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The world’s first bike-accessible office building is nearing the finish line in downtown Bentonville.
After two years of construction – and there is still work to be done – 230,000 square meters of mixed use notebook Building recently partially completed at 240 S. Main St.
The Ledger will invite members to work in the building starting Oct. 17, according to building operations director Mary Best. There are many types. Membership levels are provided Ledger, different in length and features. Ledger has about 150 members who will start working in the building this month, Best said.
“We’ll be open to the public for reservations starting in November, and we’ll be opening event spaces starting in January,” Best said. She said the Ledger is planning an open house in December.
Ledger offers flexible, on-demand and traditional workspaces to tenants from corporate offices, flexible startups and growth-stage companies. No announcement yet about companies signing leases for office space, but there will be a tourism component to the letter, at least for the time being.
Walmart announced Friday (Oct. 7) that the Walmart Museum will be moving to Booker while the original museum, two blocks north of the downtown square, undergoes renovations. Walmart expects renovations to last until the spring of 2024.
The temporary museum at the Ledger will open on November 1 in the building’s lobby.
“Our temporary location at Ledger gives us an incredible opportunity to offer visitors a unique and unique experience,” wrote Cindy Marsiglio, Walmart’s senior vice president of corporate real estate. In a blog post.
The Bentonville nonprofit Downtown Bentonville Inc. is also planning an event at the Ledger to celebrate its 20th anniversary later this month. A “Celebration of 20 Happy Years” hosted by Tom and Stuart Walton is scheduled for October 25th. A VIP reception kicks off the event from 4-5pm, followed by a general reception with presentations and remarks, live music, hors d’oeuvres and building tours. Ticket information is available at DBI 20th Anniversary Website.
A few companies in the Ledger have announced plans to lease retail space, including Airship Coffee, a high-end bicycle manufacturer specializing in bicycle parts of California and Mertin’s Eye & Optical of Fayetteville. The best questions about the opening dates for the companies.
Airship owner Mark Bray said he doesn’t have a set date.
“I know there’s some finishing touches like the cabinets and desks in the last week of November, and then we’ll install the equipment,” Bray said. “So the end of the year or shortly thereafter seems possible at this point.”
Ledger Property Operations Manager Alan Spahn expects a timeline for those retailers’ opening dates to be solidified in mid-November.
PATH plans
Ledger’s most discussed, visible design element is community-oriented. The six-story exterior design includes a 3,900-line-foot bike and pedestrian path. Facing South Main Street, the zig-zag setback design provides direct outdoor access on each floor, while terraces allow for open air.
Pedestrians and bicyclists will be able to access Ledger’s outdoor trail beginning with a Halloween-themed grand opening scheduled for Oct. 28.
Fayetteville’s Marlon Blackwell Architects, Michelle Roikind, Christian Callaghan and Haruka Horiuchi collaborated on the building’s design. Bentonville firm HFA MEP offers engineering, civil engineering, surveying and permitting services for construction and site design.
Naholz Construction of Rogers is handling construction with a $51.6 million building permit. That amount does not include the construction of a Ledger detached eight-story parking garage with nearly 500 spaces. The first floor will be used for public use.
Cushman & Wakefield/Sage Partners in Rogers will lease and manage the project. Sage Partners is the property management and leasing division of Hunt Ventures Rogers, led by billionaire developer and philanthropist Jonle Hunt.
Bentonville developer Josh Kyles owns the land (1.74 acres) and leads the Ledger Development Group.
“Our goal from day one was to provide Bentonville with a workplace that goes beyond an office building and directly connects to the growing community of Northwest Arkansas,” Kyles said. He told the Northwest Arkansas Business Journal in late September.. “Ledger will be a business and community hub that will serve as the entrepreneurial heart of Northwest Arkansas.”
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