Booming Northwest | Arkansas Blog

Saturday, May 20, 2006

Booming Northwest

Posted By on Sat, May 20, 2006 at 6:01 AM

Yesterday, a baseball stadium for Springdale. Today, a privately financed sports and entertainment arena seating 9,000 for Bentonville. Yes, we said privately financed. The facility, to be built near the regional airport,k does anticipate some public subsidiy. It would apply for sales tax rebates made available to convention facilities around the state. Sure, they want to sell booze. To do that in Benton County will require a private club permit. This about investors:

Talley said investors don't want to be identified. Some of the investors are involved with a software company, a cab company based in Los Angeles and people involved in real estate and hotels, he said. A news release about the arena identifies investors as a "consortium of local and regional investors."

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