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$300 million shopping center planned at Rogers.(Goodman Real Estate Inc. and The Nelson and Beaty Co. LLLP partners with Urban Retail Properties Co.)

About 1 pages (405 words)

Arkansas Business, January 31st, 2005

Goodman Real Estate Inc. of Seattle and The Nelson and Beaty Co. LLLP of Fort Smith said last week that they will partner with Urban Retail Properties Co., a Chicago third-party retail management company, to develop a new mixed-use project: Centre Pointe at Pleasant Grove. The 184-acre shopping center off Pleasant Grove Road in Rogers is valued at $300 million. Plans call for 350,000 SF of retail space, 70,000 SF of commercial space, a hotel and more than 180 condominiums. The developers said they will submit large-scale development plans to the Rogers Planning Commission in May. They hope t...

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