Allen Engstrom, an area real estate developer and managing director of the financial consulting firm, CFO Network, stops by the podcast this week to chat with Rex about new, ongoing and planned developments in the Little Rock metro, and especially the recent revival of the Argenta Arts District in North Little Rock.
Allen founded the CFO Network more than 20 years ago in the Argenta district and the first topic of this week's discussion is the growth and changes the area has undergone over the past two decades. He explains how the communal aspect of the neighborhood grew in the wake of a successful tax implemented on area businesses and a core belief in making the district "clean, green and safe."
The primary focus of the conversation is the importance and necessity of building new housing developments and area businesses around a "live, work and play" ethos, which Allen and Rex agree is central to urban and economic progress. Along these lines, Allen tells Rex about several recent real estate projects he's been focused on, including the remodeling and repurposing of an 1800s-era house into an office and event space and converting a former Presbyterian Church into what Allen hopes will be an upscale restaurant.
The pair conclude their discussion with their thoughts on Little Rock's new downtown master plan, and stating the importance of a partnership and connection between Little Rock and North Little Rock moving forward.
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