How A Cottage Court Made Homeownership Possible In Springdale

We sit down with Zach Brothers to trace his path from physical therapy to full-time real estate and why he and Sarah bet early on downtown Springdale. Then we unpack The Hideaway and Arkansas’s first community land trust, including how it keeps homes affordable while downtown keeps growing. 

• Zach’s move from PT to building a real estate team with Sarah 
• Choosing to live downtown and investing ahead of the wave 
• The Hideaway vision and why small can still feel high-end 
• Planning, zoning, and form-based code lessons from an infill project 
• What an 840 sq ft cottage court home looks like inside 
• Bring It Home Community Land Trust basics and why it matters 
• Income eligibility, orientation, and homebuyer education requirements 
• Resale rules that protect affordability while sharing some upside 
• Downtown Springdale highlights from Emma Avenue to new major projects 

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Transcript

Welcome And Meet Zach Brothers

Carter 0:08

Welcome to NWA and Beyond. This is Carter Clark.

Russell 0:11

And I'm Russell King.

Carter 0:12

And we're here with the one and only Zach Brothers.

Zach 0:15

Hey guys, it's good to be

Carter 0:16

here. Yeah, man. Thank you for, uh, coming and sharing. So we're gonna go through all things. So Zach lives in downtown Springdale. Right. Got the, uh, hideaway, which is the first ever.

Zach 0:29

Community, land Trust,

Carter 0:30

Arkansas. Community Land Trust. Arkansas. In Arkansas. Affordable housing in Arkansas.

Zach 0:32

Yeah.

From PT To Real Estate

Carter 0:33

Affordable housing. So we're gonna talk about all things downtown Springdale. We're gonna talk about the Hideaway, we're gonna talk about all that stuff. But let's start off talking about you.

Zach 0:43

Hey man, that sounds great.

Carter 0:44

So you and Sarah are working together. So tell us how all this went about. What were you doing before real estate and,

Zach 0:51

oh gosh, where do I start? Well, you guys are gonna have to pull me back if I get too longwinded. All right, you're good. Mom and dad moved us to Rogers, Arkansas in 1978. Dad's a banker. Um, I'm one of four kids and mom, uh, mom's an industrial engineer. Um, so I had, uh, had real, real good parents. Graduated from, uh, from Rogers High in 1993 and, uh, went to the U of A and, uh, not too long after I got to the U of A. Uh, my dad said, Hey, there's this girl you need to meet. And as it turns out, to make a long story short, my dad and Philip tdo, my father-in-law, were both involved with Arvest Banks and, and they, uh, they set Sarah and I up. So we say we had an arra. It was an arranged marriage. Yeah.

Carter 1:39

A a banker's arrange married banking relationship

Zach 1:42

arrangement. Oh yeah. So that was probably my intro to, to real estate, um, uh, was, was, uh, meeting Sarah and marrying into the family, but I hauled her down to Conway, Arkansas. I went to physical therapy school and finished that in 1999, and then Sarah and I moved back to Springdale. She pulled me into Springdale, which I just, I love. Uh, so I'm definitely a Springdale guy now. And, um, and, and hey,

Russell 2:06

real quick, I mean, there's been several people that I talk with and we, we all think. Well, it's actually just a native of Springdale.'cause you do, I mean, you put that out there that you love Springdale so much, which is kind of cool.

Zach 2:16

You know what, I think that's awesome. Um, I'm, I'm glad to hear you say that because I, I, I love my Rogers hometown, but I really have tried to make Springdale, uh, my hometown and we've really embraced it. Being downtown. We like to be in the know what's, what's going on. So. Yeah. Yeah.

Russell 2:33

I mean, y'all know everything.

Zach 2:33

Oh, we try

Russell 2:34

and Y'all live down there. Y'all invest down there, y'all. We do. Y'all buy and eat and you know everything down there.

Choosing Downtown Springdale Life

Zach 2:39

That's right. Yeah. We've really, we've really made an effort to dig in down there. So, so we did that, uh, we did that about eight years ago. Decided to move downtown. Um, we were walking the, the neighborhood out by the, the kids' schools where we lived that I the, where we had built a house and I told Sarah. That's, we weren't moving again. Sure. Yeah. Right. And, and she said, well hear, hear me out. And I want to, I want to go have an adventure. What she's, she's so good at, at, uh, talking me into things and she, she sells the story. Well, she's got,

Carter 3:13

sells the sizzle.

