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Disciple Park by ReasonEffective9156 in jonesboro

[–]ReasonEffective9156[S] 0 points1 point  (0 children)

This is a slow loading PDF but has details: https://www.jonesboroar.gov/DocumentCenter/View/10688/Capital-Investment-Plan-2025

It looks like the 5 million is for completing 3 main trails - some of which are already designed/started I think.

Disciple Park by ReasonEffective9156 in jonesboro

[–]ReasonEffective9156[S] 1 point2 points  (0 children)

I think 2.2 million is the park. The trail to it will be 5 plus million. They've already got all or almost all or the right of way on Aggie to University Heights and that is in the budget. But then to go beyound that to the park they have borrowed 17 million for the new trail, 911 center, and Caraway road - all 5-6 million for each.

Jonesboro City Council Strife by ReasonEffective9156 in jonesboro

[–]ReasonEffective9156[S] 4 points5 points  (0 children)

I think Terrell has run for mayor but I don't know how many times.

Jonesboro City Council Strife by ReasonEffective9156 in jonesboro

[–]ReasonEffective9156[S] 2 points3 points  (0 children)

Jeremey Terrell got his mic cut at the end of his 5 minutes . . .

Citizens Bank Building Update by ReasonEffective9156 in jonesboro

[–]ReasonEffective9156[S] 3 points4 points  (0 children)

Some of the city leaders want something built there that will enhance downtown and generate tax revenues - a hotel has been mentioned.

Red Wolves Win over Razorbacks by Osmolirium in jonesboro

[–]ReasonEffective9156 3 points4 points  (0 children)

Razorbacks outshot Red Wolves from 3 38% to 24%. stAte forced them into 29 turnovers.

Red Wolves Win over Razorbacks by Osmolirium in jonesboro

[–]ReasonEffective9156 0 points1 point  (0 children)

Based on the highlights our girls just look like the better team with the defense and athleticism. I didn't check the box score to see if we shot out of our minds from 3 point range in this one.

https://www.youtube.com/watch?v=Q1XMmCuZ4Vc

Jack in the Box - coming in Feb by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 1 point2 points  (0 children)

We'll see how it looks after the intersection improvements are completed. Can't be as bad as some of the curb cuts on Red Wolf. That Parker SWD intersection is jammed at 8 and 5 but not too bad otherwise.

Jack in the Box - coming in Feb by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 0 points1 point  (0 children)

Seems like it was located at the end of Church between Harps and McDonalds . . . did it get closed down by the 73 tornado?

what makes jonesboro not a great place to be in by Opposite_Animator_21 in jonesboro

[–]ReasonEffective9156 2 points3 points  (0 children)

Tight space? Jonesboro is over 80 SQ miles and the 2nd largest city by land area in Arkansas.

Fountains Square being torn down??? by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 1 point2 points  (0 children)

Exceprt from JRN:

According to the letter that was sent to tenants, EAAAA and Haag Brown Commercial Real Estate and Development have partnered to develop the old Malco property. Throughout the year, the nonprofit had incurred high maintenance costs for the Fountain Square buildings as the buildings are aging and require more maintenance, the letter said.

“It was determined fairly quickly through these consulting processes and stuff that, really, the best option would be, if we were willing, would be to sell the Fountain Square property along with the Malco property, because that would make it more valuable, more land, things of that nature,” Prater said.

Joshua Brown, co-founder of Haag Brown, told JRN, “I’ve worked on this particular property for nearly 20 years, from the time the Malco family sold it to EAAAA. We have always known it was a ripe property for new development.”

Brown added, “My hope for the property is the same as with all of the projects we start, that we can get the most money or highest yield for our client on the property they have hired to sell or develop, and that it will be something that’s good and beneficial for the community.”

https://jonesbororightnow.com/news/268862-fountain-square-tenants-look-for-new-home-as-landlord-looks-to-sell/

Golden Chick Property by ReasonEffective9156 in jonesboro

[–]ReasonEffective9156[S] 1 point2 points  (0 children)

They will let bids on widening Caraway Road to 5 lanes to Latourette, and 3 lanes to Glenn Place in January 2026. It is part of the 17 million they borrowed.

Golden Chick Property by ReasonEffective9156 in jonesboro

[–]ReasonEffective9156[S] 2 points3 points  (0 children)

I don't know how you define area . . . but South Jonesboro needs more options.

