Beau Terre, the largest office park in Northwest Arkansas, recently sold for $44.6 million, according to a news release. The purchase price equals $117 per square foot.

The 35-building, 378,493-square-foot office park east of Interstate 49 and intersected by Arkansas Highway 72 in Bentonville was purchased by an investment group, led by George Dunklin, the release shows. Dunklin owns Five Oaks Duck Lodge in southeast Arkansas and is a Ducks Unlimited board member.

An economic development project announced this past summer in south Fayetteville has earned international recognition for its design.

In November, Rethinking the Future (RFA), an architecture and design platform based in New Delhi, announced the results of its Global Architecture & Design Awards 2023 competition. The global competition recognizes projects showcasing excellence and innovation.

Victor Fedeli and his economic development team sell the province of Ontario seven days a week throughout the world. This week, that endeavor brought Fedeli to Northwest Arkansas.

Fedeli, Ontario’s minister of economic development, a cabinet position under Premier Doug Ford, is one of Ontario’s high-level government and business leaders in Bentonville this week leading a trade mission to Arkansas.

An ambitious economic development project in south Fayetteville was officially launched Tuesday (June 27) on South Cato Springs Road near Kessler Mountain Regional Park.

Dozens of civic leaders, elected officials and supporters gathered at South Cato Springs, a proposed mixed-use development, to mark a significant milestone — securing a $3 million federal grant and a matching $3.48 million grant from the city of Fayetteville. The funding will pay for the initial infrastructure work and bring city sewer services to the 230-acre site.