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IMPACT AWARD

Paths in life often reveal experiences or outcomes that were key to the success of individuals or businesses. These experiences could be a course of study, a serendipitous partnership, or a planned project. CREC believes the impact these types of experiences or outcomes make are crucial to a healthy commercial real estate market and have created Commercial Real Estate Impact awards. 

2025

Arkansas Symphony Orchestra Stella Boyle Music Center

After nearly 60 years of renting space, the Arkansas Symphony Orchestra opened what CEO Christina Littlejohn believes is the only facility that belongs entirely to the orchestra it serves. The 20,000 square-foot, state-of-the-art building seeks to provide a radically welcoming hub of musical activity for all Arkansans, serving youth and adults of all ages. The building will provide access to music education, music performances, and music making through new spaces and a broadcast and recording studio. The building is designed with two wings divided by a central lobby and lounge area. One side houses the administrative offices for the orchestra's 15 staff members, four practice rooms and two classrooms for the orchestra's educational arm, the E. Lee Ronnel Music Academy. This space allows orchestra members to give private and group lessons. The other side of the building features Morgan Hall with space for instrument storage (including the orchestra's 9-foot Steinway piano), a mother's/quiet room, a catering kitchen, and a fully operational recording studio. The center was designed by Witsell Evans Rasco Architects and built by Bailey Construction. The center is a strong presence in the East Village at 1101 E 3rd Street, and in keeping with Arkansas’ rich tradition of music creators, the Stella Boyle Smith Music Center aims to inspire appreciation for all kinds of music, be an accessible resource for those learning the craft, and help cultivate the next generation of music creators.

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2024

Little Rock Police Station and Real Time Crime Center

Little Rock Police Department moved into their new headquarters in 2022 and was able to finish its Real Time Crime Center in 2023. The center has equipment that captures live video feeds from nearly 450 cameras throughout Little Rock. The new headquarters and state-of-the-art technology will allow the LRPD to provide response to safety as well as weather emergencies.

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2024

Little Rock and North Little Rock Community Responders

First responders in Little Rock and North Little Rock jumped into action immediately to provide aid, security, and direction after the March 31, 2023 tornado. The tornado was devastating to the communities and the first responders were vital in the aftermath. 

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2023

UA Little Rock School of Business Real Estate Program

The UA Little Rock School of Business’ Real Estate Program began restructuring in 2017 under the leadership of Elizabeth Small. By 2020, the curriculum offered incoming freshmen a degree that integrated real estate classroom education with experiential learning and research in real estate issues and policy. The current students are involved in entrepreneurial activities and development projects and benefit from panels of executives with real life experience in the real estate industry and exposure to regulatory issues involving real choices and opportunities. The impact on workforce development is clear from the students and graduates who have interned or accepted full-time positions with local real estate companies.

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2023

RAM Partners LLC Multi-Family

Property Management Acquisitions

While each year brings changes in ownership and management of multi-family properties, 2022 saw a level of acquisitions that were unprecedented in the metro Little Rock market. RAM Partners LLC entered the market after acquiring seven multi-family properties for management. Sarah Wigley, Area Vice President, with Marinee Ignacio will oversee management of Arlo, Brightwaters, Esplanade District, McKenzie Park, The Ridge at Chenal Valley, The Villas at River Pointe Dr., and The Waters at Chenal.

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17200 Chenal Parkway, Suite 300

Little Rock, AR 72223 

501.291.2210 • info@crecmlr.org 

© 2019 by Commercial Real Estate Council

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