Infrastructure: Building Bridges to the Future and More

by Capital Assets Staff  on Monday, Feb. 24, 2014 12:00 am  

Air, rail, water, Interstates and available land plus office space converge to give the region an ideal intermodal network, near the country’s geographic and population centers.

  • Bill and Hillary Clinton National Airport, serving 2.2 million passengers annually with six airlines, 124 daily arrivals and departures and nonstop service to 16 destinations. The airport completed a $67 million expansion in 2013 that includes a modernized and expanded ticket lobby. The airport is home to Dasault-Falcon Jet’s only United States completion center and Central Flying Service, the nation’s largest fixed-base operation.
  • Little Rock Port, adjacent to I-440 connecting to I-30 and I-40 on the 448-mile McClellan-Kerr Arkansas River Navigation System (from Mississippi River northwest to 15 miles east of Tulsa), this unique intermodal transportation center features a 2,550-acre industrial park, two full-service river terminals, its own switching railroad, a Slackwater Harbor, and is designated as a U.S. Customs Point of Entry and Foreign Trade Zone 14.
  • Interstate Highways I-40 (North Carolina to California), the third-longest major west-east Interstate Highway, and I-30 (North Little Rock to Fort Worth) intersect in the region, connected and served by I-440, I-430 and I-630 and five U.S. and 22 state highways.
  • Industrial Parks are plentiful in the region, with over 35 parks, ranging in available size from 6-acre tracts to a 2,045-acre megasite.

Commercial Office Space

Occupancy of over 1,000 properties consisting of over 23.6 million SF is estimated at 89 percent, with sizes ranging up to 700,000 square feet.

Utilities

The region’s utility systems are economic development-focused, providing reliable service and plentiful capacity.

  • AEP/Southwestern Electric Power Company
  • Electric Cooperatives of Arkansas, long considered one of the top generation and transmission cooperatives in the nation, has assets of about $1.1 billion and annual energy sales of about $669 million, providing power to its members — the 17 electric distribution cooperatives — through diverse generation assets, including three hydropower plants, three natural gas/oil-fired plants, and two natural gas-fired only plants.
  • Entergy Arkansas, with as much as 70 percent of its electric power coming from emissions-free nuclear generation, provides the region with a power mix that is one of the highest CO2-free electric generation percentages in the nation.
  • First Electric Cooperative
  • CenterPoint Energy
  • Central Arkansas Water has two high-quality and well-protected raw water sources, Lake Winona and Lake Maumelle. Lake Winona, located in Saline County in the foothills of the Ouachita Mountains, is a scenic, 1.9 square mile reservior that supplies approximately 35 percent of the daily system wide demand. Lake Maumelle, located in west Pulaski County, is a scenic 13.9 square mile reservoir that provides approximately 65 percent of daily system wide demand.
  • Little Rock Wastewater, with over 75 years of providing impeccable service while protecting the environment, contributes to the long-term economic growth and vitality of the region by planning and investing in an infrastructure that can meet the corporate and residential needs, both today and in the years to come.

 

 

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