Phoenix Investors joined Fort Smith and Arkansas leaders to celebrate the company’s purchase of the vacant Whirlpool refrigerator manufacturing building. Phoenix plans to invest about $10 million into the facility to increase marketability for companies seeking a new location.
Phoenix Investors is planning significant improvements for the former Whirpool plant in Fort Smith, AR, with a budget allocation of $10 million. Concurrently, Phoenix is searching for a new tenant for the property.
Phoenix Investors has purchased two buildings in the unoccupied Whirlpool manufacturing complex in Fort Smith, AR. Phoenix feels the bones of the plant will serve as a strong base for redevelopment, and they are planning to morph the space into a hub for other businesses. Click here to read the full article by Tony Wittkowski for The Herald-Palladium.