Zach 3:13

Yeah. She's got great ideas too. So she said, I wanna go do something fun. We've always done stuff for the kids, live by the, the kids' school. So let's go have an adventure. So we. We started spending some time in downtown Springdale and, and we found a one we wanted to buy, and then we put that under contract and found us one that we thought we wanted to live in and put that one under contract. And, uh, built the first one out as an Airbnb and then been slowly working on ours over eight years and then bought, bought some other things. Just really wanted to be a part of the, the, uh, uh, revitalization that was going on down there.

Carter 3:46

Sweet. So let's get back to it. So y'all go to, y'all go to Conway.

Zach 3:50

Went

Carter 3:50

to, you're in PT school.

Zach 3:52

That's right. Went to Conway Physical Therapy School. Finished that in 99. Uh, came back up here and really, uh, started to dig in into Springdale and was excited about that. And, uh. Philip Tall though my father-in-law said, uh, to his daughter, my wife, you ought to, uh, you ought to get your real estate license. And she thought, well, that's a good idea. She has a, a degree in psychology. Which, uh, that's pretty much

Carter 4:17

what we did.

Zach 4:18

Uh, exactly. She used to say, I, I don't know if I use, that's a

Carter 4:21

perfect degree for

Zach 4:22

this business. It, you're, there's no doubt about it. She used to say, I don't, you know, I've got this psychology, psychology degree. And I'd say, trust me, you use it every day. Every single day. Every day. But, um, so she got her real estate license. I started into the world of physical therapy. Um, Philip, uh, then he said, uh, not too long after that, Hey, you guys oughta. You ought to consider buying some rental property. And I said, well, what, you know, what should we buy? He said, doesn't matter, just start buying. Yeah, anything. So we bought, we, we bought a few rental properties and then about 2007 I decided to get my real estate license as well so that I could help Sarah with open houses, et cetera. Really just whatever. But also with the, uh, you know, I enjoyed getting the knowledge with having the rental. The little rental property company and, uh, we, we, uh, have known for probably 15 years or so that we wanted to do what we're doing now, which was have a, a, a real estate team where we do all things real estate. Uh, so about four years ago was when I'd sold out of the, uh. Physical therapy practice. Trinity Rehab, great physical therapy company. If you're

Carter 5:30

gonna get rehab

Zach 5:31

That's right. Go go to Trinity Rehab Bella Vista. Springdale in Fayetteville.

Carter 5:35

It is.

Zach 5:36

Um, but, but we, uh, sponsors of India beyond Exactly. I'll be giving them a call. Try to get you guys a check. Uh, but yeah, we, we wanted to do. All things real estate. And, and on the, uh, realtor side, um, Sarah's just, she's so good at what she does. She's been doing it for 26 or 27 years. So my goal with that was to be as good as I could be, but really to support her, um, as much as I could. And, uh, so we do a lot of, uh, we do residential, uh, sales and commercial sales and, and leasing. And then we've, we decided we wanted to get into some development. We had the rental property company we'd been working on. We wanted to be able to grow that and get into a little development, which we were, we, we try to help Philip with, with what he's doing, but we wanted to do some of our own stuff, and that's awesome. That's where the hideaway comes into play.

Carter 6:34

Well, and that's where Philip like thrives. Oh yeah. Like you get in. Anytime you're with him, he could just see it and picture it and imagine what's going on. And then with y'all, so you guys moved to downtown Springdale before It was downtown Springdale, you know, like it was the OG downtown Springdale when y'all moved there.

Zach 6:51

We wanted to be, uh. Pioneers a little bit.

Carter 6:55

Yep.

Zach 6:55

Um, so we were walkers. We would go on walks most night and for a long time there we would talk about how there was no one else walking. And then before we knew it, there, there was somebody else and, and shooting. Now you, you walk around down there and there, there's a lot of buzz going on. Yeah. It's awesome down there. There really is.

Carter 7:13

So wonderful.

