Central Arkansas Transit Authority Enhancing the Downtown Economy.

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Presentation transcript:

Central Arkansas Transit Authority Enhancing the Downtown Economy

Comparison of Initial Start Up Costs Comparison of Streetcar Operations The River Rail is operated very efficiently, costing $35 less per hour than the next most efficient historic streetcar system. Streetcar Cost Comparison Construction of the River Rail was relatively low.

Study area based on a ¼ mile buffer area (a 5 minute walk) AND the built environment Study area = less than 1 square mile Inventory of Businesses & Capital Improvements Walking tour of area Forming key partnerships Contacting each location Verifying data & info Economic Enhancement Study

Have the downtowns experienced an economic revitalization?

River Rail Expansion Studies Extension north along Main St in NLR – 2.5 miles Extension south along Main St in LR – 1.5 miles