If you live in Fayetteville–you may have noticed orange sidewalk cones and a newly demolished building along north College Avenue.
Some are saying its ushering in revitalization to the heart of Fayetteville.
The plan is to put more people back into an area of Fayetteville that has been on a slight decline in recent years, regardless of the overall population growth in northwest Arkansas.
Mark Zweig says his companies mission is to rebuild Fayetteville one house at a time–
His company–Mark Zweig, Inc. is planning to build a 17-unit furnished apartment complex made up of 4 buildings, located at 521 north college avenue. Its replacing the old twin arch motel that was a major eyesore in that area.
“I think its going to be a really cool place for people to live, that’s what really gets me jazzed” said Mark Zweig.
Its part of a revitalization effort being done along north College Avenue from maple to North Street.
Dale Carlton of Carlton Reality, Inc. sold the location to Zweig says, “We experienced a slow down from an overbuild and we are now in a scenario where we actually have a shortage of homes in a specific price range in the area.”
But its not just residential housing that’s getting an update there.
“There have been some good things done over here already, we’re not the only ones. Tiffany Casta redid the Starlight Skatium, and they did a wonderful job transforming that building, and then Ben Marion did the same thing over here with 529 Midtown.”
All this new development is also being ushered in by the city of Fayetteville.
It’s making improvements and additions to sidewalks in the area, as well as installation of decorative street lights, modification of the traffic signals at maple and north to accommodate 4-way pedestrian crossings, and the removal of overhead electric lines.
“Somebody asked me what happens when I run out of places to redo, I said it’s not going to happen you know, there’s just so much here.”
Contractors say they hope to have the new apartments completed in the next nine to twelve months and all other construction being done by the city should be completed by the end 2016.