City of Little Rock, Arkansas - Fiscal and Economic Analysis of Disinvestment
As part of the City's Future-Little Rock effort, which directed the goal-setting and strategic planning program for the City, TischlerBise conducted a fiscal and economic impact analysis that evaluated three scenarios, all of which measured the cost of continued disinvestment in the downtown.
The Trends scenario assumed that housing abandonment continued in two areas of the City. The Residential scenario assumed less abandonment in one area and growth in the other four zones. The third scenario, Employment, assumed the same residential component as Trends, but approximately 400,000 square feet of additional nonresidential development.