okla., on Sept. 21 and in Centerton in 2005.

Learning, Listening Spirit Shared by 2004 Honorees

Nearly every person profiled in the Northwest Arkansas Business Journal’s 2004 list of 40-under-40 honorees shared the same trait ? a desire to continue learning.

TIF Districts Can Be Useful Finance Tool (Commentary by Chad M. Avery)

Tax increment financing involves the use of Tax Increment Financing Districts (“TIF districts”).

Mortgage and Banking Arms Unite

United Holding Co. Inc. of Springdale had a small problem in the amount of business its UB Mortgage Co. has been doing with the banking arm, United Bank of Springdale.

Cooper Crosses Creek Phase (Real Deals)

Developer Cooper Homes Inc. has begun construction on a 131-acre development in southwest Rogers called Cross Creek, and Pro Con Inc. of Bentonville plans to build four 10,000-SF buildings off S.E. “B” Street in Bentonville.

Centerton Gets Tuscan Tower

Developer Neal Johnson of Springdale has just completed a 36-foot tower in Centerton that looks like it’s been there for 1,000 years.

Jones Returns for Pinnacle Leasing

Sally Jones of Washington, D.C. will soon be making her way back to Northwest Arkansas to serve as the new leasing manager for The Pinnacle Group.

Construction starts on 7th Highlands Oncology Center

Connections: UA engineer receives $550,000 career award

Nine Riceland facilities temporarily close

Tonnage up almost 11% on the Arkansas River through May