Little Rock-based Dillard's will serve as an anchor for the first phase of a mixed-use development at the former site of Conway's airport, officials said Wednesday.
The retailer said in a statement that it plans to add its ninth store in Arkansas at Conway's Central Landing retail development.
"Conway is an established community and we look forward to serving this growing market that already knows Dillard's as the hometown fashion destination," CEO Bill Dillard II said in the statement.
Will Wilson, president of the development firm Jim Wilson & Associates LLC, said the addition of Dillard's "speaks volumes about the positive retail future of this excellent site."
"Dillard's, well known to everyone in Arkansas, will bring an exciting, state-of-the-art store to this exceptional, growing and vibrant market, only a short distance from its Little Rock corporate office," he said in the statement.
The 100,000-square-foot store will anchor a retail portion of the 150-acre Central Landing development alongside 40 specialty stores and restaurants, the statement added. Those businesses haven't yet been named.
Subsequent phases of the development are to include hotels, office buildings and residences.
The start of construction hinges on voters next month approving an extension of a one-eighth-cent sales tax to fund a bond issue for improvements to roads that access the site. A special election is set for Sept. 8.