Zach 7:14

It, it is. It, um, I don't know the current stat, but back whenever we were, we were launching the Hideaway after we finished it, uh, there were$400 million that were, um, uh. Uh, under construction down there, or it was either under construction or the planning phases. And some of those projects have been finished, but we just keep adding new ones, new ones down there. Every time you

Carter 7:37

turn around, there's

Zach 7:37

another one going on down there. It's exciting. It's exciting and it's, uh, it's a great excuse us, us living down there and, and. Needing to be in the know is a great excuse to go try every new restaurant that opens up down there.

Carter 7:49

You gotta be able to recommend with not like firsthand knowledge.

Zach 7:52

That's right. Nothing we're gonna

Carter 7:53

have, nothing else will work.

Zach 7:54

Friends and clients they wanna know. So we've gotta be able to tell'em.

Carter 7:58

There you go. So let's jump into the Hideaway. So you, you got ready to start doing development.

Zach 8:02

That's right.

Carter 8:03

And then you found the Hideaway Project, which is a unique project to begin with. So I think like, share a little bit about the vision when you.

Zach 8:11

Sure

Carter 8:11

started on the hideaway and then where it ended up and all that sort of thing. Sure.

Zach 8:15

Absolutely. It was a great project for me to be involved in with jumping outta the physical therapy world and into the real estate world and, you know, to give credit where credit's due. Sarah and Philip had had, uh, been working on that. They found the land and had been talking about doing something and Sarah had been studying infill develop, uh, developments, specifically cottage court developments, which are just really cool. Um, and. She, um, had this vision, uh, to really help with the, the issue in northwest Arkansas. The, the rising cost of housing is that, hey, we can, we can make something affordable and it can still be really nice. Just make'em small. Um, so she'd been doing a lot of studying on that. And, and plus we had kid, we had adult children that, uh, we knew, uh, in a, in just a few short years would be to that point to where they would wanna buy something. So we were thinking about them and, and their friends. And both the

Carter 9:12

kids moved back to Springdale.

Zach 9:12

They did, yeah.

Carter 9:14

Springdale after college

Zach 9:15

and Right, right. Cole? Um, Cole is our 29-year-old, and he, uh, he's with, uh, core Brewing and Distilling Scarlet Letter Beverage Company, which is a great, uh, Springdale business. And he, uh, he's worked his way up there. He's sales director or COO or something over there. He's done, done really well, proud of him. And he bought his first house downtown. He's, he's north of Emmma Street. We're south of Emmma Street. And then Ashlyn, our daughter, she's in the, uh, she's in the TV business. She was a reporter and now she's an anchor. But she went over to to Tulsa for a while and New Orleans. And then we, we finally got her back and she's a morning anchor at k and WA so proud of her. And she bought her first house, uh, also in downtown Springdale. So we're all within. Walking distance of each other. That's amazing. Which is pretty awesome. Um, but the, the, the hideaway is that what we're, we're back to the, back to the highway. I love this.

Carter 10:11

So y'all came up with the. Sarah kind of thought through this whole thing on

Zach 10:15

That's right. Homestyle homes and, and Philip, uh, had had his eye on this land and he and Sarah had been talking about it. Well, then I jumped into the mix'cause I got out of pt and I remember, uh, I did not know what I was doing, but. But I wanted to, to contribute and really work on this thing. So I went to Hobby Lobby and bought one of those big foam boards that has the grid on it. And I just sat down and, and just drew it out to, to scale the, the land. And then, um, we had been looking at some, some little house plans, some little accessory dwelling unit plans. And so I cut those out to scale and just started piecing'em in around there. And we came up with some different designs and, um. They had met already a couple times with the planning department downtown Springdale. So then I got to get involved in those meetings and, and, uh, started talking about these layouts and really learning about how much goes, goes into it when it comes to, to zoning and utilities and, um,

Carter 11:13

especially for something new like this, like this isn't a normal concept. This isn't a rubber stamp.

Zach 11:18

That's right.

