NEWS

EStem Goes East With Warehouse Buy

Did you know that eStem Public Charter Schools has purchased the future location for its new elementary and middle school in Little Rock? The nonprofit paid $1.7 million for the 111,096-SF warehouse at 400 Shall Ave. Seller: Central Arkansas Area Agency on Aging Inc., led by Luke Mattingly. The 3.7-acre property on the edge of the Heifer Project headquarters campus is slated for redevelopment in time to open for the 2018-19 school year. The project is part of a facilities expansion that will allow the charter school to grow its enrollment from 1,462 to 3,844. You might recall that another component of that plan is to develop space for its high school on the University of Arkansas at Little R

Positive Numbers Provide Pleasant Surprise on Office Front

More improvement in office occupancy in the Pulaski County market this year came as a mild surprise. “We were sort of anticipating a soft first quarter 2016,” said John Martin, principal and vice president of commercial brokerage at Little Rock’s Moses Tucker Real Estate Inc. “But we ended up with positive absorption of 70,800 SF.” The occupancy rate of the 14.5 million-SF central Arkansas office market reached 92.8 percent during the first three months of the year. That upward tick follows first quarter rates of 91.5 percent in 2015 and 88.7 percent in 2014. The 2016 census covers 271 office buildings with combined vacant space of 1 million SF, tracked by Central Arkansas Commercial Data Ex

Work at 615 S. Main St. in Little Rock is moving along, but not without headaches

Renovating 615 S. Main St. in Little Rock has not come without its challenges. Moses Tucker Real Estate President Chris Moses candidly acknowledges that starting from the ground up would have been much easier than rehabbing the two-story, 14,000-square-foot building. "Just tearing it down and starting from scratch would've been more cost effective," Moses said during a recent tour of the property. "But you'd lose one of the coolest buildings in the city. Just the facade alone is insane." More on that facade in a bit. Moses said the building, which will house eight loft apartments and retail space, has all of its plumbing and electrical installed. Duct work and sheet rock installation are ong

Grand Champion - Jimmy Moses

How have you been involved in the development of East Village? What we [Moses Tucker Real Estate] primarily have done is work with the Cromwell firm in conceiving and trying to develop a concept for the new neighborhood. [The Sterling Paint building] has been for sale for a long time. And like so many things, all of a sudden it dawned on everyone. This could be the start of something exciting - a new, edgier neighborhood for downtown Little Rock. That building being available and interesting architecturally, interesting historically, and sitting in the old industrial district of our city - all of a sudden that made all of the previous thinking gel. All of a sudden the idea of the East V

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"Architects of Place"

A look at Downtown Little Rock revitalization as seen through the eyes of these community leaders and developers. Video created by Downtown Little Rock Partnership and Station X under the direction of Becky Falkowski (DLRP, PR & Communications Director). Created for the DLRP 2011 Annual Luncheon featuring Fred Kent of Project for Public Spaces (PPS). www.downtownlr.com

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