Blue Crane ventures into Bella Vista with $33.9M acquisition that includes Sugar Creek Center

Blue Crane ventures into Bella Vista with $33.9M acquisition that includes Sugar Creek Center

Bentonville real estate developer Blue Crane completed a real estate acquisition for approximately 54 acres in Bella Vista in three separate deals totaling $33.9 million, laying the groundwork for future developments. The property acquired lies east of U.S. Highway 71 Business and includes the 9.5-acre, 48,000-square-foot Sugar Creek Shopping Center, a multi-tenant shopping center anchored by a grocery store, Allen’s Food Market. The remaining land is north and east of the shopping center.

Recent study illustrates how the arts help power Northwest Arkansas’ economy

Recent study illustrates how the arts help power Northwest Arkansas’ economy

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.

Apparel Company LIVSN Designs Secures Seed Capital From RZC Investments

Apparel Company LIVSN Designs Secures Seed Capital From RZC 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.

Outdoor Recreation is ‘Big Business,’ With Room to Grow

Outdoor Recreation is ‘Big Business,’ With Room to Grow

“Northwest Arkansas has seen an explosion in the outdoor economy due to strategic investments in infrastructure and experiences,” Tom Walton said. “There’s no reason a person couldn’t start a small business or make a career in the outdoor industry here. And it’s the council’s job to make those opportunities visible to all Arkansans. We used to be called the Land of Opportunity, and now we are the Natural State. There’s no reason we can’t be both.”

With RZC investment, Loloft planning new location in Rogers

With RZC investment, Loloft planning new location in Rogers

Bentonville-based RZC Investments, the investment platform for Steuart and Tom Walton, grandsons of Walmart founder Sam Walton, has invested an undisclosed amount in commercial real estate startup Loloft in Rogers.

Loloft is an acronym for “Local Logistics, Flexible Terms.” The business model operates similarly to a regular co-working concept but is marketed to early-stage or growing companies by offering warehouse spaces on a flexible basis with lease terms starting at 30 days.

NWA is ready for takeoff

NWA is ready for takeoff

Northwest Arkansas has the potential to be a leader in aviation, but creating a culture to support the industry is a slow process, Steuart Walton told Axios.

Driving the news: UP.Partners, Steuart and Tom Walton, and Ross Perot Jr. hosted UP.Summit in Bentonville this week, an event that draws established and startup companies to discuss the future of transportation.