Carter 11:18

You know, development where they walk in and they go, oh yeah, we've done 50 of these. This is what you gotta do, X, y, z. This is a whole new kinda layout. This, but you're walking into planning zoning

Zach 11:28

that Well, that's right. With, especially with this infill development, which is, uh, which is a big deal now in northwest Arkansas with the way we're growing and trying to increase density. But this, the cottage court project that we ended up doing, the zoning didn't exist whenever we, uh, we hatched this plan, but the planning department said, Hey. We've got this thing called the form-based code, which is a, a zoning downtown to try to help, uh, with increased density. And we want to, we want to update the form-based code, and we would like to have, uh, cottage courts, uh, available in there. So why don't we meet and talk about this? We have a concept. You guys have a real world plan and let's, let's put the two together. So that was a fun process. Um,

Russell 12:11

man, you, you get to learn a lot

Zach 12:12

on that. You didn't, you. Well, I, I did for sure. And there, there's a lot to learn, but you know, it was a lot of fun too. Lots of pieces though. Um, but the neat thing, uh, really on that was kind of going from, from A to Z with the, uh, with, with finding the land and hatching the plan and going through the planning process, and then the development process, and then the construction process, and then the, the sales process. Um, and, and, and then, you know, the neat thing about it's that we got to turn. Turn around and now list, list 10 of them for the entity that bought 10 of them.

Carter 12:47

So how many did y'all do total in that?

Zach 12:48

There were, there were 14, so we were, we were able to, uh, we sold a outta the gate, we sold a couple of'em. We wanted to keep some, we ended up keeping, uh, two as investment property and then we, we sold a package of 10 to the, the, um, nonprofit group that ended up forming the community Land Trust.

Carter 13:09

So if you were to describe one of these units for somebody that's never seen them, they're, they're unique, they're super nice, but they, they are small, like you said. So how would you describe'em to somebody that was interested in buying one that couldn't walk through it or look at a picture of it?

Zach 13:25

They're, they're awesome, really. Uh, the. The original plan, which, uh, is a pretty neat story. It came from, uh, a grant that the Walton, uh, foundation gave, but the original plan, they actually had four of these plans drawn up there called ad user Accessory dwelling units. So we found these plans and we. That really fits what we want to do because we want something, we need to be able to fit, uh, several homes on this property, uh, to, to make it work and really to catch the vision with the cottage court. So the, the particular plan that we chose is. It's 840 square feet. It's two story though, so it's uh, 420 square feet stacked on top of 420 square feet. It's very efficient. Uh, like I told you before, we wanted to build something that was really, really nice, but keep it affordable just by building it small. Yeah, it's a great transition. Property from somebody that wants to get out of, um, out of renting, say a townhouse or something, and into ownership. It feels similar to a townhouse. The bottom, it's got a front porch, a nice covered front porch. You walk in the front door, the, the downstairs is open with a big living space, a half bath under the stairs, a kitchen. You go up the stairs and upstairs has a full bathroom, a bedroom, and what we call a flex room. It's got a landing at the top of the steps, and then a, and then a flex space that can be used for a lot of different things.

How The Community Land Trust Works

Carter 14:53

So then y'all sell 10 of these to the community Land trust.

Zach 14:56

That's right.

Carter 14:57

And then so now let's get into this,'cause this is one of the coolest things going on in northwest Arkansas right now. And there's not a lot of. Information out about it except for the gospel that you're spreading on. Right.

Zach 15:08

And we're trying to spread the word, uh, anytime we can. I love talking about it because it's just such a neat, uh, a neat project and a neat opportunity. And

Carter 15:18

the first one in Arkansas,

Zach 15:19

the first one in Arkansas, so. Uh, the nonprofit entities called Bring It Home. The Community Land Trust they formed is called Bring It Home Community Land Trust, B-I-H-C-L-T. And we're really just now it, uh, up and running with it. Now we've got, we've got people in various points of the process and, uh, so the, the nuts and bolts of this community Land Trust is that they, um. They had the homes appraised. They appraised at 250,000. They're reselling them at 160,000. So they're leaving 90,000. 90,000, yeah. 90,000 equity with the community land trust. And that's how they, they keep'em perpetually affordable. Now, in order for somebody to buy one for 160,000, they have to, uh. Be income eligible. And right now, now guys, this is getting ready to change. We think in a, in a week or two, around May 1st, uh, but right now a single person, uh, household. Uh, they look at your income, how many incomes there are in there. So if you want income in the household,$57,050, if you make under that, that, or under that, you are eligible to buy one of these. And, and that number, uh, comes from the, uh, the area median income. Every, every MSA, the northwest Arkansas. Metropolitan statistical area has an area median income, and they go 80% of that and below, that's what the$57,000 is. Two people, uh, household income, it's, it's gonna be, uh, 65 and some, some change. 65 2, I think. But we're very hopeful that, that those numbers are gonna adjust upwards so that we will have more people that'll be eligible, uh, coming up here in another week or two. Um. So, but back to the nuts and bolts of the, the community Land trust you. Uh, if, if you're eligible, there's a process. They, uh, bring it home, wants you to go through an orientation session. It's online, uh, really smart of them the way they have it set up. They want everybody to, they wanna be completely transparent and everybody to know exactly what it is that they're, they're getting. Their owner occupant is one thing. Uh, so it's, they

