Arkansas Business has a full report on the news conference about plans to turn the old Blass building at 315 Main into 30 apartments and a jazz club. The developer, Scott Reed, promises two floors of work completed in six months, with the jazz club/restaurant to open not long after. And he talks of further plans for the Main Street corridor, inspired by the hoped-for success of this project.
Apartments are a readier sell in today's market. Reed's group earlier received a $1.8 million no-interest federally backed loan to renovate and build affordable rental units in the 12th Street corridor. Here's the website for Reed's company.