8W Center Approved By Planning Commission

Aug 27, 2015

8w center         8w center map

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.

 

 

Related Articles

80,000 SF State-of-the-Art Development in Lowell

Sage recently co-developed a 80,000sf warehouse building in Lowell for Delta Systems.  The building is state-of-the-art to suit Delta’s needs and includes 20,000sf of office space with a Class A warehouse area.  Delta specializes in the manufacture of product handling, feeding and flow-wrapping systems for the food (bakery, confectionery, frozen, grocery), pharmaceutical, personal care and […]

Read More

Warehouse shortage in NWA presents opportunities

Warehouse shortage in Northwest Arkansas presents opportunities for developers – Talk Business & Politics Businesses looking for warehouse space in Benton and Washington counties many times hit a wall because either the space available is outdated, or no space is available. The region’s total warehouse space is roughly 28 million square feet, according to a […]

Read More

Emerging Trends in Real Estate for 2016

Emerging Trends in Real Estate 2016 reflects the views of more than 1,800 industry experts, including investors, fund managers, developers, property companies, lenders, brokers, advisers, and consultants. 1.       18-hour cities 2.0 Last year Emerging Trends identified the rise of the 18-hour city.  This year, the real estate industry is expressing growing confidence in the potential for investment in […]

Read More