Central Arkansas Transit Authority
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Transcript of Central Arkansas Transit Authority
Central Arkansas Transit Authority
Enhancing the Downtown Economy
Historic Streetcar Systems In the United States Initial Investment
City In Operation Construction Cost Track Miles Cost/MileKenosha 2000 $6,200,000 1.9 $3,263,158
Little Rock 2004 $30,000,000 3.4 $8,823,529Memphis 1993 $103,000,000 10.02 $10,279,441Tampa 2002 $48,300,000 2.7 $17,888,889
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