Location: Arkansas
Problems:
- Client vacated an outmoded 75,000 square foot service building on 2.5 acres of land
- The lot-to-building ratio prevented standard commercial re-use
Outcome:
- Actio identified the value in retaining the existing structure to maintain setback allowances
- A developer purchased the building and land, converting the existing building into a 100-person hotel.
- The new concept received special zoning approval, and was seen by the municipality as a catalyst for future growth in the area.