The new tower was born out of discussions between two ascending business executives, John Flake, a Little Rock real estate developer, and Jerry Maulden, president of Arkansas Power & Light (now Entergy). Construction began in 1984 on the $72 million building, and in 1986 the building was completed and dubbed The Capitol Tower.
The new tower originated from conversations between two influential business leaders, John Flake, a Little Rock property developer, and Jerry Maulden, president of Arkansas Power & Light (now Entergy). In 1984, construction on the $72 million building began, and by 1986, it was completed and named The Capitol Tower.