Texas-based Pavecon Ltd., a concrete and asphalt paving firm, has accomplished the development of a brand new headquarters for its Northwest Arkansas regional office.
The roughly 10,000-square-foot constructing is on South Foremost Road in Cave Springs. CDI Contractors was the overall contractor, utilizing a constructing allow valued at $1.8 million. Burris Structure in Bentonville dealt with the design work. Personal financing backed the development.
Ben Shankle leads the corporate’s Northwest Arkansas workplace. He stated the constructing would be the anchor of a 45-acre mixed-use business growth envisioned to incorporate roughly 20 buildings. Shankle stated they are going to be marketed to business workplace/warehouse tenants.
P4 Companions Ltd., the actual property holding firm of Pavecon’s regional workplace, paid $450,000 for the bank-owned land in 2012. It’s located on the east aspect of Arkansas Freeway 112, roughly 1 mile south of Freeway 112/264 intersection.
“At the moment, I had a imaginative and prescient for this property,” Shankle stated. “It took us just a few years to get to, however we’re taking some main steps this 12 months in direction of realizing that dream.”
Shankle stated Rogers engineering agency Crafton Tull of Rogers is working to allocate 15 acres for a multiphase self-storage facility with roughly 700 models. It is going to be a mixture of climate-controlled, drive-up and leisure automobile (RV)/boat storage. Wil-Shar Metal of Rogers can also be nearing metal erection for 2 extra buildings, every roughly 12,000 sq. toes.
Shankle opened Pavecon’s regional workplace in Bentonville with six staff in February 2011. The corporate now employs greater than 135 individuals in Northwest Arkansas. Shankle declined to reveal particular income figures, however he stated the Northwest Arkansas division is producing income corresponding to different Pavecon divisions in Dallas, Houston and San Antonio.
