Jan 24, 2024 | Community, Employment
Buyers in Bentonville will have plenty of affordable homes to choose from. Inventory levels are high in the area and the median listing price is well below the national level, according to Hannah Jones, senior economic research analyst for Realtor.com. “It’s home to the Walmart headquarters which means that job opportunities and economic growth abound,” she said. “Nearby to the Ozark mountains, Bentonville offers both economic stability and access to picturesque nature.”
Jan 7, 2024 | Cycling, Outdoor and Recreation Investments
Approximately 300 gravel cyclists showed out in force on Sunday, Jan. 7, for the Arkansas R3 Pea Ridge Ramble Ride. Riders completed a 30- or 36-mile route, which stopped at the Pea Ridge R3 hub, as well as Pea Ridge City Hall. Mayor Nathan See met gravel cyclists and talked about his vision for the future of gravel riding in Pea Ridge.
Dec 14, 2023 | Cycling, Outdoor and Recreation Investments, Property Development and Management
On Dec. 5, Bentonville city planners granted a conditional use permit to Bentonville developer Blue Crane for its “Bentonville Cycling Center” project. The outdoor recreation facility is proposed for approximately 160 acres. The land is north of Interstate 49, west of Slaughter Pen Road and south of Ford Springs Road.
Dec 10, 2023 | Art, New Ventures and Investments
Researchers determined that the region’s nonprofit arts and culture industry and their devoted audiences generated $232.6 million in economic activity in 2022. New reports by the national nonprofit Americans for the Arts included the findings. The study was completed in conjunction with Northwest Arkansas nonprofit Creative Arkansas Community Hub & Exchange (CACHE), Arkansas Arts Council and Arkansans for the Arts.
Dec 5, 2023 | New Ventures and Investments, Outdoor and Recreation Investments
LIVSN Designs, a sustainable outdoor apparel brand built on the idea that you need great clothing to live a well-worn life, is pleased to announce that it has raised a round of seed capital led by RZC Investments, a Bentonville-based multi-strategy investment firm deploying capital on behalf of Steuart Walton and Tom Walton.
The investment is a strategic step in furthering LIVSN’s commitment to redefining outdoor apparel through sustainability and innovation, and will support team expansion, further product-line diversification, and distribution scale-up. RZC was joined in investment by Cadron Capital Partners and Techstars, among others.
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