Newell Development

About Newell Development

Newell Development is a real estate operator. Newell Development operates in Bentonville-Rogers-Fayetteville, Arkansas (Northwest Arkansas). Its investment focus is on Multifamily - Ground-up, Single-Family Homes and Suburban Office.

Newell Development is a privately held real estate development company headquartered in Bentonville, Arkansas. Founded in 2017 by Jake Newell, the firm has a team of approximately 2–10 employees and focuses on residential and mixed-use projects throughout Northwest Arkansas. The company specializes in infill development, targeting underutilized sites in walkable and bikeable urban locations. The company’s primary areas of focus include multifamily housing, mixed-use developments, single-family residential projects, and urban infill redevelopment. Newell Development has completed and managed multiple projects in downtown Bentonville and surrounding communities, with an emphasis on increasing housing density near employment centers, trails, and community amenities. In 2023, the company announced three major Bentonville developments expected to add more than 500 residential units and represent approximately $100 million in investment. Its portfolio includes apartment communities, townhomes, and mixed-use properties designed to support the region’s continued population and employment growth. Through its development activities, Newell Development has become an active participant in the expansion of Northwest Arkansas’ residential real estate market.

Principals at Newell Development