CONSTRUCTION PIPELINE

Northwest Arkansas 3Q 2024

0

UNITS UNDER CONSTRUCTION

0

IN PRE-LEASE /
LEASE UP PHASE

0

UNITS PLANNED

0

PROSPECTIVE UNITS

0

2024 MONTHLY AVG. PRE-LEASE ABSORPTION

0

T24 MONTHLY AVG. PRE-LEASE ABSORPTION

pipeline trends

Share of Inventory Under Construction or in Lease-Up

Pre-Lease Absorption Rate by Month

Multifamily Starts

Construction Pipeline

Forecasted Delivery Dates

Pipeline Status Breakdown by City

Pipeline Data Map

Disclaimer: The property data depicted in our maps is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 8/15/2024, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.

Full Data Table

Property NameProperty AddressCityStateZip CodeUnit CountProperty StatusForecasted Completion DateStart Of Rent Up
Crystal Flats Phase II1401 NE John Deshields BlvdBentonvilleAR72712190In Pre-Lease/Lease Up Phase8/31/245/1/24
First Street Flats401 North 1st StreetRogersAR72756121Under Construction8/31/24
Reserve at Bentonville, TheNWC Greenhouse Road & SW Regional Airport BlvdBentonvilleAR72712312Under Construction8/31/24
102 WestSW 14th Street & Lindy LaneBentonvilleAR72712408Under Construction8/31/24
Talmoore Townhomes, The2093 Oriole StreetSpringdaleAR7276450In Pre-Lease/Lease Up Phase9/30/249/8/20
South Yard Lofts404 West Streamside BendFayettevilleAR72701128In Pre-Lease/Lease Up Phase9/30/242/25/22
Bricks at Brunwick, The101 North 11th StreetFort SmithAR7290166In Pre-Lease/Lease Up Phase9/30/245/26/23
Dodson Pointe Apartment Homes6000 West Stoney Creek DriveRogersAR72758240In Pre-Lease/Lease Up Phase9/30/246/16/23
Mammoth at the Orchard401 North 35th StreetRogersAR7275664In Pre-Lease/Lease Up Phase9/30/248/1/23
Grafton, The2701 South 55th StreetRogersAR72758285In Pre-Lease/Lease Up Phase9/30/2410/26/23
Silos on the Square1510 South Powell StreetSpringdaleAR72764120In Pre-Lease/Lease Up Phase9/30/2412/6/23
Junction at Rogers, The700 North 40th StreetRogersAR72756226In Pre-Lease/Lease Up Phase9/30/241/1/24
Coler Crossing220 North Walton BlvdBentonvilleAR7271260Under Construction9/30/24
Been Road Villas9549 Glen RoadBentonvilleAR72713113In Pre-Lease/Lease Up Phase10/31/241/3/24
Town Branch300 SE D StreetBentonvilleAR72712353In Pre-Lease/Lease Up Phase1/31/255/13/23
Ramsey Village5624 West Wedington DriveFayettevilleAR7270455Under Construction3/31/25
Lumen307 South Walton BlvdBentonvilleAR72712252Under Construction3/31/25
Reserve at Dixieland2002 South Dixieland RoadRogersAR72758236Under Construction3/31/25
Trulo Homes Tara Ridge412 SW Stone BlvdBentonvilleAR72712201In Pre-Lease/Lease Up Phase5/1/254/1/24
Big Emma617 East Emma AvenueSpringdaleAR7276477Under Construction5/31/25
University Lofts at the Sanctuary653 West 15th StreetFayettevilleAR72701152Under Construction8/31/25
Via Emma505 East Emma AvenueSpringdaleAR72764131Under Construction8/31/25
Plaza at Pinnacle Hills, The5501 West Northgate RoadRogersAR72758304Under Construction8/31/25
Villas on Turtle Creek, The201 South 34th StreetRogersAR72756298In Pre-Lease/Lease Up Phase12/31/253/1/24
Claude, The4089 North Shiloh DriveFayettevilleAR72703207Under Construction1/31/26
Ramsay, The1415 Oak Grove RoadSpringdaleAR72762272Under Construction4/30/26
Trails on the CreekKitty Creek Trail & Mud Creek TrailFayettevilleAR72703324Under Construction5/31/26
Dunes at Prairie Valley, TheBuckhorn Flats Road & Kimmel RoadBentonvilleAR71272515Prospective
Midcity Commons2800 SE John Rollow DriveBentonvilleAR72712236Prospective
Main and A1229 SW A StreetBentonvilleAR72712221Prospective
Stoneleigh Centerton Phase II501 East Centerton BlvdCentertonAR7271977Prospective
3509 East Central Avenue3509 East Central AvenueBentonvilleAR72712254Prospective
Lanterns at 4th1003 SE 4th StreetBentonvilleAR72712160Prospective
