The 180,000 SF six story office building will be located at 805 S. Walton Blvd., directly across from the Wal-Mart Home Office. It will include retail and restaurant space on the first floor as well as an adjacent parking deck with 180 spaces.
The city has not yet received information on what the proposed structure will cost to build. Based on per square foot building permit values of other class A office space built in Northwest Arkansas in recent years, the cost to build could be around $15 million, not including the parking deck. That cost does not include furnishings.
Construction at the 8W Center is expected to start in October with demolition and site work starting as early as September. Construction may be complete by fall 2016.
