Fayetteville:
- Fayetteville Among Fastest Growing Places
Fayetteville has been named one of the fastest-growing places in the U.S., driven by its vibrant community, access to outdoor activities, and robust job market. This recognition highlights the city's increasing appeal to new residents and investors.
Source: US News - Markham Hill Conservation Finalized
Specialized Real Estate Group, in partnership with the Northwest Arkansas Land Trust, has secured a conservation easement for 39 acres on Markham Hill. This effort preserves over 50 acres of green space, balancing development with environmental conservation.
Source: Fayetteville Flyer - Stonebreaker Hotel and Restaurant
A new development called Stonebreaker is set to open on Markham Hill. It will feature a 78-room hotel, restaurant, members’ club, and event venue, enhancing Fayetteville's hospitality offerings.
Source: Fayetteville Flyer
Bentonville:
- Real Estate Boom
Bentonville is experiencing significant growth, with an 8.5% increase in home sales in the first half of 2024 compared to the previous year. The city's population grew by 2.7% in 2023, driven by major corporations and an influx of new residents attracted by outdoor activities, and a lower cost of living.
Source: New York Post - Large-Scale Townhome Development
The Bentonville Planning Commission approved a new 84-townhome project, addressing housing demand in the rapidly growing city.
Source: Arkansas News Network - $44M Office Park Acquisition
Arkansas investors recently acquired a Bentonville office park for $44 million, marking one of the city's largest real estate transactions of the year. The purchase underscores the demand for commercial space in this rapidly expanding market.
Source: Talk Business
Rogers:
- Hunt Ventures Land Deal Canceled
A planned Pinnacle area hotel and Ruth Chris project was canceled following a significant land deal by Hunt Ventures. This plan shift opens opportunities for other development projects in the highly sought-after Pinnacle Hills area.
Source: Talk Business - Pinnacle Hills Mixed-Use Development
A $110 million mixed-use project, The Plaza at Pinnacle Hills, has broken ground in Rogers. The development will feature over 300 luxury apartments and a two-story Ruth’s Chris Steak House, contributing to the city's urban growth.
Source: 5 News Online - Ozark United FC Stadium Development
Ozark United FC announced plans for a new stadium within the Rogers Entertainment District. After feedback indicated the original site was insufficient for fan amenities and parking, a larger location was secured near Interstate 49. This new development aims to enhance the game-day experience and solidify Rogers as a hub for professional soccer in Northwest Arkansas.
Source: NWA Daily
Springdale:
- Big Emma Housing Project
Construction has begun on "Big Emma," a 77-unit mixed-income apartment complex in downtown Springdale. Supported by a $6.75 million grant from the Walton Family Foundation, the project aims to provide affordable housing options for the local workforce.
Source: Fayetteville Flyer - $17M Downtown Revitalization
A $17 million investment in downtown Springdale will revitalize the city center by creating mixed-use spaces, including retail, residential, and community amenities.
Source: Talk Business - Tontitown Heritage Village Development
In 2023, Tontitown earned the distinction of being Arkansas's fastest-growing city per capita. To meet the challenges of this growth, local officials have initiated plans for Tontitown Heritage Village, a downtown district that reflects the city’s unique heritage. The project aims to balance historic preservation with modern development, creating a vibrant space for residents and visitors alike.
Source: 5 News Online
NWA Look's Hottest Articles of the Year
- Relocation Trends in Northwest Arkansas
Explore why Northwest Arkansas is becoming a prime relocation destination, driven by affordability, quality of life, and economic opportunities.
Read more here - Investing in Northwest Arkansas: What You Need to Know
A detailed guide for real estate investors, highlighting key market trends, investment strategies, and local opportunities.
Read more here - The Truth Behind the NAR Settlement and What It Really Means
A deep dive into the recent National Association of Realtors settlement, explaining its implications for Realtors, buyers, and sellers.
Read more here - NWALook's Mid-Year Review 2024
An analysis of the real estate market trends in Northwest Arkansas through the first half of the year, including housing inventory and sales data.
Read more here - Blue Crane and Runway Group Development Plans for Bella Vista
Key insights into land acquisitions and future projects aimed at reshaping Bella Vista with innovative housing and community development.
