Printer Friendly
The Free Library
18,914,692 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Canal Pointe.


Gated Community gat·ed community  
n.
A subdivision or neighborhood, often surrounded by a barrier, to which entry is restricted to residents and their guests.
 Boasts Private Harbor on Arkansas River Arkansas River

River, rising in central Colorado, U.S. At 1,450 mi (2,333 km) long, it flows east through southern Kansas and southeast across northeastern Oklahoma and bisects Arkansas, where it empties into the Mississippi River.
 

OTHER UPSCALE LITTLE Rock neighborhoods can boast bigger, more expensive homes, but none touch Canal Pointe's unique feature: a private harbor and lock system that provide residents with boating access to the Arkansas River.

The man-made waterway waterway, natural or artificial navigable inland body of water, or system of interconnected bodies of water, used for transportation, may include a lake, river, canal, or any combination of these.  allows boats to pass through the levee levee (lĕv`ē) [Fr.,=raised], embankment built along a river to prevent flooding by high water. Levees are the oldest and the most extensively used method of flood control.  that protects the project from flooding.

The hydraulic lock is capable of raising and lowering boats 25 feet to make the elevation change between harbor and river.

Brad Walker Brad Walker (born June 21, 1981 in Aberdeen, South Dakota) is an American pole vaulter. High School Years
Walker attended University High School in Spokane, Washington and competed in football and track&field.
 and his late father, Wythe Walker Sr., are credited with making. the unique Riverdale Harbor development happen.

Launched in 1989, the opening phase of the project was the near 8.4-acre Canal Pointe pointe  
n.
In ballet, dancing that is performed on the tips of the toes.



[From French pointe (des pieds), point (of the feet), tiptoe; see point.]
 addition and its adjoining 6.1-acre marina.

Lot sales in Canal Pointe have totaled more than $2.7 million since the gated community project was unveiled 11 years ago.

The grand vision for the Riverdale Harbor project encompassed 40 acres of mixed-use development Mixed-use development refers to the practice of allowing more than one type of use in a building or set of buildings. In planning zone terms, this can mean some combination of residential, commercial, industrial, office, institutional, or other land uses. . Single-family residential construction has wrapped around the southern end of the marina.

The condominiums and retail projects envisioned for part of the land have never materialized. Two office developments, the 73,000-SF Morgan Keegan Building and 50,000SF Acxiom Plaza; now anchor the northern end of the marina.

The development amounted to something of a joint venture. Winrock International, which does business in the name of Pleasant Valley Inc., owned the land.

The Walker family, through Riverdale Harbour Inc., developed Canal Pointe and the marina and gained an interest in the land surrounding the marina.

A financial falling out between the two ended with the unsold office land and residential lots reverting re·vert  
intr.v. re·vert·ed, re·vert·ing, re·verts
1. To return to a former condition, practice, subject, or belief.

2. Law To return to the former owner or to the former owner's heirs.
 to Winrock and the Walker family exiting the development picture.

The River Heights River Heights may refer to:
  • River Heights, Utah, a community in Utah
  • River Heights (Manitoba riding), a provincial electoral division in the Canadian province of Manitoba.
 addition, covering 14 home sites, was started in January 1993 by Lex See yacc.

1. (tool) Lex - A lexical analyser generator for Unix and its input language. There is a GNU version called flex and a version written in, and outputting, SML/NJ called ML-lex.
 Golden. He acquired the nearly 3.4-acre site from Pleasant Valley Inc. through the Alex Golden Trust and Amy Golden Trust for $739,000 ($5 per SF).

This land was brought within the walled and gated confines con·fine  
v. con·fined, con·fin·ing, con·fines

v.tr.
1. To keep within bounds; restrict: Please confine your remarks to the issues at hand. See Synonyms at limit.
 of Canal Pointe and served as a starting point Noun 1. starting point - earliest limiting point
terminus a quo

commencement, get-go, offset, outset, showtime, starting time, beginning, start, kickoff, first - the time at which something is supposed to begin; "they got an early start"; "she knew from the
 of controversy.

