The local franchise owner of a Georgia-based preschool and child care franchise has secured the land where the development will be built near Pinnacle Country Club in Rogers.
Katie and Hunter Hart of Rogers paid $640,000 ($7.78 per SF) for the 1.89-acre site, situated behind the offices of dentist Nick Yiannios on Pinnacle Hills Boulevard.
The previous owner was Big Fam LLC of Cave Springs.
The purchase was backed with a loan of $3.58 million from Evolve Bank & Trust of Denver.
Katie Hart is the school’s franchise owner and day-to-day operator. Construction is imminent on a 12,200-SF building that will be known as Primrose School of Rogers. The school will have an enrollment capacity of 203 children from six weeks old through Kindergarten, and will also feature afterschool programs.
The... [ MORE ]