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Living

Garth and Joann Martin

Rainwood Flats

When Garth and Joann Martin decided to downsize from their large house on a large lot in Leawood, they looked at moving to Hillcrest, but settled on downtown because “it’s just where we need to be with our lifestyle,” Garth said. The retired couple paid $330,000 in July 2005 for their 1,800-square-foot, two-bedroom Rainwood Flats condo at 515 E. Capitol, which has views of the River Market, the Clinton Library and Heifer International. It puts them within a couple of minutes of all the places where they volunteer and spend their leisure time, they said: The Rep, the Clinton Library, the ArtsCenter, Robinson Auditorium.

<module>Though in their 70s, the Martins aren’t the oldest residents in their building, and they said they know several other retirees who live downtown. Their neighbors include a retired doctor, the head of the state Department of Higher Education, and several lawyers. One-bedroom condos in the building go for about half what the Martins paid, so “it’s very eclectic, which we like,” Joann said.

When they decided to move downtown, they caused some raised eyebrows among their friends, they said.

“So many of our friends out in way-west Little Rock can’t conceive that you can have a normal life down here like this,” she said. “But once you get inside the rooms, it’s not any different than any other house.”

But the most common question they get now is, “Where do you buy your groceries?”

“That’s the number one thing they need down here,” Garth said.

Joann admitted she doesn’t cook much, but said she can get to the Riverdale Harvest Foods in seven minutes and the East McCain Wal-Mart in nine. And she can hit Community Bakery and the River Market for basics like bread, milk and juice.

“It’s just a wonderful place to be if you let yourself get away from the idea that it’s dangerous or not conducive to home life,” she said.

sponsors

This site is proudly sponsored by the following companies who not only support Little rock but also support its downtown revitalization.
Affiliated Real Estate Appraisers of Arkansas  Alltel Wireless  Arkansas Department of Economic Development  AT&T  Bell-Corley Construction  Bomasada Group  City of Little Rock  City of North Little Rock  Clinton Museum  Comcast  Cornerstone Resources Construction Company  Crestview Uniforms and Scrubs  Earth Retaining Solutions  ENG Lending  Heifer International  IBEW  Lafayette Square  Little Rock Chamber of Commerce  Little Rock Convention & Vistors Bureau  Little Rock National Airport  Metropolitan Bank  Moses Tucker Real Estate  North Little Rock Chamber of Commerce  North Little Rock Visitors Bureau  Pulaski Technical College  Stephens Inc.  The Downtown Partnership  The Peabody Hotel  Windstream Communications 

John Gilbert

John Gilbert
Investing in Downtown Redevelopment

“When we think of vibrant downtown markets, we think of Little Rock/North Little Rock and envision a downtown that enjoys a thriving workforce, entertainment district and residential living.  It’s a place people want to work, dine and live, which is why we are developing The Enclave at the Riverfront – a 260-unit, luxury, mid-rise apartment community. Our residents will enjoy a premier living experience at a location that offers a multitude of amenities in a bustling environment.  Bomasada Group is a Houston-based real estate development firm specializing in multi-family development and construction, and we chose to be an integral part of this North Little Rock environment because we believe in its redevelopment opportunities.  We performed extensive research in the Little Rock area and determined there was a need for a Class “A” apartment project near the River Market. We  looked at several potential sites on both sides of the Arkansas River and purchased what we feel is the best site in the marketplace – the 3-acre parcel on Riverfront Drive between Alltel Arena and the Arkansas River. The site was the former home of the Jackson Cookie Company. We selected this location due to its close proximity to many of the area’s employment, entertainment and recreational centers, such as the River Market, Clinton Library, Alltel Arena, Dickey-StephensBaseballPark, the State Capital, the MedicalCenter, BurnsPark, River Trail, InlandMaritimeMuseum and McCain Mall. In addition, our project will offer fabulous views of the Little Rock skyline and Arkansas River. The Enclave at the Riverfront will be the premier residential community in the downtown Little Rock/North Little Rock market.”

John Gilbert, CEO, Bomasada Group

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