Mia Rose Holdings LLC has successfully obtained financing for The Junction at Shiloh, a luxury multifamily community located in Fayetteville, Arkansas. The development, which will feature 177 units, is scheduled to commence construction later this year and is expected to be completed in 2024.
According to public documents, Southern Bank provided $24.2 million in funding for the project. Additionally, the developer spent nearly $1 million to acquire the property. Engenuity Inc. is responsible for providing MEP engineering services, while Crafton Tull is handling the civil engineering services. Rosemann & Associates serves as the principal architect, Kimbel Mechanical is the MEP contractor, and Oelke Construction is overseeing the site work. Once completed, Asset Living will manage the community.
Also Read: Fayetteville Moxy Hotel at South Yard Lofts to be developed in Arkansas
Details on The Junction at Shiloh
The Junction at Shiloh will consist of four buildings offering various floorplans, including studios, one-, two-, and three-bedroom apartments, ranging from 628 to 1,291 square feet. The units will feature washing machines and dryers, stainless steel appliances, energy-efficient mechanical and electrical systems, premium lighting, and high-end plumbing fixtures. In terms of amenities, the community will include a swimming pool, a fitness center, a business center, coworking spaces, green meeting spots, and expert landscaping.
The property is strategically located on North Shiloh Drive near the Stephen Carr Memorial Boulevard exit of Interstate 49. It enjoys close proximity to numerous restaurants, shopping malls, and open spaces. Within a 3.5-mile radius, residents will find the VA Medical Center and the University of Arkansas.
The Junction at Shiloh is part of Mia Rose Holdings’ “49 Growth Plan,” which aims to develop approximately 1,000 multifamily housing units in the region. Another development called The Junction of Scottsdale, a 226-unit luxury project in Rogers, Arkansas, has also recently commenced construction under the management of Mia Rose Holdings. The architectural aspects of the project are being handled by Rosemann & Associates, which is overseeing a $55 million budget for the development.
