New plan announced to revitalize Park Plaza Mall

Little Rock, Arkansas – A new strategy was unveiled to “revitalize” Park Plaza Mall as a community destination and a means of enhancing the local economy.

The plan, which was made public by investment real estate firm Second Horizon Capital, stated that the firm will soon complete the acquisition of Park Plaza.

By “reinvigorating the site into a lively community destination and landmark in the center of Little Rock,” the corporation has now revealed its proposal for the area, seeking to draw in locals and boost the local economy.

Second Horizon declared that it was excited to “invest in Little Rock’s future.” According to the business, this investment takes the shape of new tenants, additional funding, and meeting community needs in Little Rock.

According to the new proposal, Park Plaza Mall will be transformed into what is being referred to as a “community hub” that will seek to help local small businesses and entrepreneurs.

“We look forward to building strong partnerships with local leaders and other businesses in the area to help enhance and support the Midtown neighborhood and the Little Rock community,” said Camilo Varela, Co-Founder and Managing Partner of Second Horizon Capital.

Second Horizon will aim to recruit the cooperation of JLL, which they have recognized as being one of the leading retail property management businesses in the nation, to aid in the rehabilitation of the mall.

JLL will be in charge of leasing and property management for the mall.