PARAGOULD, AR (KAIT) - The Dr. Pepper plant in Paragould could see a new sign of life with Monday’s city council meeting.
Halsey Thrasher Harpole Real Estate Group has worked with the Planning Commission and received approval to continue their efforts to sell and redevelop the land.
Monday night, the city council approved rezoning one of the eight acres at the location.
The council was told that a fast food restaurant will go into that location, according to councilman Jeremy Biggs.
Jerry Halsey Jr., principal broker for Halsey Thrasher Harpole Real Estate Group, said the selling of the property would benefit the city.
“It’s kind of a legacy property along with a legacy family and they’re now wanting to redevelop that parcel of land,” Halsey said. “It’s a prime location for some type of retail, office development.”
One life-long resident of Paragould, Charles Willis, said the property would be a great spot for new businesses.
“It would be a good location for just about any sort of entertainment facility there or even sporting goods,” Willis said. “It’s really a great location. I think it would be an asset to the area, whatever comes in.”
Halsey said the entire project is ongoing.
“It’s been a process of taking down the building, rezoning, planning,” he said. “Hopefully, most of that is behind us and we can hit the market with some good announcements.”