Carter 17:33

haven't been rental.

Zach 17:34

That's right. Which my hat's off to the investors that have called us. They've found out about it and wanted to understand what was going on. And I'll smile and say that's, I, I'd like to buy something with an instant 90,000 equity also, but that, that stays with the community land trust. Um, so, so they buy it for one 60, um, it's gotta be an owner occupant. And then when they, when they go to resell. Down the road, um, they'll, the home will be revalued and, um, the, assuming it would, it'll go up, uh, the seller will get their one 60 back. So everything they've put towards that, they'll get that back and they'll give'em 25% of the increase in equity from there, which is a pretty cool deal.

Carter 18:16

It's awesome.

Zach 18:17

It's awesome. Yeah.

Carter 18:18

The nice part about this, it, it's the first one

Zach 18:22

that's right.

Carter 18:23

But the fact that there's a plan for affordable housing is different.

Russell 18:28

Oh yeah. Our market is so hungry for affordable housing right now. Right. Whatever way. Some professionals like you, you know, and Sarah and and PT for sure have found a way through that. You know, sometimes the opportunity just comes knocking on your door. But, you know, I, I know through, through you and and other stories, there've been a lot of other people that are like, Hey, I, I don't see how this works. I'm not gonna chase it. There's too many questions with the city and the MLS and the just being a realtor and all those things, and you guys went, Hey, let's, let's suss it out and, and find out the details on how we can overcome all the problems

Carter 19:02

and the end result's. Perpetual affordability,

Zach 19:04

right? Yes.

19:05

Essentially,

Carter 19:05

right.

Zach 19:06

Right, right. Yeah. Well, and thanks for saying all those things. It, it, it's been a labor of love for sure. Um, and we felt like some things did line up, uh, well for us to be the, the ones that were involved in, in this one. So it's been, it's been a great deal and I, boy, I enjoy talking about it. I'm now, I'm trying to remember if I got all the little, the, the little nuts and bolts about it in there. I wanna make sure that everybody under understands Of course. Well, that's,

Carter 19:31

I mean, if they don't, they can call you. Right? That's

Zach 19:33

right. Call.

Carter 19:34

The point is like. There's gonna be a lot of opportunity and there's probably a lot of people that qualify for this that are in the application process or having conversations or some, some point along the way. That's right. But it's just gonna be a process, right? That's right. To get people in there. But the really cool part is it's available.

Zach 19:50

That's

Carter 19:51

right. You know, and, and that that's what we want to share and make sure everybody knows that something like this available. And the hope is it's not the last one. Right? Hopefully, like this is just the tip of the iceberg.

Zach 20:01

They are, they are definitely planning on, on doing more. This is just the start of it for them. And, you know, talking about affordable housing, it's, we, we've really tried to reframe that for people. There are some people that hear affordable housing and they think. The projects or something. Mm-hmm. We tell people these are really, really nice, really nice. Um, and, and this, uh, you know, this wasn't a government project. This was a, this was a private grant, uh, for this entity to do this. And they're really just trying to help some, some folks to, to have the opportunity to get into ownership with the way, uh, how housing costs have risen. We know that they've, and, and they've outrun some folks' salaries, so this is a great way for some folks to get in,

Russell 20:45

you know, and something else is. Most loan programs. So you still have to either get education or you have to, you know, you can't make too much money or you have to be in that graph somewhere. And so it's not, it's not farfetched to think, Hey, for this affordable situation with the land trust, you have to learn how to do it. And, you know, on a, on a buyer's side, understand the financing and all those things too. So, you know, a lot of other programs for just normal residential mortgages, you have to go through some type of a, uh. Three or four step process. I'm kinda like you're talking about,

Zach 21:17

I'm glad you mentioned that. It's been fun working with these buyers and talking to them about that process because I've talked to several that have really enjoyed learning, uh, you know, about the, about the community Land trust, but also just about mortgages in general. Yeah, because they do, they have the orientation session, but then they also need to take a Fannie Mae or Freddie Mac Home Buyers course as part of their process. So

Carter 21:38

how does the financing work on this is the. Does the community of the Land Trust finance them or is it secondary financing?

