Northwest Arkansas Construction Pipeline 2Q24

MARKET SNAPSHOT

0

Existing Units

0 %

share of existing inventory uc

0

total units under construction or in lease-up

# 0

rank*

1 = Highest Share of Inventory UC

0

units delivering in next 4q

0

delivered in the last 4q

* Rank is based on the share of inventory (Units Under Construction/existing inventory) for the largest 150 Markets

Construction Pipeline

Prospective

7,311 Units

Planned

3,315 Units

Under Construction

3,024 Units

UC/Lease-Up

2,541 Units

Rental Category

Pre-lease Absorption Rate by Month

Multifamily Starts

Submarket Breakdown

Northwest Arkansas Construction Pipeline

The information provided in this construction pipeline map is obtained from CoStar. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.
Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

Full Data Table

SubmarketProperty NameAddressCityStateZIPUnit CountProperty Status
Rogers - WestTrulo Homes Tara Ridge412 SW Stone BlvdBentonvilleAR72712201UC/Lease-up
Rogers - SouthVillas on Turtle Creek, The201 South 34th StreetRogersAR72756298UC/Lease-up
Rogers - WestBeen Road Villas9549 Glen RoadBentonvilleAR72713113UC/Lease-up
Rogers - NorthJunction at Rogers, The700 North 40th StreetRogersAR72756226UC/Lease-up
Springdale - EastSilos on the Square1510 South Powell StreetSpringdaleAR72764120UC/Lease-up
Rogers - SouthGrafton, The2701 South 55th StreetRogersAR72758285UC/Lease-up
Fayetteville - NortheastTrails at Paradise Valley, The3911 North Old Missouri RoadFayettevilleAR72703240UC/Lease-up
Rogers - NorthMammoth at the Orchard401 North 35th StreetRogersAR7275664UC/Lease-up
Rogers - SouthDodson Pointe Apartment Homes6000 West Stoney Creek DriveRogersAR72758240UC/Lease-up
Springdale - WestHillcrest Village3958 Cornell DriveSpringdaleAR72762157UC/Lease-up
Fort Smith - NorthBricks at Brunwick, The101 North 11th StreetFort SmithAR7290166UC/Lease-up
Rogers - NorthTown Branch300 SE D StreetBentonvilleAR72712353UC/Lease-up
Fayetteville - SouthSouth Yard Lofts404 West Streamside BendFayettevilleAR72701128UC/Lease-up
Springdale - EastTalmoore Townhomes, The2093 Oriole StreetSpringdaleAR7276450UC/Lease-up
Fayetteville - Central1275 North Gregg Avenue1275 North Gregg AvenueFayettevilleAR72703174Prospective
Fayetteville - Central151 West Dickson Street151 West Dickson StreetFayettevilleAR72701100Prospective
Fayetteville - CentralAxisFutrall Drive & West Wedington DriveFayettevilleAR72701246Prospective
Fayetteville - SouthUniversity Lofts at the Sanctuary653 West 15th StreetFayettevilleAR72701152Under Construction
Fayetteville - West3581 West Mt. Comfort Road3581 West Mt. Comfort RoadFayettevilleAR72704329Prospective
Fayetteville - WestAronson, The3552 State Highway 112FayettevilleAR72704214Planned
Fayetteville - WestJunction at Shiloh, The1751 North Shiloh DriveFayettevilleAR72704177Planned
Fayetteville - WestRamsey Village5624 West Wedington DriveFayettevilleAR7270455Under Construction
Fayetteville - WestUnderwood Park2514 West Lori DriveFayettevilleAR72704602Prospective
Fayetteville - NortheastBrentwood VillageHylton Road & Julio RoadSpringdaleAR72764463Planned
Fayetteville - NortheastClaude, The4089 North Shiloh DriveFayettevilleAR72703207Under Construction
Fayetteville - NortheastPointe Fayetteville685 West Van Asche DriveFayettevilleAR72704422Prospective
Fayetteville - NortheastTrails on the CreekKitty Creek Trail & Mud Creek TrailFayettevilleAR72703324Under Construction
Springdale - EastBerryfield Phase II2353 North Lowell RoadSpringdaleAR7276450Prospective
Springdale - EastClear Creek400 Sanders AvenueSpringdaleAR72764372Prospective
Springdale - EastElmore Street & Johnson Mill BlvdElmore Street & Johnson Mill BlvdJohnsonAR72762100Prospective
Springdale - EastRaintree Phases I & II1509 South West End StreetSpringdaleAR7276456Planned
Springdale - EastVia Emma505 East Emma AvenueSpringdaleAR72764131Under Construction
Springdale - EastWest End TownhomesWesley Avenue & South West End StreetSpringdaleAR7276465Prospective
Springdale - West2202 South2202 South 40th StreetSpringdaleAR72762100Prospective
Springdale - WestRamsay, The1415 Oak Grove RoadSpringdaleAR72762272Under Construction
Rogers - EastFirst Street Flats401 North 1st StreetRogersAR72756121Under Construction
Rogers - EastRitter & Spool100 West Chestnut StreetRogersAR72756100Prospective
Rogers - SouthATRE 28th Street5308 South 28th StreetRogersAR72758248Planned
Rogers - SouthCottages at Bellview4101 West Langmead DriveRogersAR72758153Prospective
Rogers - SouthDistrict, The4301 South JB Hunt DriveRogersAR7275850Planned
Rogers - SouthGreens at Lowell, TheSouth Dixieland Road & West Monroe AvenueLowellAR72745336Planned