Charles Meyer Jr., one of the earliest. residents of Canal .Pointe, sued Pleasant Valley Inc. in an attempt to have the guardhouse and security gates located farther east at the true entry of Canal Pointe.

His unsuccessful lawsuit was spawned by a change in the development plans for the River Heights land. The property originally was zoned for office and retail development.

However, that changed when demand for office or retail projects never materialized. Plans for River Heights shifted to residential development.

The restrictive covenants Restrictive covenants

Provisions that place constraints on the operations of borrowers, such as restrictions on working capital, fixed assets, future borrowing, and payment of dividends.
 for Canal Pointe and River Heights are near carbon copies. Both require minimum home sizes of 1,500 SF.

Golden sold all but two of the home sites through a combined effort of undeveloped lot sales and home sales. Lot sales totaled more than $783,000 while Golden-developed homes generated another $1.1 million.

CANAL POINTE

LOT 1

Steve and Norma Hoffman bought the land for $83,300 in February 1998 from Marion Burton, trustee of Pleasant Valley Inc. The Hoffmans developed a 5,073-SF home on the property and the adjoining lot 2.

LOT 2

The Hoffmans purchased the site for $83,300 in February 1998 from Linda Latta. She acquired the land for $74,000 in July 1996 from Biff (Binary Interchange File Format) A spreadsheet file format that holds data and charts, introduced with Excel Version 2.2 in 1989.

1. BIFF - /bif/ (Or "B1FF", from Usenet) The most famous pseudo, and the prototypical newbie.
 and Nancy Vinson.

The Vinsons bought the homesite for $33,600 in May 1996 from Alexander Golden III and his wife, Ellen. The Goldens purchased the land, along with lots 3 and 4, for $108,000 in March 1995 from Marion Burton.

LOT 3

The Melanie Steele Living Trust gave the 2,798-SF home to Holly Dee Vines in February. The trust acquired the house from Emmitt Henderson Sr. in February for $385,000.

Henderson bought the home for $365,000 in June 1999 from Larry R. Rogers. Rogers Purchased the house for $360,000 in October 1998 from Shelby and Dianne Woods.

The family acquired the home in March 1995 for $237,800 from Alexander Golden III and his wife, Ellen.

LOT 4

The Melanie Steele Living Trust bought this vacant lot for $92,000 in February from Larry Townes. Townes purchased the land for $70,000 in May 1995 from Alexander Golden III and his wife, Ellen.

LOT 5

Susan Collins
For the artist, see Susan Alexis Collins.


Susan Margaret Collins (born December 7 1952, in Caribou, Maine) is an American politician, the junior U.S. Senator from Maine and a Republican.
 Smith is building a home on the property with the aid of a $360,000 loan from Firstar Bank. Smith acquired the site for $85,000 in February from Larry Townes.

Townes bought the property for $70,000 in May 1995 from Laurence and Barbara Hare hare, name for certain herbivorous mammals of the family Leporidae, which also includes the rabbit and pika. The name is applied especially to species of the genus Lepus, sometimes called the true hares. . The Hares purchased the land for $80,000 in August 1994 from Pleasant Valley Inc.

LOT 6

Milton and Tammy Miller Tammy Miller (born June 21, 1967) is a former field hockey player, who was a member of the British squad that won the bronze medal at the 1992 Summer Olympics in Barcelona. She competed in two consecutive Summer Olympics, starting in 1992.  bought the site for $74,000 in July 1994 from Pleasant Valley Inc. and developed a 2,832-SF house. The property is linked with a December 1998 mortgage of $146,900 from Little Rock's Pulaski Mortgage Co.

