Thursday, May 28, 2009

Newer, Faster Projects for Development in NW Arkansas?

According to nwanews.com, Bentonville is looking to execute some “smaller-scale projects”-- while waiting for a prior-approved project--the widening of Southwest I Street from Hwy 12 to Hwy 102 to a four-lane thoroughfare.

Bentonville voters approved a $118 million bond in 2007, of which 85% of monies must be spent by 2010. As I Street awaits approval, two other projects have been proposed for execution:

First proposed project:
  • Connecting Northwest 5th St. to North Walton Blvd. in Bentonville
  • Would alleviate congestion during school hours
  • Area encompasses three elementary schools, one middle school and a junior high school

Second proposed project:
  • Beautification initiative to tie NW 2nd St., near Midtown Center, to the rest of the Bentonville Square
  • New paving, brick sidewalks and crosswalks, decorative street lamps
The current economy is driving competition in the construction industry. In Northwest Arkansas, construction bids are coming in as low as 30% lower than comparable bids made from 2007-2008. Many Bentonville councilpersons are arguing that it makes sense to pay for these projects before the economy drives pricing upward. Northwest Arkansas Regional Airport (XNA) officials have also experienced recent, lower construction bids amid the Highfill expansion…..

The council is expected to vote on the Bentonville projects in the near future.

Interested in Northwest Arkansas land and development? Visit Northwestarkansasland.net. View properties for sale in Arkansas, near Wal-Mart headquarters and Northwest Arkansas Regional Airport (XNA). Click here for more information….

1 comment:

Unknown said...

Has anyone talked to the property owners on NW 5th or H streets? This proposal would add a large amount of traffic to an otherwise quiet neighborhood. With no cross street at this location of Walton blvd adding through street just seems easy not effective. through streets should be thoroughfares connecting two parts of town. this will just create a slowdown on Walton and at the corner of tiger and NW 5th