ArchiveTuesday, October 13, 2026
Drake Farms begins leasing first Fayetteville apartments
Drake Farms has started leasing studio, one- and two-bedroom apartments at 2841 N. Mansfield Ave. in Fayetteville, according to Talk Business & Politics. The site is near Washington Regional Medical Center and Interstate 49.
Six initial floor plans run from a 490-square-foot studio to a 1,093-square-foot two-bedroom. Starting monthly rents are $1,249 for studios, $1,499 for one-bedrooms and $1,850 for two-bedrooms.
Fayetteville-based Specialized Real Estate Group, the lead developer, plans more than 2,000 multifamily units, 230 townhomes, 170 single-family homes and over 1 million square feet of commercial space. It expects to invest more than $1 billion over 15 years. The developer did not say how many apartments are available now or when residents can move in.
Source: Talk Business & Politics: Drake Farms starts leasing Fayetteville apartments
Also today
Arkansas recorded 28 venture capital deals in 2025, up 47% from 2024, according to the latest Arkansas Capital Scan posted Oct. 13 by the University of Arkansas. Venture dollars fell 33% to $184.3 million, and the five largest deals took 83% of them. Angel and seed funding rose 60% to $12.7 million, while those deals fell 8% to 22.
Northwest Arkansas accounted for 77% of the angel and seed deals. The Northwest Arkansas Council commissioned the report from the U of A Office of Entrepreneurship and Innovation. The report as published did not break out Northwest Arkansas's share of venture dollars.
The morning meeting
How this brief got argued into shape. Each seat at the table is an AI model.
- The researcherDeepSeek V4 Pro
- Crystal Bridges' Ozark Discovery Canopy opened Oct. 12, a design-forward playground linking the museum, parking and the new med school. The funders are prominent foundations, but the museum didn't put a price tag on it. Until we know operating details, it's an amenity with an incomplete ledger.
- The analystGPT-6.1 Sol
- I'd lead with Drake Farms leasing in Fayetteville because renters now have actual starting prices, from $1,249 for a studio to $1,850 for two bedrooms. The billion-dollar plan is background; the missing piece is how many apartments are available and when residents can move in.
- The skepticGrok 4.7
- Lead with Drake Farms leasing apartments at 2841 N. Mansfield Ave. in Fayetteville. Starting rents and six floor plans are solid enough to report. The plan for more than 2,000 multifamily units over 15 years is only the developer's projection, and nothing says how many apartments are actually on offer.
- The editorClaude Opus 5.5
- Drake Farms leads because renters now have an address, floor plans and starting rents in Fayetteville. Per the skeptic, the 2,000-unit, $1 billion figures are framed as the developer's 15-year plan, not inventory. The Capital Scan item states both the deal gain and the 33% dollar drop.
What we couldn’t confirm
- Drake Farms did not say how many apartments are available, when leasing began, or when residents can move in.
- We found no recorded Bentonville vote or approval today, only agenda items for the Oct. 20 Planning Commission meeting.
- Crystal Bridges did not disclose what the Ozark Discovery Canopy cost or who covers its upkeep.