Saturday, April 11, 2009

Road Widening Should Be Good for Development in Northwest Arkansas

Residents of Northwest Arkansas are well aware of the inconveniences that come from traffic in Bentonville….

Currently, the city is working on the widening of Highways 102 and 72 in Bentonville. The project is due for completion by the summer of 2011. The widening for the 102 project will stretch from South Walton Boulevard to Greenhouse Road and will be expanded from two to five lanes. The project has a price tag of $9.3 million, and is intended to ease congestion for commuters to Wal-Mart headquarters and supplier offices. The 2.3 mile stretch of road is currently on target and the drainage work should be completed before the winter months.

In addition, the widening to five lanes of Arkansas Hwy 72 (Central Ave) from NE J Street to US Hwy 71 – should also be completed within the next five months. The 72 project will cost $6.5 million, and will also have a consistent lighting theme throughout downtown Bentonville.
Paving should begin this summer on both projects.

These projects are significant to the future growth of Northwest Arkansas. In many cases, there has been growth and development beyond the capacity of the area’s infrastructure. Looking to capitalize on the growth in NWA? Visit Northwestarkansasland.net for real estate and land for sale near Bentonville and the Northwest Arkansas Regional Airport (XNA)!

Tuesday, April 7, 2009

Northwest Arkansas Green Expo to Highlight Area Development

Much has been made lately about “green” practices. From Wal-Mart to the White House, sustainability has become a trend, a priority, and a reality, as tens of millions of dollars are being invested to make our country more earth-friendly.

It has been suggested that Northwest Arkansas could very well be the “Green Valley” in the midst of this movement. Area businesses and development groups are beginning to capitalize on this concept. The Bentonville-Bella Vista Chamber of Commerce will host the first Northwest Arkansas Green Expo on May 8-9, 2009.

The Green Expo, a free event that will be open to the general public, will showcase companies, concepts, and networking opportunities. The event will be held at the Benton County Fairgrounds at 7640 SW Regional Airport Blvd., at Hwy 12 and Barron Rd. in Bentonville.

The event will feature speakers from sustainability companies and environmental leadership executives with green seminars and workshops, as well as an outdoor food pavilion.

Visit our official website at: www.nwagreenexpo.com

Interested in land investment in Northwest Arkansas? Visit NorthwestArkansasLand.net to see our land parcels and real estate for sale in Northwest Arkansas. We have properties near Benton County Fairgrounds and the Northwest Arkansas Regional Airport (XNA)! Click here for more information.

Monday, April 6, 2009

Benton County Among Fastest Growing Areas in Nation...

According to the U.S. Census Bureau, Benton County is still among the fastest growing areas in the nation…..

As of July 1, 2008, Benton County is the 58th fastest growing county in the country over the past eight years since the 2000 Census, growing 36.8%. Additionally, the Bentonville School District has grown more than 80% since 2000. Washington County, as well as the Fayetteville-Springdale-Rogers Metro area has followed the same pattern of growth.

NW Arkansas growth has slowed slightly in the past three years, but still maintains a “healthy growth rate” of over 3%. The increases can be attributed to the growth of the business community, including Wal-Mart, Tyson Foods, and J.B. Hunt and the companies that support the major industries. Growth estimates are based on birth, death, tax, military and Medicare records.

The area’s growth affects schools, city infrastructure and emergency services, however it also means a higher tax base to pay for needs. Currently, the area is looking to work on roadways to fight congestion that has occurred as a result of the development in the area. Hospitals are also being relocated and expanded to accommodate growth. There will be another Census in 2010…….

Looking for land or real estate in Northwest Arkansas? Visit NorthwestArkansasLand.net to see properties for sale in Northwest Arkansas! We have properties and land parcels near the Northwest Arkansas Regional Airport (XNA) and Wal-Mart headquarters. Click here for more information.

Friday, April 3, 2009

Allegaint Air to Bring Growth to Northwest Arkansas?

According to The Morning News, Allegiant Air, the new discount air carrier at Northwest Arkansas Regional Airport, has announced that it has seen passenger increases for March….

This is good for the development of XNA and Northwest Arkansas in general.

The discount airline will be flying their MD-80 series jets to and from Los Angeles (LAX) beginning May 22nd and to and from Las Vegas (LAS) beginning June 4th , with fares as low as $79.

Allegiant Air, a Las Vegas-based company, reported an 18.5% increase for the year, and an increase of 12.1% for the quarter year-to-date. Allegiant is known to fly to ‘cities in the sun’, including Orlando, Tampa, St. Petersburg, Ft Lauderdale, Phoenix, and Mesa, AZ.

An analyst claimed that Allegiant Travel is “uniquely positioned to take advantage of and benefit in this environment”, referring to the current economic climate. The airline considers smaller cities that are leisure destinations its core market niche.

Shares of Allegiant Travel Co., the parent company of Allegiant Air, have traded from $15.89 to $49.06 in the past 52 weeks. Click here to read the entire article…..

The expected success of the airline at XNA will be good for Northwest Arkansas real estate and development around the airport. Click here to see properties and land for sale near XNA.