One River Point
Update
01/06/23
One River Point Developers Receive $38M Construction Loan
Fortune International Group and KAR Properties were given a $38 million loan by Bank OZK to fund the initial site work construction for the project. One River Point will feature two connected riverfront-facing residential towers that will rise 66 stories high with 368 residential units combined. The project was acquired by KAR in 2013 for $27.5 million with renderings and plans not being revealed until 2015. 7 years later, plans for the stalled project are finally starting to unfold as developers hope to begin vertical construction in the second or third quarter of 2023 and finish within three and a half years. Stay tuned for more updates on this project!
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