The Utah Entrepreneur Trying to Remake Pine Bluff, Arkansas
transcript
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In 2019, John Fenley was 39, newly separated, and living in one of his mother's rental apartments in Provo, Utah. Searching LoopNet for the biggest building at the lowest price, he found a 220,000-square-foot warehouse on 17 acres in Pine Bluff, Arkansas, listed at $375,000. He assumed the price was a typo. He had never been to Arkansas. He bought it anyway — and then bought Murfie, a bankrupt Wisconsin startup, inheriting roughly a million CDs belonging to strangers.
What followed was copper thieves, a pandemic lockdown that stranded his shipping containers, a running battle with Pine Bluff's zoning office, and a feud with Go Forward Pine Bluff, the tax-funded nonprofit he believed was blocking him at every turn. Then an $890,000 windfall landed in his bank account, and he bought 74 parcels at a tax auction, making him one of the largest landowners in town. Writer Max Read dubbed him "The Man Who Bought Pine Bluff, Arkansas." Four years later, he's still there.
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