Lot 7

Charles Henry For other persons named Charles Henry, see Charles Henry (disambiguation).
Charles Henry (1859- ? ) was a French librarian and editor. He was born at Bollwiller, Haut-Rhin, and was educated in Paris, where in 1881 he became assiatant and afterward librarian in the Sorbonne.
 Williamson purchased the 2,401-SF home for $365,000 in October 1997 from Dianne Boyt. Boyt acquired the site for $72,000 in April 1994 from Pleasant Valley Inc.

LOT 8

Jim R. Freeman bought the property for $80,000 in May 1993 from Pleasant Valley Inc. Freeman developed a 1,880-SF home with the aid of a May 1997 mortgage of $75,0O0 held by Little Rock's Metropolitan National Bank.

LOT 9

Larry and Carol McAdams purchased the 1,924-SF house for $190,000 in December 1992 from David Matchet Co. The homebuilder acquired the site for $78,000 in August 1992 from Pleasant Valley Inc.

The residence is tied to a December 1998 mortgage of $150,000 held by Pulaski Mortgage Co.

LOT 10

Joe and Ann Peacock peacock or peafowl, large bird of the genus Pavo, in the pheasant family, native to E Asia. There are two main species, the common (Pavo cristatus), and the Javanese (P.  bought the 2,121-SF home for $308,000 in October 1998 from Larry Rogers. The residence is linked with an October 1998 mortgage of $277,150 held by Little Rock's Central Mortgage Co.

Rogers purchased the house for $261,000 in June 1996 from John and Paulette Howard Jr. The Howards acquired it for $205,000 in December 1992 from the estate of Johnny Burnett.

Burnett bought the site for $75,000 in July 1991 from Pleasant Valley Inc.

LOT 11

Rogers purchased the 2,120-SF house for $345,000 in June 1999 from R.L. Quails. The residence is tied to a June 1999 mortgage of $220,000 held by Countrywide coun·try·wide  
adv. & adj.
Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search.

Adj. 1.
 Home Loans Inc. of Calabasas, Calif.

Qualls acquired the house for $325,000 in December 1997 from the Lawson W. Turner III Qualified Residence Trust. The trust bought the home for a reported $360,000 in October 1996 from Edwin and Constance Hilburn.

The Hilburns purchased the site for $63,000 in November 1989 from Pleasant Valley Inc.

LOT 12

Roger and Paula Glasgow acquired the undeveloped lot for $125,000 in February 1998 from Shelby and Dianne Woods. The land is linked with an October 1998 mortgage of $100,000 from Little Rock's One Bank.

The Woods family bought the property along with lot 14 for $200,000 in October 1997 from House Properties Inc., led by Byron House III.

The corporation purchased lots 12 and 14 for a reported $210,000 in July 1994 from Pleasant Valley Inc.

LOT 14

Shelby and Dianne Boyt Woods bought the property along with lot 12 in October 1997 from House Properties Inc. They developed a 3,393-SF home.

LOT 15

Byron W. House III purchased the site for $67,000 in June 1990 from Pleasant Valley Inc. He developed the 2,609-SF home with the aid of an October 1993 mortgage of $203,000 held by Little Rock's Worthen Mortgage Co.

LOT 16

Otto Otto, Austrian archduke
Otto: see Hapsburg, Otto von.
 and Anne Verch acquired the site for $70,000 in October 1991 from Pleasant Valley Inc. The 2,512-SF home is backed with a September 1992 loan of $100,000 and a February 1998 loan of $101,700 from Pulaski Mortgage Co.

LOT 17

Frank S. Hiegel bought the property for $120,000 in October 1993 from Gerald Barnett. The 3,312-SF home is tied to a November 1997 mortgage of $214,600 from Pulaski Mortgage Co.

Barnett acquired the site for $113,000 in November 1989 from Pleasant Valley Inc.

LOT 18

Louis J. Schaufele purchased the property for $140,000 in December 1993 from Evelyn Davis and developed a 3,991-SF home. Davis bought the site for $75,000 in November 1989 from Pleasant Valley Inc.

