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skirby

Argenta

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On 3/28/2016 at 2:32 PM, skirby said:

Argenta Flats has started construction on Phase ll which will be located in the 600 and 800 blocks of Maple. Also, the developer is converting an old house at the corner of 7th and Maple into a clubhouse. The clubhouse will include a pool, a fitness room and a wine room. A half view of the soon to be clubhouse is shown below.

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These buildings back up to 700 Main and part of that block is also under redevelopment turning existing building into retail and lofts.

The is from the 600 block of Maple.

uOYQKI.jpg

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Kamikaito by Kiyens has been announced as the new tenant for the Argenta Market/Good Food by Ferneau space. It will be a pan-asian sushi and hibachi place with a few Korean specific dishes. Being put together by Kiyen Kim. Same guy from Kiyens on Chenal. I wish it would be a full out Korean restaurant but it's better than an empty building.

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Ozark Escape of Fayetteville is opening a location at 711-715 Main Street in Argenta. Not sure what was located here previously but it has been empty for awhile. They have already begun construction. Buildings are gutted and Ozark Escape has signage up. This place is extremely popular in NWA. The Argenta location will have three themed rooms. With the new Asian restaurant going in the Argenta Market space a block and a half away, there will be a nice draw for people to that end of the "strip".

Along with all that, Orbea moving across the river and Core Public House expanding their kitchen and menu, Argenta is really moving full steam ahead.

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One project I failed to mention was the redevelopment of a number of buildings in the 700 block of Main. Apartments have been added to the second floors above office and retail space. On the west side of this block is one of the completed Argenta Flats buildings.
f0NfEs.jpg

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Plans have been released for the Smarthouse Way property on the west side of the Broadway Bridge. The project will be known as the Argenta Waterfront District and will include a 92,000 sq. ft. hotel, a 244,000 sq. ft. high-rise and a 89,000 sq. ft. mid-rise apartment building. The largest building will include offices and condos. What makes this different from other proposals for this property is the property has been purchased from the city.

0QpGnm.jpg

 

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Nice renderings, BUT this is a mid-rise (10-11 stories).  Why create such an unusually large floor plate resulting in a middling height building, instead of a typical office floor plate that might result in a 15-20 story tower?

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12 hours ago, Architect said:

Nice renderings, BUT this is a mid-rise (10-11 stories).  Why create such an unusually large floor plate resulting in a middling height building, instead of a typical office floor plate that might result in a 15-20 story tower?

Tenants seem to prefer the 20-25k sf floor plates these days so they can get everything on one floor and work the Open Office concepts. 15k sf floor plates are obsolete 

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7 minutes ago, comreguy said:

Tenants seem to prefer the 20-25k sf floor plates these days so they can get everything on one floor and work the Open Office concepts. 15k sf floor plates are obsolete 

There's a lot less market for 20k SF tenants, so chances are these are multi-tenant floors in most cases.

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Another rendering of the project.

sAqZMn.jpg

On a side note the money made from the sale of this property the City of North Little Rock will put towards the development of Argenta Plaza at 510 Main.

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1 hour ago, Architect said:

There's a lot less market for 20k SF tenants, so chances are these are multi-tenant floors in most cases.

I hear you, but they aren't going to spec build the tower on a few smaller leases

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4 hours ago, comreguy said:

I hear you, but they aren't going to spec build the tower on a few smaller leases

I'm suggesting that it will in fact be just that. There aren't a plethora of 20,000 plus tenants, so consequently, I imagine most floors will contain more than one tenant. The only real upside to a larger footprint are construction cost metrics (a lower envelope to floor area ratio).  Furthermore (and arguably less important), it results in a less visionary concept.

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Another project to look for in Argenta is THRIVE. THRIVE will be an 164 apartment unit project by ERC out of Ft. Smith. It will be located in the old feed mill location across from the Arkansas Regional Innovation Hub. See THRIVE.

This will add to the other residential projects in the last ten years: City Grove 14 units, Argenta Flats 160 units, the Enclave, now known as the Metropolitan, with 260 units and a number of additional units added on Main. Not within walking distance but a short distance away is the Riverside at Rockwater with 264 units as well as a few new construction single family homes in Rockwater with more on the way.

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THRIVE.  Interesting.  The website looks intriguing, with locations in Jenks (Tulsa) and Bentonville.  But...I didn't find any actual images of the development.  It looks promising though.

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On 2/26/2017 at 0:38 PM, skirby said:

Another project to look for in Argenta is THRIVE. THRIVE will be an 164 apartment unit project by ERC out of Ft. Smith. It will be located in the old feed mill location across from the Arkansas Regional Innovation Hub. See THRIVE.

This will add to the other residential projects in the last ten years: City Grove 14 units, Argenta Flats 160 units, the Enclave, now known as the Metropolitan, with 260 units and a number of additional units added on Main. Not within walking distance but a short distance away is the Riverside at Rockwater with 264 units as well as a few new construction single family homes in Rockwater with more on the way.

The THRIVE was approved by the North Little Rock Planning Commission and construction should  start this summer if all goes according to plans.

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The NLR City Council will vote Monday night to approve the selection of Taggart Architects to design and oversee construction of the Argenta Plaza. The board will also vote on a resolution for an option to purchase agreement between the city and Centennial Bank for city owned property located between Main Street and the trolley barn. 

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Another building on Main getting a makeover.

Bq8PDd.jpg

Also, construction units have been placed just north of where the THRIVE will be constructed. Groundbreaking is scheduled for July 31st.

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The groundbreaking for THRIVE Argenta was held today. It will consist of six buildings containing a total of 164 units,

ZcLpiv.jpg

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19 minutes ago, skirby said:

The groundbreaking for THRIVE Argenta was held today. It will consist of six buildings containing a total of 164 units,

Looks very nice...

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On 4/22/2017 at 9:52 AM, skirby said:

The NLR City Council will vote Monday night to approve the selection of Taggart Architects to design and oversee construction of the Argenta Plaza. The board will also vote on a resolution for an option to purchase agreement between the city and Centennial Bank for city owned property located between Main Street and the trolley barn. 

Taggart has released a video of the plaza.  Argenta Plaza 

Centennial Bank has turned down the option and is looking at the property it has now on the west side of Verizon Arena.

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2 hours ago, skirby said:

Taggart has released a video of the plaza.  Argenta Plaza 

Centennial Bank has turned down the option and is looking at the property it has now on the west side of Verizon Arena.

Huh?  So Centennial owns the property on Main planned for the Plaza and now they've opted NOT to sell?  Yikes...this needs to go on Main, NOT by the Arena...there is not urban fabric around the arena.

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