D
HEART OFN! DOWNTOW THE ARKANSAS BUILDING, THE BOYLE BUILDING AND THE MM COHN BUILDING • 196,000 square feet • $2.6 million • All utilities, with access to fiber optics. • 5 minutes from UAMS, 9 from UALR The tech park Authority could learn its ABCs (Arkansas, Boyle and Cohn) of building reuse and make a Main-Street-supporting Mayor Mark Stodola happy at the same time by buying up these three contiguous buildings on Main. There’s enough square footage to accommodate two buildings (as envisioned by the Authority). Advantage: Downtown synergy, with loft living and an entertainment district within blocks. Possible research investors officed nearby. Residential relocation required: zero.
NO CONSTRUCTIO REQUIRED! N I-430
VISIBILITY AND ROOM TO GROW!
UNIVERSITY AVE
I-630
12TH ST
PROPOSED SITE
BRANDON HOUSE FURNITURE
COL GLENN RD
PROPOSED SITE
TOTAL OF 95 ACRES IN TWO PARCELS ON I-430 BETWEEN 36TH STREET TO COLONEL GLENN, INCLUDING:
• 6100 W. 12th St. • 130,000 square feet • Price to be determined • At the corner of University and 12th Street, close to three residential sites proposed by Authority board, 3 minutes to UALR, 5 minutes to UAMS
• 27 acres near Shackleford Crossing and 36th street • $3.3 million • 66 acres between 36th and Colonel Glenn (access east of Clear Channel Metroplex) • $3.5 million • Water, sewer, electricity on the 27-acre parcel • 5 minutes to UAMS, 8 to UALR
It’s only one building and it’s landlocked, but this former furniture store is larger than the building the Authority plans to construct in its first phase and it requires no land-leveling, home-buying or utility-line-laying. If the Authority had tech companies champing at the bit to move in, this would be a good place to start. If the “park” succeeds, there will be venture capital to expand elsewhere — right? Advantages: Great visibility, near UALR and UAMS. Residential relocation required: Zero.
For $6.8 million, or $2 million less than it says it will spend to acquire residential property for the tech park, the Authority could buy these two parcels, which surround the Shackleford Crossing shopping center. The 66-acre parcel has two access points, on Col. Glenn and 36th Street, both just east of Interstate 430; the 27-acre parcel fronts 36th Street. Advantages: What a deal. The smaller parcel has sewer, water and utilities installed. A boon to Ward 6. Residential relocation required: Zero.
www.arktimes.com
AUGUST 1, 2012
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