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February 3, 2005

Goodman Real Estate

Seattle-based Goodman Real Estate is developing a $300 million lifestyle center in Rogers, Ark., with The Nelson and Beaty Co. of Fort Smith, Ark. Urban Retail Properties Co. of Chicago has joined the project as retail consultant on Centre Pointe at Pleasant Grove, which will total 184 acres. Liberty Bank of Arkansas provided acquisition financing, and the Rogers City Council approved the necessary zoning, according to the developers. Construction is set to start this summer. The first phase calls for 350,000 square feet of retail, 70,000 square feet of other commercial space, a hotel and more than 180 condos.




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