Thursday, May 25, 2017

The Pinnacle Hills Promenade Adapts With the Times

A resident of Rogers, Arkansas for over 30 years, Bill Schwyhart has operated a number of car dealerships in addition to founding and leading Pinnacle Hills, a real estate development . As Managing Partner , Bill Schwyhart oversaw the development of the Pinnacle Hills Promenade, one of Arkansas’ largest shopping centers.

Opened in 2006, in partnership with Chicago-based General Growth, high expectations surrounded the promenade from its inception. In addition to featuring a range of retail chains, many of which are not available anywhere else in Arkansas, the development also placed a focus on fine dining. Designed as an open-air mall, the promenade quickly attracted the attention of big-box retailers and has maintained its status as a leading shopping mall for over a decade.

The Pinnacle Hills Promenade has adapted with the times since its opening, with customers now able to access a mobile app that offers advice on parking, navigational facilities, and notifications of the latest offers at the mall. Available on Google Play and the App Store, the Pinnacle Hills Promenade mobile app serves as a shopping assistant for visitors.

Tuesday, March 14, 2017

Northwest Arkansas’ Impressive Growth

Growing up in Stockton, California, Bill Schwyhart left home when he was 17 years old to begin his journey as an entrepreneur. Bill Schwyhart, is now a real estate developer with major investments in Rogers, Arkansas. 

According to a mid-2016 report by CBRE Real Estate, Rogers and the rest of Northwest Arkansas continue to enjoy impressive growth, with no indicative sign of slowing down. Payroll, population, and planning have been the major factors for the impressive performance. High-paying jobs have led to population growth, which has necessitated local government units as well as the private sector to plan accordingly and pour investments to meet the demand. 

There is synergy between the towns of Fayetteville, Rogers, Bentonville, Springdale, and Siloam Spring, drawing broader attention to the region. With a with a national average surpassing per capita income of $50,686 in 2014, Northwest Arkansas was only behind Houston in terms of having the highest per capita income across metropolitan areas in the South Central United States. Population growth has been recorded at 30 new residents per day in the region. Planned and tax-funded projects include the widening of Interstate 49.