LOT 19

Charles T. Meyer III acquired the property for $116,000 in November 1989 from Pleasant Valley Inc. and developed the 3,630-SF home.

LOT 20

Charles T. Meyer III bought the site for $65,O0O in April 1991 from Pleasant Valley Inc.

LOT 21

Don and Rebecca Ward Rebecca "Becca" Ward (born 7 February, 1990) is an American sabre fencer.

Ward won the gold medal at the sabre 2006 World Fencing Championships after beating Mariel Zagunis 15-11 in the final.
 purchased the property for $128,2000 in October 1998 from Pleasant Valley Inc. They developed a 3,318-SF home with the aid of a $401,000 loan from Little Rock's Pulaski Bank & Trust.

LOT 23

Sara T. Jouett acquired the 4,560-SF home for $590,900 in August 1997 from D.S D.S Drainage Structure (flood protection) . Homes Inc. The homebuilder bought the site for $155,000 in July 1995 from Fred Johnson For the fictional character, see .

Fred Johnson was a Major League Baseball player who played for the New York Giants and the St. Louis Browns. He debuted in 1922 on September 27th with the Giants.
 and his wife, Cathy.

The Johnsons purchased the land for $135,000 in April 1994 from Roy and Betty Turner. The Turners acquired the site for $102,000 in December 1989 from Pleasant Valley Inc.

LOT 24

J. Wythe Walker and his wife, Barbara, bought the site for $90,000 in February 1990 from Pleasant Valley Inc. and developed a 2,670-SF home.

LOT 25

Gregory Elliott and Jerry Hooker purchased the 2,800-SF home and Lot 26 for $295,000 in February 1996 from the estate of Irene Johnson Barnes. The residence is backed with a February 1996 mortgage of $265,000 held by North Little Rock's Mercantile Relating to trade or commerce; commercial; having to do with the business of buying and selling; relating to merchants.

A mercantile agency is an individual or company in the business of collecting data about the financial status, ability, and credit of individuals
 Bank of Arkansas.

Barnes acquired the property for $268,000 in July 1992 from David Matchet. Matchet bought the land for $85,000 in August 1991 from Pleasant Valley Inc.

LOT 26

Gregory Elliott and Jerry Hooker acquired the property and adjoining house for $295,000 from the estate of Irene Barnes. Barnes bought the site for $81,000 in May 1992 from Pleasant Valley Inc.

LOT 27

Pleasant Valley Inc. owns this undeveloped land.

LOT 28

Linda E. Latta purchased the site for $75,000 in November 1997 from Pleasant Valley Inc.

LOT 29

Nancy Hundley McKenzie bought the land for $99,000 in November 1989 from Pleasant Valley Inc. and developed a 3,364-SF home.

LOT 30

Frank and Judy Harris Bauer acquired most of the property for $99,000 in November 1989 from Pleasant Valley Inc. The Bauers developed a 3,791-SF home with the aid of a September 1990 mortgage of $400,000 held by Metropolitan National Bank.

The Bauers added half of what was lot 31 in two buys from Pleasant Valley Inc., $5,000 in August 1990 and $33,000 in December 1997.

LOT 32

Pleasant Valley Inc. owns this undeveloped land, which combines lot 32 with half of what was lot 31.

LOT 33

Pleasant Valley Inc. owns this undeveloped land.

LOT 34

Frank and Ann Parke Jr. purchased this land for $75,000 in January 1993 from Pleasant Valley Inc.

LOT 35

Frank and Ann Parke Jr. bought the property for $120,000 in January 1993 from R. Barry Sorrells and his wife, Linda, and developed a 4,243-SF home. The Sorrells family acquired the site in November 1989 for $99,000.