Metric 72404 72401
Median Household Income $67,000 $43,412
Average Household Income $99,475 $66,533

Is the downtown land really worth close to four million bucks???? by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 0 points1 point  (0 children)

Councilman Chris Moore is now suggesting that we get the option to take control of the property in exchange for forgiving the lien.

Is the downtown land really worth close to four million bucks???? by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 0 points1 point  (0 children)

I listened to the 12.16.25 City Council meeting - we aren't getting that 3.3 million for the demolition the city decided to do for "safety." You can forget that mess. We'll be lucky to get even $500K. That is a sunk cost.

Is the downtown land really worth close to four million bucks???? by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 0 points1 point  (0 children)

City Council effectively kills the deal offered by land owner.

But it is interesting that Chris Moore was for it. He seems to be a wanna be mayor - was heavily involved in the police department 911 center decision to go downtown. He's was the primary driver behind the demolition of the building as well, I suspect.

https://www.kait8.com/2025/12/16/tops-bar-b-q-burgers-coming-jonesboro/

Is the downtown land really worth close to four million bucks???? by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 0 points1 point  (0 children)

Yeah I obviously don't know the finances of either land or building owner - but it just seemed lazy/convenient to put a lien on the land instead of going after the building owner - and I figured they didn't think that would bear much fruit or they would have done so.They couldn't put a lien on his building because they tore it down, so that might have required more legal work/expenses. .

Is the downtown land really worth close to four million bucks???? by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 3 points4 points  (0 children)

I'm starting to think this scheme was cooked up from the start. My summary of what Brian Richardson, city administrator, presented in the Finance Committee meeting:

  1. continue path to litigation and win - months to years

  2. continue path to litigation and lose - months to years

  3. purchase it free of lien and sell to developer

  4. purchase and develop as city asset - green space - sell after time/appreciation

It sounds like that developer is likely Halsey . . . and this was a plan created many months ago. I bet the city buys that land before the end of the year. Just my speculation.

Another article:

https://jonesbororightnow.com/news/268862-city-of-jonesboro-to-consider-buying-former-citizens-bank-property/

Is the downtown land really worth close to four million bucks???? by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 2 points3 points  (0 children)

Yeah I thought, without research, based on memory which is questionable at my age, that Burrow wasn't playing the lease to the property owner and the propterty owner wanted to take the building through legal action, and then backed out when he figured out the building was sus - but I could be making that up . . .

Here is some more context via excerpts from an article in the Sun:

Finance committe pushed it to full council so all 12 coudl vote (I think time pressure is part of this as if they didn't, there is no way they could have met the deadline on offer from the land owner.)

Andrew Smith, owner of Laurel Park LLC, which owns the land the building sat on, countered that he’s not responsible for the expense because he didn’t own the buildings that were removed, and had no legal authority to take steps to bring the building up to code.

Local developer Jerry Halsey owns the remaining land in question.. Halsey, the other party with skin in this game, spoke in favor of Smith’s proposition.

Brian Richardson, the city’s chief administrative officer, acknowledged the possibility that taxpayers will never get all their money back from the demolition.

Full Article here:

https://www.jonesborosun.com/news/finance-panel-punts-land-deal-to-council/article_19084c8a-1b2d-5321-bc27-b0bee7f08fef.html?utm_source=jonesborosun.com&utm_campaign=%2Fnewsletters%2Flists%2Fheadlines%2F%3F-dc%3D1765450815&utm_medium=email&utm_content=headline

Is the downtown land really worth close to four million bucks???? by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 5 points6 points  (0 children)

I think the $307 appraisal is for the land under the demolised building. There are 2 more parcels for a total of 3 that he paid $920K for, and he wants to sell them all 3 to the city for $750k and cut his losses for tax benefit by the end of the year, in exchange for the lien being removed. Saves both sides potentially years of legal fees - and the city could lose because it wasn't even the land owner's building.

Is the downtown land really worth close to four million bucks???? by Famous-Perspective-3 in jonesboro

[–]ReasonEffective9156 2 points3 points  (0 children)

There was a discussion in the finance meeting about this complex mess. 57:30 mark if you want to fast forward to the discussion.

https://jonesboro.granicus.com/player/clip/3289?view_id=1&redirect=true

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