Friday, January 30, 2009

Reasons to Buy in Arkansas....

An article published by Chris Robertson of Majon International last year gave 7 Reasons to Buy in Arkansas. We think that they are even more relevant in the current economy….Why buy in the Natural State?

Click here to read the entire article. The seven reasons?

1. The property is undervalued.
2. The property taxes are low.
3. The state has unparalleled natural beauty.
4. The climate is mild.
5. There are budding private communities.
6. The landowners are often unique.
7. The financing is affordable.

Despite the global economic crisis, Arkansas has remained in a solid position of liquidity and growth….Use our blog to keep up with growth trends in Northwest Arkansas. We currently have properties available, starting at $25,000 an acre. Visit our website at northwestarkansasland.net to view all of our land plots for sale.

Tuesday, January 20, 2009

Arkansas Agency Lists Top Northwest Arkansas Areas for Growth

Lowell, Arkansas was named the #1 high-growth city in Arkansas, according to a list published by the Gadberry Group.  

The Gadberry Group is a Little-Rock company that ranks high-growth cities throughout the country.  The list, called the “8 for 2008”, listed Lowell at the #1 spot, Bella Vista at #4, and Bentonville at #6 in the report.

Recently, Lowell has focused on infrastructure rather than growth and many are predicting that Lowell will have a population increase in the near future.  According to the report, since 2000, Lowell has had a 40% increase in population since 2000 and a 51% increase in 2008 alone.  Additionally, the report states that the average household net worth is $415,000.  The sample area includes areas near Beaver Lake as well as areas north of Highway 12 that include high-end housing and an affluent population.  The company uses its own boundaries that are always changing.  It has been hired by retailers to determine areas of possible growth, create data and to watch changing areas.

Needless to say, many have questioned the source and its high numbers.  Larry Martin, the man responsible for The Gadberry Group’s ratings, has stated that “the geography was more inclusive than just the Lowell city limits…it includes areas that the census defines as part of the Lowell ‘Place’”. 

Check out our properties for sale at northwestarkansasland.net.  We have properties near the XNA airport and Hwy 12!  Visit us at NorthwestArkansasLand.net to see our properties for sale today!!

Friday, January 16, 2009

I-540 Expansion: Growth for Northwest Arkansas?

The Northwest Arkansas Regional Mobile Authority (RMA) voted on Monday to “leverage state stimulus funds to complete the Bella Vista bypass as an RMA toll road”. The road, which will extend I-540 through Bella Vista, is being explored as a toll road and has been planned for over a decade.

The total for the I-540 expansion is expected to cost $225 million. However, if it were to become a toll road, the road would have the potential of generating $100-$130 million in construction bonds. It would be the first toll road in the state. Additionally, many believe that the federal economic stimulus plan that will soon be voted on by the House of Representatives could also bring $80-$100 million for highway construction in Northwest Arkansas.

The potential toll road must be approved by the state Highway Commission or by a vote of the people of Benton and Washington counties.

Dick Trammel was sworn in on Monday as the new highway commissioner. Trammel has expressed urgency in gaining approval for the road so that Arkansas still receives funding from the Missouri Department of Transportation. The state has considered re-appropriating funds for the five mile stretch of the road that will lead to southeastern Missouri.

This newest project is the largest undertaking by the Arkansas Highway and Transportation Department. It is expected to take four years to build the bypass.

The new I-540 extension would mean great things for future growth in Northwest Arkansas, by allowing greater ease for commuting. Are you interested in land investments in Northwest Arkansas? Visit our site at northwestarkansasland.com to see the properties we have for sale in the Bentonville and Highfill areas!Link

Monday, January 12, 2009

Crystal Bridges Has Announced 2009 Schedule: Positive Development for NWA

The Benton County Daily Record ran an article highlighting the Crystal Bridges at the Massey and the exhibition schedule for the coming year. Crystal Bridges at the Massey opened in June 2007 at 125 W. Central Ave. The location serves as a temporary site until 2010 when the Crystal Bridges Museum of American Art is slated for opening.

From February 13th to May 3rd, the first exhibition will be called “Proof Positive: Master Prints From the Collection of Fisk University Galleries”. The exhibit will feature forty prints that portray African-American printmaking during the 20th Century. Artists featured will include: Romare Bearden, Martin Puryear, Elizabeth Catlett, James Wells, Hale Woodruff and Ted Jones. The works will date from the Harlem Renaissance to the present.

From May 16th to August 9th, the exhibit “Through the Needle’s Eye” will celebrate embroidery by featuring contemporary and traditional embroidery, quilting and needlepoint examples.

From August 21st to October 25th, “Harry Miller’s Vision of Arkansas” will showcase the Arkansas White River country through photographs taken from 1900 to 1910.

From November 6th to January 3rd, the museum will host “Draw Me a Story: A Century of Children’s Book Illustrations”, a collection of forty-three works by forty-one artists that displays over one hundred years of children’s stories and illustrations. There will be educational learning opportunities for the public during each exhibit.

The Crystal Bridges Museum of American Art is slated to be one of the most recognized and relevant museums in the world. Another sign of the positive economic development taking place in Northwest Arkansas. Are you looking for residential or commercial property? Check out our properties for sale at NorthwestArkansasLand.net!

Sunday, January 11, 2009

Arkansas - Stimulus Plan Should Assist in Growth and Development

The Arkansas News Bureau reported this week “Arkansas Delegation in Step with Stimulus Plan”.

Governor Mike Beebe’s office has stated that the governor has personally spoken with President-elect, Barrack Obama, and “is pleased that infrastructure is a large component in Obama’s plan….but also wants to make sure Arkansas gets its share of proceeds”. Beebe wants to make sure that financially stable states, like Arkansas, are not left out of national bail-out monies issued by the national government.

Many are hopeful that the new plan will create jobs as well as to make improvements to the highways of Arkansas. Both Democrats and Republicans seem to recognize the urgency of the economic crisis because it is affecting everyone in some form or fashion.

Northwest Arkansas has fared far better than many other areas in the U.S. Keep checking our blog regarding economic development in Northwest Arkansas!!! The economy and development are still on the rise in Northwest Arkansas! Click here to view our incredible land deals in Northwest Arkansas!