Pavecon completes new Arkansas headquarters in Cave Springs – Talk Business & Politics

Texas-based Pavecon Ltd., a concrete and asphalt paving firm, has accomplished the development of a brand new headquarters for its Northwest Arkansas regional workplace.

The roughly 10,000-square-foot constructing is on South Predominant Avenue in Cave Springs. CDI Contractors was the overall contractor, utilizing a constructing allow valued at $1.8 million. Burris Structure in Bentonville dealt with the design work. Non-public financing backed the development.

Ben Shankle leads the corporate’s Northwest Arkansas workplace. He mentioned the constructing would be the anchor of a 45-acre mixed-use industrial growth envisioned to incorporate roughly 20 buildings. Shankle mentioned they are going to be marketed to industrial workplace/warehouse tenants.

P4 Companions Ltd., the true property holding firm of Pavecon’s regional workplace, paid $450,000 for the bank-owned land in 2012. It’s located on the east facet of Arkansas Freeway 112, roughly 1 mile south of Freeway 112/264 intersection.

“At the moment, I had a imaginative and prescient for this property,” Shankle mentioned. “It took us just a few years to get to, however we’re taking some main steps this 12 months in direction of realizing that dream.”

Shankle mentioned Rogers engineering agency Crafton Tull of Rogers is working to allocate 15 acres for a multiphase self-storage facility with roughly 700 models. It is going to be a mixture of climate-controlled, drive-up and leisure automobile (RV)/boat storage. Wil-Shar Metal of Rogers can also be nearing metal erection for 2 extra buildings, every roughly 12,000 sq. ft.

Shankle opened Pavecon’s regional workplace in Bentonville with six staff in February 2011. The corporate now employs greater than 135 folks in Northwest Arkansas. Shankle declined to reveal particular income figures, however he mentioned the Northwest Arkansas division is producing income similar to different Pavecon divisions in Dallas, Houston and San Antonio.