Zach 21:45

They, it's secondary financing. Oh, really? So the, the Land Trust. Um, and we've also, um, Sarah and I, since we've gotten involved, we've talked to several banks to try to get more banks into the, into the fold to understand what's going on. It's such a specialty product between it being a community Land trust, and the, the Hideaway Cottage Court is a, what they call a horizontal property regime. Which is kind of like a condominium complex. So, um, when you finance something in the secondary market, they, they scrutinize those as well. So there are a couple of banks that, uh, bring it home, has gotten on board that already have the, the, the project approved for financing.

Carter 22:23

That's interesting.

Zach 22:23

Procedure or whatever. Right, right. That's good.

Carter 22:27

Well, what other highlights are going on in downtown? So thanks for all the info. You bet on what's going on in Hideaway. I mean. I think that's gonna be a, a highlight for a lot of people to know that there's an affordable option down there and hopefully it's not the last and hopefully there's a lot more coming. What other stuff that's cool that's going on in downtown Springdale? In the eight years you've been there that, I mean, it's totally different. Like in eight years, that place has been transformed from what you originally walked into to what it is now when you go downtown,

Zach 22:57

it really has. I, I encourage, uh, if anybody's listening to this and they haven't driven down EM street, drive down em street and check it out. Stop and eat. Oh, absolutely

Carter 23:07

was awesome.

Zach 23:08

Oh, there are great, they're great restaurants. And we actually have the, uh, downtown street dinner coming up in June. That's Oh,

Carter 23:15

that's so fun.

Zach 23:16

Yeah, that's a lot of fun. Where they put the tables in the middle of the street. That's become, it's like a block party with a big dining room table. Yeah. But it's

Carter 23:22

really nice. Yeah.

Zach 23:23

Yeah. It's become quite a neat community event. Uh, well, gosh, downtown, you know, it's, it, it's funny. Sarah probably gets tired of when we, we walk around down there all the time and my head's always up and looking around and I'm always, Hey, what Can't wait for this to get done? Always, you know, like a little kid. Yeah. Excited. But we, we have, uh, we've been down there and have been talking about these different things and it's so exciting seeing some of the things come to fruition. But we've got, um, you know, let me start, uh, down on the, uh, east side of Emmi Street, moving from 2 65 back towards 71. Um. An existing thing that I just think is awesome, um, and I really hope it grows is the rodeo that we've got down. I mean, how many downtowns have a rodeo? But then you've got the airport and you've got the, the Jones Center has a, a huge campus expansion plan there where that's just gonna be awesome and it'll be connected to downtown. Um, as we move west down EM street, you have the market center, the Ozarks. Which is just a, well, I, you just need to look that up and see what that cool's all about. It's really cool. It's really cool. Lots of opportunity for that to grow. Um, and you've got the new Springdale, uh, senior center right there, which has. Indoor pickleball courts upstairs. Uh, they've got the little Emma, uh, project right there, which is, which is housing, uh, some nice apartments. And then Big Emma is across the street from that. And that just got finished not too long ago. Is that done now? It's done now. It is. They're, they're leasing and they actually also had, um, I don't know how the. The grant was all that was structured, but they have a, some of their units are available, uh, for folks that, uh, they call it workforce housing that make under a certain amount of the, the a MI and they're really, really nice apartments. Y'all really, really nice and right adjacent to those, there's a big complex called Via Emma, and that has a big courtyard in the center of it for, for parking. I don't know what else is gonna be in there, but it just gives a really, really neat look when they do those center courtyards. You've got a lot of Tyson stuff down there, um,

Carter 25:28

really cool offices. The way they redid that. Oh, they still look like the old field,

Zach 25:32

old street

Carter 25:33

fronts.

