Bank of the Ozarks
announced today that would build a 247,000-square-foot corporate headquarters on a 44-acre site at The Ranch on Highway 10, a project reported in the works by Arkansas Business last year.
When completed in 2019 or 2020, some 500 employees will move into the building, with a capacity of 800 to 900.
of Little Rock, the bank's CEO, touted the city as a lure for recruiting and said the new building would accommodate long-term growth for many years.
Gov. Asa Hutchinson and Mayor Mark Stodola were on hand for the announcement.
The bank has grown from a small bank purchased by Gleason in 1979 to 252 offices in nine states and is described as the largest bank headquartered in Arkansas.