FAYETTEVILLE (KFSM) - Recently, Northwest Arkansas` population surpassed 500,000 people.
As more people move to the area, Fayetteville is seeing a larger overall growth than others. In result, more housing is starting to develop.
“With all these new people coming in, naturally there is a bigger need for housing,” said Chung Tan, Fayetteville’s Director of Economic Development. “So, the developers will start to respond. If you look at the statistics, every city [in Northwest Arkansas] is growing. And, Fayetteville is growing the most in terms of absolute numbers. I think it’s more about the quality of life that we have.”
It`s that quality of life, that convinced James Stobaugh to recently build a home in Fayetteville.
“You`ve got the university here. You`ve got the athletics, and now you have the arts,” Stobaugh said. “You have the restaurants. We have great public schools. The environment in Fayetteville, it’s just a really pleasant place to live.”
In the first five months of 2014, 141 residential building permits were issued.
So far, in 2015, that number is already up to 170.
Tan says that statistic is a sign of Fayetteville’s dedication to its residents.
“If you come to Fayetteville, not only will we take care of you professionally, you’re individual needs, as well as your family needs. But, also the general quality of life here,” Chung said.
The Chamber of Commerce said the rate of inflection is what has attracted chains like Whole Foods to the city.
That development on College Avenue is expected to bring more than 200 jobs to the city.