Clear Creek400 Sanders AvenueSpringdaleAR72764372Prospective
Walnut GroveSW Barron Road & Piercy RoadBentonvilleAR72712310Prospective
Pointe at Rogers Phases II - IV, TheSouth Champions Drive & West Pleasant Grove RoadRogersAR72758100Prospective
Reserve at Siloam Springs420 North Simon Sager AvenueSiloam SpringsAR72761208Prospective
Cottages at Bellview4101 West Langmead DriveRogersAR72758153Prospective
Central & BattlefieldEast Battlefield Blvd & East Central AvenueBentonvilleAR72712500Prospective
3581 West Mt. Comfort Road3581 West Mt. Comfort RoadFayettevilleAR72704329Prospective
South Rainbow RoadSE Plaza Avenue & South Rainbow RoadRogersAR7275874Prospective
Mayflower Road1904 Mayflower RoadBentonvilleAR72712498Prospective
Cottages at Simpson FarmsHighway 112 & Scoggins RoadCave SpringsAR72718322Prospective
Trails at Lowell, TheSouth Dixieland Road & South Pleasant Crossing BlvdRogersAR72758441Prospective
Berryfield Phase II2353 North Lowell RoadSpringdaleAR7276450Prospective
L Street3320 SE L StreetBentonvilleAR7271254Prospective
Adams Road & Regional Airport Blvd TownhomesNWC SW Adams Road & SW Regional Airport BlvdBentonvilleAR72712100Prospective
Pointe Fayetteville685 West Van Asche DriveFayettevilleAR72704422Prospective
South Waukesha Road2500 Waukesha RoadSiloam SpringsAR7276168Prospective
Underwood Park2514 West Lori DriveFayettevilleAR72704602Prospective
Pinnacle Lofts5723 West Stoney Brook RoadRogersAR72758358Prospective
Pleasant CrossingSouth Dixieland Road & Pleasant Crossing BlvdRogersAR7275888Prospective
West End TownhomesWesley Avenue & South West End StreetSpringdaleAR7276465Prospective
151 West Dickson Street151 West Dickson StreetFayettevilleAR72701100Prospective
1275 North Gregg Avenue1275 North Gregg AvenueFayettevilleAR72703174Prospective
First Star4258 South 56th StreetSpringdaleAR72762192Prospective
AxisFutrall Drive & West Wedington DriveFayettevilleAR72701246Prospective
2202 South2202 South 40th StreetSpringdaleAR72762100Prospective
Ritter & Spool100 West Chestnut StreetRogersAR72756100Prospective
Elmore Street & Johnson Mill BlvdElmore Street & Johnson Mill BlvdJohnsonAR72762100Prospective
Cottages at Magnolia Farms EastWest Oak Street & West Walnut Creek PkwyRogersAR7275884Prospective
Junction at Shiloh, The1751 North Shiloh DriveFayettevilleAR72704177Planned
Aronson, The3552 State Highway 112FayettevilleAR72704214Planned
Brentwood VillageHylton Road & Julio RoadSpringdaleAR72764463Planned
Pointe at Rogers, TheSouth Champions Drive & West Pleasant Grove RoadRogersAR72758412Planned
Maison 264264 Bellview StreetLowellAR72745248Planned
Dogwood Place21000 State Route 16Siloam SpringsAR72761126Planned
Greens at Lowell, TheSouth Dixieland Road & West Monroe AvenueLowellAR72745336Planned
District, The4301 South JB Hunt DriveRogersAR7275850Planned
ATRE 28th Street5308 South 28th StreetRogersAR72758248Planned
Pinnacle Springs1750 South Osage Springs DriveRogersAR72758350Planned
Raintree Phases I & II1509 South West End StreetSpringdaleAR7276456Planned
Pinnacle VillageNEC West Highland Knolls Road & South Pinnacle Hills PkwyRogersAR72758500Planned
Grotto at Osage Creek, TheSouth 28th Street & West Chateau DriveRogersAR72758130Planned

METHODOLOGY

Doug Dedmon Headshot - Gray

Doug Dedmon

Senior Director

doug.dedmon@mmgrea.com

Image of Dan

Dan Wiele

Senior Director

dan.wiele@mmgrea.com

Image of Tom

Tom Maloney

Senior Director

tom.maloney@mmgrea.com

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Hank Hicks

Senior Advisor

hank.hicks@mmgrea.com

Alex Blagojevich

Alex Blagojevich

Executive Managing Director & Founding Partner

alex.blagojevich@mmgrea.com

Michael-Sullivan

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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