Last week, Arkansas Business took a look at the Little Rock Technology Park, the planned $100 million project along Main Street that city officials believe will return a healthy ROI on the $22 million investment city voters approved in 2011 through a half-cent sales tax increase. (Tech Park Moving From Concept to Physical Reality)
Work on the first phase of the park is expected to begin early in 2016. Tech Park Director Brent Birch tells us that Phase 1 work on the 400 block of Main should be complete by fourth quarter 2016 or early in 2017.
More tidbits: Phase 1 will entail 86,000 SF of office space, 48,000 of it taken up by the state Department of Higher Education. The remaining 38,000 SF will be dedicated to co-working and office space for the startups and entrepreneurs expected to fill the park.
All told, Birch says the tech park’s five phases will cover 600,000 SF on and around Main Street.
No firm timetable exists for completion of all the planned phases.