NEW MANAGEMENT: Kramer School Lofts

  • NEW MANAGEMENT: Kramer School Lofts

Fresh off taking a likely bath in its defaulted bond issue to keep Yarnell’s Ice Cream in business, the Arkansas Development Finance Authority has been struggling this week with refinancing deals on a couple of cratered historic renovation projects in downtown Little Rock.

Advertisement

It has completed new financing, with new management, for the Kramer School Lofts project in the old Kramer School. It is also working on new financing for the East Side Lofts (below).

eastsidelofts.jpg

Advertisement

Read on for Leslie Newell Peacock’s report on these two projects.

Arkansas Times: Your voice in the fight

Are you tired of watered-down news and biased reporting? The Arkansas Times has been fighting for truth and justice for 50 years. As an alternative newspaper in Little Rock, we are tough, determined, and unafraid to take on powerful forces. With over 63,000 Facebook followers, 58,000 Twitter followers, 35,000 Arkansas blog followers, and 70,000 daily email blasts, we are making a difference. But we can't do it without you. Join the 3,400 paid subscribers who support our great journalism and help us hire more writers. Sign up for a subscription today or make a donation of as little as $1 and help keep the Arkansas Times feisty for years to come.

Previous article Little Rock gets grant for Main Street arts project Next article Our Town arts grant for LR