Northwest Arkansas Business Journal - NWABusinessJournal.com

Developers Jockeying for Position

Enrollment at the University of Arkansas has increased dramatically in recent years. Last fall, Chancellor G. David Gearhart announced there were 23,199 students at the state’s flagship university. That represented a 17 percent increase from an enrollment of 19,849 in the fall 2009 semester. The enrollment figures among freshmen were even more significant with 4,462 students on campus, representing a 53 percent increase from the freshman class enrollment of 2,919 just two years ago. Like bees to honey, companies that specialize in purpose-built student housing — and even a couple of firms that are taking their first shot in the market — have zeroed in on Fayetteville. Developers from near and far have proposed four upscale housing developments in the city targeting the UA... [ MORE ]