Great Historic Office Building in Heart of Downtown
190,000 SqFt perfect for multifamily conversion 18 stories with parking deck and 2 Restaurants
Marketing description
The tower building, a proud statement of little rock's heritage, is excited to offer this new highest and best use in what we believe to be the best place to live and work. New multifamily use can provide a reflection of the area's past, present and future.
Downtown Little Rock is vibrant with its surge of new developments and The Tower Building is in the center of it all. Residents will enjoy living close to work in the center of commerce and a short walk or trolley ride to most area attractions and restaurants.
Metro Little Rock region is made up of 12 counties with a population of one million people in its workforce. There are currently 50 active businesses and 10,000 jobs at the Little Rock Port with more coming. City leaders predict thousands of new apartments are needed in the near future to accommodate new business. Downtown Arkansas Children's Hospital and nearby University of Arkansas Medical Sciences are two of the 10 world class health options in the city. Several schools downtown include one block away E Stem Charter School, (K-12) and private schools, historic Central High School and Philander Smith College. Company headquarters including Dillard’s, Acxiom, Heifer are located downtown. Historic Churches and Cathedrals outline many of the area streets. Downtown Little Rock is a thriving exciting walkable community to invest.
Investment highlights
18 stories 190,000 gross sf
Boundary of Fourth, Center, and Louisiana Streets
Adjacent parking deck currently 226 spaces w EV station
Ground floor Famous artwork from Metropolitan Art Museum flashed in hallway
Typical floor 9305 rentable sf Four elevators
Eighteenth floor rooftop deck
Second floor deck great for fine dining restaurant or resident common area park
Light and Airy floors with abundance of window space
National Historic Register
Two established charming cafes on Lobby floor with outside dining
Two favorite beauty salons
Zoning in place for new use of Multifamily/Mixed Use
Local and National Tax Credits Available
Location Highlights:
Beautiful meandering Arkansas River views with famous downtown attractions
High profile location in center of commerce downtown Little Rock
Walk to 15 restaurants within three blocks, fitness clubs, banks, fun attractions
Walk to Historic Capital Hotel, Robinson Center and Doubletree Hotel
One block from Main Street, LR Technology Park, other
One block from new AC Marriott, charming Pulaski County Courthouse
Walk to Old State House Museum, Historic Arkansas Museum
Nearby William J Clinton Presidential Center, Heifer International Headquarters, new elegant Arkansas Museum of Fine Arts, new Arkansas Symphony home, Museum of Discovery, Central Arkansas Main Library, Arkansas State Capitol, Walking and bicycle trails nearby, City Trolley
Trolley Ride to Simmons Bank arena, River Market bars and restaurants, Dickey Stephens ballpark, home of the Arkansas Travelers
Ten-minute drive to Clinton National Airport
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