WELCOME TO PDC!
PDC Companies is a unique, relationship focused business providing a full range of real estate services to its clients. With over 30 years of experience, PDC gives each customer the ability to reach its goals with services tailored to meet its needs. Based in Little Rock, Arkansas, PDC uses a flexible team approach, using resources from Development, Brokerage and Property Management divisions as necessary to bring projects from vision to completion. PDC provides real solutions to real estate needs.
“Our mission is to provide superior real estate developments, construction and property management.”
Performance- Measurement of Success
Respect- For Ourselves, Each Other, Our Differences and Our Commonalities
Integrity- Honest, Ethical and Sincere Performance
Dedication- Committed to Unselfish Service
Excellence- On-Going Journey to be the Best
To operate with the highest degree of integrity and dedication and be recognized as a leader in providing high quality services to develop, buy, sell, construct, lease and manage commercial and residential real estate.
PDC is Founded
PDC Companies, then Phillips Development Corporation, is founded in Little Rock, Arkansas to address widespread demand for real estate development and housing production.
First Affordable Housing Community Built
Murfreesboro Apartment, PDC’s first affordable housing community, is built using funds from the Farmers Home Administration, predecessor to USDA’s Rural Development agency. These Section 515 Rural Rental Housing funds were crucial in the development and stabilization in rural Arkansas. PDC’s Arkansas portfolio consists of 47 properties and nearly 1,400 units.
Chester Phillips Construction Company Founded
Due to lack of specialized construction in the affordable housing industry, Chester Phillips Construction Company (now PDC Construction, Inc.) was founded. Since its founding, every affordable community in PDC’s portfolio has been constructed under the meticulous supervision of PDC Construction.
First Tax Credit Communities Built
Through the use of the newly introduced Low Income Housing Tax Credit (LIHTC), PDC develops and builds their first tax credit communities, located in the delta region of Arkansas. Since it was enacted through the Tax Reform Act of 1986, the LIHTC is the single most successful housing program in the history of the United States, leveraging private investment with federal tax credits.
PDC Builds for Benton Housing Authority
PDC Construction leads the construction of 27 single family homes for the Benton Housing Authority in Benton, Arkansas. This represents the first time PDC Construction builds for an owner other than PDC Companies.
First Commercial Project Complete
PDC Construction’s first commercial project is completed as the Collegiate Center opens for students at Arkansas Valley Technical Institute. PDC Construction has since built for other higher education institutions, including Hendrix, Philander Smith, Ozarka Technical and Black River Technical.
First Affordable Housing Community Opens in Kentucky
Fairground Place, PDC first affordable housing community in Kentucky, opens in Bedford, Kentucky, north of Louisville. PDC’s Kentucky portfolio has since grown to 12 properties and over 400 affordable units.
Chenal Place Shopping Center Built
PDC Construction builds Chenal Place Shopping Center, the first major commercial development in West Little Rock. West Little Rock has since exploded with investment and development.
Sterling Creek Opens.
Sterling Creek, PDC’s first affordable housing community in Missouri, opens in Independence, MO outside of Kansas City. In total, PDC has 3 Missouri properties and 130 units in its portfolio.
The Towne Centre is Built
PDC Companies and PDC Construction develops and builds The Towne Centre, located off Maumelle Boulevard in Maumelle, Arkansas, one of the first commercial developments in North Little Rock’s suburb of Maumelle, one of Arkansas’ fastest growing communities.
Fort Hope Apartments Opens
Fort Hope Apartments opens Cape Girardeau, Missouri. Once a Union stronghold during the Civil War as well as a Hospital owned by the Sisters of St. Vincent, Fort Hope historical significance is commemorated through the preservation of the hospital’s corner stone and historical marker. PDC has two Cape Girardeau communities, with Napa Ridge Duplex Homes being Fort Hope’s sister property.
Women Owned Business Certified
PDC Construction becomes a nationally certified Women Owned Business through National Association of Women Owned Businesses.
PDC Begins Reinvesting
PDC begins reinvesting in its portfolio through rehabilitation with the renovation of Mountain View Apartments and Augusta Square. PDC is committed to the preservation of our nation’s existing housing stock.
Our House Homeless Shelter Built
PDC Construction completes extensive building renovations for Our House Homeless Shelter, one of Central Arkansas’ most generous not-for-profits. PDC cherishes its non-profit partners, which includes Our House, Goodwill Industries of Arkansas, Wolfe Street Foundation, Easter Seals of Arkansas, City of Faith and the Twentieth Century Lodge.
Roundtop Gas Station Built
PDC Construction finishes work on one of Central Arkansas most recognizable historical monuments, Roundtop Gas Station. The Sherwood landmark and former Hollywood film site underwent to an intricate conversion from dilapidated filling stop to police substation.
First LEED Opens
Harold Court, owned by Easter Seals of Arkansas, opens its doors as PDC Construction’s first LEED for Homes certified project. The Certified LEED Gold apartment homes provides specialized housing for children and adults with developmental disabilities.
Villa Construction Begins
PDC Construction begins work on The Villas, Phase II in Maumelle, Arkansas. Slated for completion in 2016, the 108-unit second phase will provide unparalleled luxury and world-class amenities, while its residents soak in the gorgeous backdrop provided by Arkansas River and Pinnacle Mountain.