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City OKs MOU with Newfound for River Market overhaul; developer outlines food-hall vision
Summary
The board approved a memorandum moving Newfound forward to develop a major renovation of Ottenheimer Hall and the River Market pavilions; Newfound’s Will Smith said the plan centers on a year‑round food hall for local entrepreneurs and an events pavilion to support conventions and private rentals.
The City of Little Rock’s Board of Directors moved forward on plans to renovate the River Market’s Ottenheimer Hall, approving a memorandum of understanding that advances development discussions with Newfound (New and Found Management and Development LLC).
Will Smith of Newfound told the board the firm specializes in adaptive reuse and pointed to a long St. Louis project as background experience. "Our…
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