Read more here
Crew@NWALook.com
Small Fish
At Small Fish Builders, we take great pride in our excellent workmanship, competitive fees, and the ability to deliver outstanding results. Since our founding, we’ve worked hard toward building and maintaining a stellar reputation throughout Northwest Arkansas.
This article is provided for informational purposes only and is not intended as professional advice. The information contained herein is based on sources and information deemed reliable but is not guaranteed to be accurate, complete, or applicable to every situation. NWALook and any associated parties assume no liability for any errors or omissions in the content of this article or any actions taken based on the information provided. By reading this article, you agree to hold NWALook and any affiliates harmless from any and all claims, liabilities, or damages arising from or related to your use of the information provided.
NWA Real Estate Market Update
Leadership in Action
To make 2025 a successful year, you should prioritize setting SMART goals (Specific, Measurable, Achievable, Relevant, Time-bound) and aligning daily actions with long-term objectives. Begin with a comprehensive review of 2024’s achievements and challenges, identifying areas for improvement. This could mean implementing systems for tracking key performance indicators (KPIs) and fostering a culture of continuous learning and innovation for businesses. For individuals, it might involve upskilling through targeted professional development or adopting tools for personal productivity. Regularly reviewing progress through quarterly business evaluations or personal reflection ensures accountability and enables adjustments, keeping you on track for success.
Featured Listing
316 NE Royce Loop,
Bentonville, AR 72712
List Price: $1,200,000
5 Beds 4 Baths SqFt.: 4,320
Welcome to this stunning Northwest Arkansas home, offering ample space with 5 bedrooms, an office, and a media room—perfect for those seeking versatility. Located near popular trails and the new Walmart Home Office, this home provides convenience and accessibility. The main level includes the primary suite, a second bedroom, and a dedicated office space, ideal for working from home. With easy access to I-49, Memorial/Orchards Park, the NEW Walmart Home Office, and Downtown Bentonville, you're minutes from key local destinations. Enjoy nearby amenities like Slaughter Pen, Coler Mountain Bike Preserve, and Lost Springs Golf & Athletic Club. This home is a must-see for those seeking comfort, convenience, and access to all that Northwest Arkansas has to offer.
Listed By: Ruby Poole Team
Realtor Gerik Goncalves
Collier & Associates
City Planning Meetings
January 2025
- Next Meeting: Monday, January 13, 2025, at 5:30 PM
- Location: Room 219, City Hall, 113 W. Mountain Street, Fayetteville, AR 72701
- Next Meeting: Tuesday, January 7, 2025, at 5:00 PM
- Location: City Council Chambers, 201 Spring Street, Springdale, AR 72764
- Next Meeting: Tuesday, January 7, 2025, at 5:30 PM
- Location: Council Chambers at City Hall, 301 W. Chestnut, Rogers, AR 72756
- Next Meeting: Tuesday, January 7, 2025, at 5:00 PM
- Location: Community Development Building, 305 SW A Street, Bentonville, AR 72712
Please note that meeting times and agenda items are subject to change. For the most current information or full agenda report, please refer to the city's official website or contact their planning departments directly.
New Business IWA RAMEN & GRILL
"Iwa Ramen & Grill is a Japanese restaurant located in Rogers, Arkansas, that focuses on bringing diners an authentic ramen experience and exquisite barbecue delicacies. The atmosphere of the restaurant is warm and comfortable, combining modern and traditional Japanese style, providing a relaxing dining environment for every customer. Whether dining alone or gathering with friends and family, Iwa Ramen & Grill is the ideal choice. "
Learn MoreFeatured Washington County Event This Weekend
Featured Benton County Event This Weekend
This newsletter is provided for informational purposes only and is not intended as professional advice. The information contained herein is based on sources and information deemed reliable but is not guaranteed to be accurate, complete, or applicable to every situation. NWALook and any associated parties assume no liability for any errors or omissions in the content of this newsletter or any actions taken based on the information provided. By reading this newsletter, you agree to hold NWALook and any affiliates harmless from any and all claims, liabilities, or damages arising from or related to your use of the information provided.
