In Jonesboro, Developers Turn Attention Back to Caraway

In Jonesboro, Developers Turn Attention Back to Caraway

"Selfishly, we live here, we own a lot of real estate here, we want that to be a vibrant corridor," said Josh Brown, principal and CCIM for Haag Brown Development, one of the primary forces behind the Caraway efforts.

"We're still doing a lot of stuff to finish out that Fairground development but where the really big deals are headed are to the intersection of Caraway and Highland," Brown said.

"That was kind of the consensus [that] Caraway was old and tired, the traffic counts were declining and the population wasn't what you wanted" Brown said. "They were chasing that Red Wolf Boulevard."

"In Jonesboro we were a little bit immune from that," Brown said. "The key sectors that we had grew during a hard economic time."

"It's the retail intersection of our city again," Brown said. "That only happens in markets the size of Jonesboro or Conway. That only happens 10 years or so."

ArkansasBusiness

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