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First Street Flats Multi-Family Development to Break Ground in Downtown Rogers

Posted by: Karen Wagaman on Monday, February 20, 2023
First Street Flats Development by Specialized Real Estate and Modus Studio

Specialized Real Estate Group is celebrating the ground breaking during a ceremony Thursday, February Feb. 23, in Downtown Rogers. First Street Flats is the first ground-up, large-scale, multi-family community to be constructed in Downtown Rogers. The ceremony will take place at the development site at 401 1st St., Rogers, Ark, in the Water Tower District.

Designed by Modus Studio, First Street Flats will supply 121 units made up of studio, one-bedroom, and two-bedroom units with adaptable spaces. The development will offer a prime location for accessibility to outdoor recreation, an easy commute to Bentonville or Fayetteville, and connected districts in the future.


Old Cider House Entrance

Specialized Real Estate Group makes an effort to use existing structures in downtown areas to maintain the neighborhood's history. First Street Flats will utilize part of an existing structure on the site as a central gathering space and amenity building for residents and neighbors alike. This structure was the original home of the Ozark Cider and Vinegar Company. It will host an on-site plunge pool, co-working space, coffee bar, and additional storage for outdoor recreation rentals.


Old Cider House Interior

“First Street Flats will exemplify our commitment to building healthy spaces with walkability top of mind,” said Jeremy Hudson, Co-Founder and CEO of Specialized Real Estate Group. “We have been looking for the right opportunity to join the Downtown Rogers community ever since the Downtown Rogers Initiative Plan was adopted in 2015, as that plan created a guide to aid in the creation of a more walkable, vibrant, and mixed-use downtown neighborhood. Our developments strive to connect people with neighbors and nature, and First Street Flats will aim to do just that.”


Muse Court South

The Downtown Rogers master plan designates the Water Tower District as a place where “public art, great streets, entrepreneurial energy and diversity provide a platform for Downtown Rogers to be integral to the momentum of Northwest Arkansas.” The Specialized Real Estate Group team is excited to bring a multi-family development to this designated neighborhood.

Specialized Real Estate Group is a real estate development and property management company serving Northwest Arkansas. Specialized was founded in 2012 with a mission to create healthy spaces that inspire people to connect with neighbors and nature. They develop multi-family, single-family, and commercial properties in downtowns emphasizing walkability. All Specialized developments prioritize indoor air quality, clean building practices, modern design, and easy access to nature.

Learn more at nwaonline

 

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