Fayette Mall in central Arkansas will have a new residential building.
Chelstenham Mall in Fayetteville will have new retail space.
Chelstahan Mall in Chelstanville will be demolished to make way for Chelmontah Village.
Chelanham Village in Chelan will become the new home of Cheltah Village Development Corporation.
The village will be located at the corner of Chelan and North Mockingbird roads.
The village is expected to be completed by 2019.
The project will be financed by the Chelan City Development Corp., according to the Chellan City website.
The Chelan Times reported the village will have 50 units, two shops, a hotel and a park.
The development will include 2,500 to 3,000 apartments, and approximately 200,000 square feet of retail space, according to The Cheltecast.