The historic YMCA building at 6th and Broadway in Little Rock, purchased in 2005 by California-based real estate developer Tower Investments, has been sold to a yet-to-be-disclosed buyer. Hank Kelley with Flake and Kelley Commercial Real Estate said that he brokered the sale for Tower, but wasn't at liberty to reveal the buyer or redevelopment plans. The deed isn't yet on file. Tower listed four Little Rock properties for sale with Flake and Kelley in June, including the YMCA, M.M. Cohn, Arkansas and Boyle Buildings. The M.M. Cohn, Arkansas, Lafayette and Boyle buildings were all part of a $3.87 million block-sized buy Tower made for a mostly unrealized mixed-use commercial/residential development.
The 43,000-square-foot YMCA building was built in 1928. It was placed on the National Register of Historic Places in 1979.
Well paid and better paid
The Times reported last week that Les Wyatt, former president of Arkansas State University, is now a professor at ASU-Jonesboro with an annual salary of $115,600, and that some ASU professors considered this excessive in comparison to other faculty salaries. We've since learned that John White, former chancellor of the University of Arkansas at Fayetteville, is now a UAF professor at a salary of $226,000. White resigned as chancellor in 2008. He's now a "distinguished professor of industrial engineering."
Target says its new store on University Avenue, on the site of the former University Mall, will open in October. A specific, firm date is "coming soon," a spokesman said. And speaking of new retail stores: mid-October also was the supposed opening date for the rebuilt Kroger on Beechwood in Hillcrest. A store employee said this week, however, that as close as she can predict at the moment is "fall."
No more chaw
The War Memorial Stadium Commission has added smokeless tobacco to its prohibitions on tobacco in the city's football stadium. There now will be no smoking, dipping or chewing allowed inside or outside the stadium or on its parking lots. City park property is another matter. The golf course, a popular tailgate locale, in theory is covered by a no-smoking policy, but it is policy only, not a city ordinance. If smokers get too antsy during a football game, they can always head to the Little Rock Zoo, where the Zoo board, including tobacco lobbyist J.J. Vigneault, have refused to eliminate smoking zones.