Rogers - SouthGrotto at Osage Creek, TheSouth 28th Street & West Chateau DriveRogersAR72758130Planned
Rogers - SouthMaison 264264 Bellview StreetLowellAR72745248Planned
Rogers - SouthPinnacle Lofts5723 West Stoney Brook RoadRogersAR72758358Prospective
Rogers - SouthPinnacle Springs1750 South Osage Springs DriveRogersAR72758350Planned
Rogers - SouthPinnacle VillageNEC West Highland Knolls Road & South Pinnacle Hills PkwyRogersAR72758500Planned
Rogers - SouthPlaza at Pinnacle Hills, The5501 West Northgate RoadRogersAR72758304Under Construction
Rogers - SouthPleasant CrossingSouth Dixieland Road & Pleasant Crossing BlvdRogersAR7275888Prospective
Rogers - SouthPointe at Rogers Phases II - IV, TheSouth Champions Drive & West Pleasant Grove RoadRogersAR72758100Prospective
Rogers - SouthPointe at Rogers, TheSouth Champions Drive & West Pleasant Grove RoadRogersAR72758412Planned
Rogers - SouthReserve at Dixieland2002 South Dixieland RoadRogersAR72758236Under Construction
Rogers - SouthSouth Rainbow RoadSE Plaza Avenue & South Rainbow RoadRogersAR7275874Prospective
Rogers - SouthTrails at Lowell, TheSouth Dixieland Road & South Pleasant Crossing BlvdRogersAR72758441Prospective
Rogers - North3509 East Central Avenue3509 East Central AvenueBentonvilleAR72712254Prospective
Rogers - NorthCentral & BattlefieldEast Battlefield Blvd & East Central AvenueBentonvilleAR72712500Prospective
Rogers - NorthL Street3320 SE L StreetBentonvilleAR7271254Planned
Rogers - NorthLanterns at 4th1003 SE 4th StreetBentonvilleAR72712160Prospective
Rogers - NorthMain and A1229 SW A StreetBentonvilleAR72712221Prospective
Rogers - NorthMidcity CommonsSE 28th Street & SE John Rollow DriveBentonvilleAR72712236Prospective
Rogers - West102 WestSW 14th Street & Lindy LaneBentonvilleAR72712408Under Construction
Rogers - WestAdams Road & Regional Airport Blvd TownhomesNWC SW Adams Road & SW Regional Airport BlvdBentonvilleAR72712100Prospective
Rogers - WestColer Crossing220 North Walton BlvdBentonvilleAR7271260Under Construction
Rogers - WestCottages at Simpson FarmsHighway 112 & Scoggins RoadCave SpringsAR72718322Prospective
Rogers - WestDunes at Prairie Valley, TheBuckhorn Flats Road & Kimmel RoadBentonvilleAR71272515Prospective
Rogers - WestLumen307 South Walton BlvdBentonvilleAR72712252Under Construction
Rogers - WestMayflower Road1904 Mayflower RoadBentonvilleAR72712498Prospective
Rogers - WestReserve at Bentonville, TheNWC Greenhouse Road & SW Regional Airport BlvdBentonvilleAR72712312Under Construction
Rogers - WestStoneleigh Centerton Phase II501 East Centerton BlvdCentertonAR7271977Prospective
Rogers - WestWalnut GroveSW Barron Road & Piercy RoadBentonvilleAR72712310Prospective
Siloam SpringsDogwood Place21000 State Route 16Siloam SpringsAR72761126Prospective
Siloam SpringsReserve, The420 North Simon Sager AvenueSiloam SpringsAR7276150Prospective
Siloam SpringsSouth Waukesha Road2500 Waukesha RoadSiloam SpringsAR7276168Prospective
Springdale - EastBig Emma617 East Emma AvenueSpringdaleAR7276477Planned
Rogers - NorthCrystal Flats Phase II1401 NE John Deshields BlvdBentonvilleAR72712190Under Construction

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ALL REPORTS

METHODOLOGY

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Doug Dedmon

Senior Director

doug.dedmon@mmgrea.com

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Alex Blagojevich

Executive Managing Director & Founding Partner

alex.blagojevich@mmgrea.com

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Michael Sullivan

Executive Managing Director & Founding Partner

michael.sullivan@mmgrea.com

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AS FEATURED IN

Construction Pipeline Report Methodology

Market Snapshot

Existing Units:  An estimate of the number of units in properties with 50 or more units.

Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.

Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.

Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.

Construction Pipeline Status

Prospective: Early-stage project concepts.

Planned: Projects with approved conceptual plans by planning/zoning authorities.

Under Construction: Actively developed properties.

UC/Lease-Up: Properties under development and pre-leasing.

Rental Category

Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.

High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.

Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).

Workforce: Aimed at blue-collar workers with lower incomes.

Pipeline Map & Data Table

Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.

Construction Pipeline Map

The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

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