In
1990, Belz Enterprises and Bruce Burrow
established a partnership that has continued to
grow and thrive ever since. BelzBurrow, headquartered in
Jonesboro, Ark., has helped put Jonesboro on the
map with over 80 years combined experience in
shopping center development and acquisition.
Their developments continue to spring up all
around town to meet the growing needs of
Jonesboro and surrounding cities.
There was a substantial amount
of activity at BelzBurrow throughout 1997.
Bernard Court Shopping Center in Jonesboro has
recently signed a lease with Shoe Carnival for an
additional 12,000 square feet. Also, complete
renovations of the buildings exterior,
parking lots and landscape began March 1, 1998.
Last year, BelzBurrow
acquired a former Kroger building adjacent to the
new Kroger prototype in Jonesboro. A complete
renovation of the building into a Books-A-Million
took place and opened in February 1998.
The Shoppes of Rockwood in
Cabot, Ark. is a 160,000-square foot shopping
center anchored by a recently opened Wal-Mart
Super Center. Interest in the project has been
overwhelming and all retail space will be leased
prior to construction.
BelzBurrow is also
continuing construction of West Point Shopping
Center in Paragould, Ark. The first phase was
completed in October 1997 and Phase II is
scheduled for completion in July 1998. Current
tenants include Wal-Mart Super Center,
Friedmans Jewelers, GNC and Dollar Tree.
Future tenants include Goodys Family
Clothing, Subway and Hollywood Entertainment.
In 1997, BelzBurrow
developed Ridge Park, a Jonesboro project
anchored by a Wal-Mart Super Center. A Hallmark
Gold Crown Store also recently opened in Ridge
Park and the leasing program is moving forward at
full-speed. Most recently, the Crossroads
property (former Safeway property) was purchased
by BelzBurrow and will be redeveloped into
a retail center.
One of the most exciting
changes at BelzBurrow was the move into
their new corporate office on March 2, 1998. The
new address is: First Bank Building, Suite 5000,
2400 East Highland Drive, Jonesboro, AR 72401.
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