LOT 36

George and Susan Smith for the Playboy playmate see Susan Smith

Susan Smith (born September 24, 1971 as Susan Leigh Vaughan), of Union, South Carolina, was convicted July 22, 1995, of murdering her two sons, 3-year-old Michael Daniel Smith, born October 10, 1991, and 14-month-old Alexander Tyler
 purchased the property for $103,000 in October 1992 from Pleasant Valley Inc. The 3,551-SF home is tied to a November 1998 morrgage of $400,000 held by Little Rock's Bank of the Ozarks.

LOT 37

The Susan Sims Smith Pension Fund bought the land for $75,000 in July 1997 from Pleasant Valley Inc.

LOT 38

Phillip and Levenia Hargrave acquired the property for $71,600 in October 1996 from Joe and Patricia Hays.

The Hargraves developed a 2,667-SF home with the aid of a July 1997 mortgage of $250,000 and December 1997 mortgage of $147,000 from Mercantile Bank of Arkansas.

The Hays family bought the site for $85,000 in May 1994 from Pleasant Valley Inc.

RIVER HEIGHTS

LOT 1

Laura Hornor purchased the property for $108,000 in March 1995 from the Alex and Ellen Golden trusts and developed a 2,713-SF home. The residence is backed with a March 1995 mortgage of $115,000 held by Superior Federal Bank of Fort Smith.

LOT 2

B. Finley Vinson and his wife, Nancy, bought the 3,513-SF home for $277,000 in August 1995 from Alex and Ellen Golden. The house is financed with a pair of 1999 mortgages and a January 2000 mortgage all totaling $270,000 held by Regions Bank in Little Rock.

LOT 3

Gordan and Hayden Rather acquired the 3,527-SF home for $309,000 in July 1995 from the Bank of Mulberry mulberry, common name for the Moraceae, a family of deciduous or evergreen trees and shrubs, often climbing, mostly of pantropical distribution, and characterized by milky sap. Several genera bear edible fruit, e.g. . The residence is hacked Modified. Attacked. Having code altered. See hack and hacker.  with an August 1995 mortgage of $315,000 held by Boatmen's National Bank of Arkansas in Little. Rock.

Bank of Mulberry recovered the property from Donald and Judy Jackson The Honourable Judith Louise Jackson (Born; 31 August, 1947) was an Australian Labor Party politician, in Tasmania from 1986 to 2006. She was the Attorney-General and Minister for Environment in the Tasmanian Government.  at a $311,505 foreclosure sale foreclosure sale n. the actual forced sale of real property at a public auction (often on the court house steps following public notice posted at the court house and published in a local newspaper) after foreclosure on that property as security under a mortgage or  in July 1995. The Jacksons bought the site for $90,000 in March 1993 from the Goldens.

LOT 4

Roger and Paula Glasglow purchased the 3,319-SF home for $340,000 in October 1999 from Rodney and Caroline Morgan Ford. The deal was financed with a $276,800 mortgage held by Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
 in Little Rock.

Chandler and Caroline Morgan Johnson acquired the house for $312,000 in May 19% from David and Stephanie Clark. The Clarks bought the residence for $280,000 in May 1994 from James and Donna Kroskey.

The Kroskeys purchased the site for $90,000 in March 1993 from the Goldens.

LOT 5

The Jennifer Barrett Revocable Trust Revocable Trust

A trust whereby provisions can be altered or cancelled dependent on the grantor. During the life of the trust, income earned is distributed to the grantor, and only after death does property transfer to the beneficiaries.
 acquired the 4,408-SF home for $570,000 in August 1999 from Saad and Naomi Taha. The deal was backed with a $513,000 mortgage held by Bank of America.

The Tahas bought the home for $470,000 in June 1997 from the Goldens.

LOT 6

Mary Ann Dawkins purchased the 4,1370-SF home for $405,900 in November 1995 from H. Dudley Shollmier and his wife, Linda. The property is linked with a February 1996 mortgage of $328,000 held by Signet Mortgage Corp. of Richmond, Va.

