Upscale Condo Set for West Little Rock

Heard about an upscale condo project in the works for Little Rock? 

No, this one isn't downtown.

We're talking about the 72-unit Chenal Woods project in west Little Rock.

The location borders the north side of the construction site for the new headquarters for Bank of the Ozarks at the northwest corner of Chenal Parkway and Rahling Road.

Jordan Rentals LLC, led by Henry Jordan Jr., bought the 4.68-acre property for $2.8 million from Deltic Timber Corp. of El Dorado.

We're told units in the gated development will range from $300,000 to the mid-$500,000 range.

You might recall this isn't Jordan's first condo deal in Little Rock.

The Helena businessman is a moving force in converting Riverview Apartments into The Cliffs. That 2.5-acre development is at 810 North St. in downtown Little Rock.

We understand that 54 of the 73 units have sold since marketing began in May 2006. The project was acquired for $5 million in July 2005.

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