Zach 25:34

Yeah. They, I. I got to, to tour that after they finished it, they took the two old buildings and redid those and then built a new building up and over the top of them.

Carter 25:42

Yeah.

Zach 25:42

Uh, yeah, just great. And, and they've, they've got some stuff going on, on, on the North street or the north side of Emma Street. And as you move west, uh, over the. Across the railroad tracks. There was a, there's 2 0 2 rail side, which was a big, uh, blue crane project, a five story building that's got all kinds of, uh, places to eat and shop down there. Where is

Carter 26:02

the parking for that? I always wonder that, is it underneath it?

Zach 26:05

There is, there is parking behind that for the behind it, for the, the tenants, the upper four floors, the, our tenants. Um, and then there's just a, uh, you know, city, city parking. Gotcha. And speaking of parking, you know, they, um. Some people say, ah, you know, where do I park? There is lots of parking downtown Springdale. The key is you have to know where it is. So that's one of the things that the Downtown Springdale Alliance is working on is getting some signage up to, to show people where the, the parking is available. And they do have, uh, they have some parking. Decks, uh, in a downtown master plan. So those are in the works and we're excited about those in the future. Be nice. But there there is, I always tell people, Hey, there's parking down here. Come on down. You can find it. You don't have to pay for it. That's right. You don't have to pay for not to pay for it yet. Yeah.

Carter 26:52

Just a matter of time.

Zach 26:53

That's right. That's right. Oh, we, you know. There's the hotel, the, uh, the, the, the Hilton Tapestry Hotel. That'll be done, we think in the, uh, the beginning of 2027 Star. And then, uh, Greg's, uh, Greg Taylor's the star on Spring right there is awesome. Everybody needs to go see that. Even if you don't go inside, at least look in the windows. That thing is, that's, if there's a six star out there, it's six star. And it's, it's right in there across from the it's first

Carter 27:23

class.

Zach 27:24

Oh, it is? Yeah. And you've got the, how many other, uh, towns have a neat creek running through downtown that's featured. You can walk right down to it. It's got the park right there and all the new restaurants that we've got going in there and, and some of the ones that have really. Uh, hung in there and it just, just really, it become staples in the area. We've got got right in there as well, and, and there there's more to come as you move west towards 71, there are more places to, there's plenty of

Carter 27:52

dirty still down

Zach 27:53

there. That's That's right.

Carter 27:55

Probably the coolest Onyx to me

Zach 27:57

absolutely

Carter 27:58

is for like, that's my favorite coffee shop ever down there.

Zach 28:01

You know, I read an article that said in whatever this category was, best new coffee shop, that it was first in the world. Well, let's go

Carter 28:09

with

Zach 28:09

that. No matter first in the world where it was, the runner up was in Paris, I believe. And then third, and whatever this category was, was in I think Los Angeles. But for that on Arkansas, number one in the world, in the world. Yeah. Awesome. Number one, you know that Onyx has a basement with a, with a chocolate factory in it.

Carter 28:29

Really?

Zach 28:30

Yeah, it's got, it's three floors. It's got the upper floor, it's got the main level there and it's got a basement where they make chocolate down there. Interesting. It's awesome. I

Carter 28:38

did

Russell 28:38

not know that.

Zach 28:39

Yeah. Gotta go check it out.

Gratitude And Closing Thoughts

Carter 28:40

That's sweet. Well, zag, thank you for spending some time with us. Is there any last thoughts that you'd like to share before we let you go back to work?

Zach 28:49

Man, I, I want to just, just say thank you to, to you guys and. Wyer Griffin Company. Uh, you guys have a great vision. I love coming into this building. Uh, I always feel supported. It's a great place to be. Uh, and, and I'm thankful that, that here, this is a place where I can just, every day I feel like I can ask God, Hey, what, what path do you want me to follow today? And, and that's what I wanna do. And you guys make that easy to do.

Carter 29:15

That's awesome, man. That means a lot. Yeah. Thank you so much.

Russell 29:20

We'll pay you later.

Carter 29:22

Exactly.

Russell 29:23

All right. That's the end of our episode. Thank you for spending part of your day with NWA and beyond your Real Estate podcast.