The Shollmiers acquired the property for $110,1000 in January 1995 from the Goldens.

LOT 7

Linda Hogg hogg

castrated male sheep usually 10 to 14 months old. Also used to describe an uncastrated male pig.
 bought the 2,522-SF home for $380,000 in February 1999 from David T. Matchet. The deal was financed with a $235,000 loan from First Financial Bank of El Dorado El Dorado, legendary country of South America
El Dorado (ĕl`dərä`dō, –rā`–) [Span.,=the gilded man], legendary country of the Golden Man sought by adventurers in South America.
.

Matchet acquired the site for $90,600 in January 1994 from Walter Quinn III and his wife, Terry. The Quinns purchased the property in January 1994 from the Goldens.

LOT 8

Dr. John R. Hampton III acquired the property for $130,000 in October 1995 from the Goldens and developed a 2,592-SF house with the aid of a $214,000 loan from U.S. Mortgage Inc. in Little Rook rook, term used for a common Eurasian bird (genus Corvus) of the family Corvidae (Crow family), smaller than the American crow. The jackdaw is a European species of the genus. Rooks nest in large colonies, whence the term rookery. .

LOT 9

G.F. Ingle in·gle  
n.
1. An open fire in a fireplace.

2. A fireplace.



[Perhaps Scottish Gaelic aingeal, fire, light.
 purchased the 3,384-SF home for $400,000 in March 1999 from Chuck Hamilton Construction Inc. The deal was financed with a $200,000 loan from madison Bank & Trust of Huntsville.

Chuck and Carol Hamilton bought the property for $1l0,000 in October 1997 from Pleasant Valley Inc.

LOT 10

The Goldens developed the 2,847-SF home with the aid of a $311,500 loan in August 1997 from Superior Federal Bank.

LOT 11

Roger Glasgow acquired the 3,128-SF house for $355,000 in July 1995 from the Goldens. Glasgow bought adjoining land in what was part of lot 12 for $40,000 in January 1997 from the Goldens.

The property is backed with a $283,150 mortgage held by Superior Federal Bank.

LOT 12

Daniel and Ann Kemp n. 1. Coarse, rough hair in wool or fur, injuring its quality.  purchased the 3,494-SF house for $360,000 in June 1997 from the Goldens. The deal was backed with a $200,000 loan from One National Bank of Little Rock.

The Goldens acquired the site and part of what was Lot 12 for $112,000 in February 1996 from the Quinns. The Quinns assembled the land in two buys from the Goldens -- $88,000 in January 1995 and $37,000 in March 1995.

LOT 14

The Goldens' 1,954-SF house is backed with a $227,000 mortgage held by Mercantile Bank of Arkansas.

LOT 15

An undeveloped lot owned by the Pleasant Valley Inc.
COPYRIGHT 2000 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Author:WALDON, GEORGE
Publication:Arkansas Business
Date:Jun 19, 2000
Words:2757
Previous Article:ARKANSAS BUSINESS RANKINGS:TOP-PRODUCING REAL ESTATE AGENTS.
Next Article:Gated Golf Community to Be Sold at Action.



Related Articles
Who is Melanie Steele and Why is She Buying This Stuff?
Cashing Out. (Whispers).(Brief Article)
Cafe D'Roma lawsuit postponed; spending spree apparently over.(Melanie Steele)(Statistical Data Included)(Illustration)
Canal Pointe abode. (Real Deals).(house sale)(Brief Article)
Canal Pointe abode. (Real Deals).(Public Notice)
Canal Pointe abode.(Real deals: a look at important real estate transactions)(Brief Article)
Canal residence.(Real deals: a look at important real estate transactions)(Brief Article)
Canal Pointe abode.(Real deals: a look at important real estate transactions)(Brief Article)
Canal Pointe deal.(Real Deals: A Look at Important Real Estate Transactions)
Canal Pointe home.(Real Deals: A Look at Important Real Estate Transactions)

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles