Buildings and Sites
Buildings and Sites
Over one million people live within 50 minutes of downtown Little Rock. So, twelve central Arkansas counties and their unique communities are united to compete as one common, globally recognized brand – Little Rock. $2.2 billion new capital investment, $518 million new annual payroll, and 15,480 jobs later, the results are indisputable and historically unprecedented.
From large worldwide companies to new tech startups, we have the workforce, partners, and programs that will help you create success. Some of these worldwide companies include Acxiom, Caterpillar Inc., Dassault Falcon Jet Corp., Dillard’s Inc., FIS Global, LM Wind Power, L'Oreal USA Products, Inc., Stephens Inc., and Welspun Tubular, LLC.
Organizations like the Arkansas Regional Innovation Hub, Little Rock Tech Park, and The Venture Center also contribute to our creative, forward-thinking culture in the startup realm. In fact, we’re considered the birthplace of FinTech thanks to the founding of Systematics in the 1960's. The VC FinTech Accelerator, empowered by FIS is a rigorous 12-week program designed to accelerate the growth of early stage financial technology ventures. The Venture Center and FIS can accelerate industry innovation with a focus on cutting costs, driving customer engagement and increasing revenue.
Our military installations include the Little Rock Air Force Base and Camp Joe T. Robinson, which combine for over $800 million in annual economic impact for the State of Arkansas.
Serving 2.2 million passengers annually with eight airlines, the Bill and Hillary Clinton National Airport has 57 daily departures to 15 different cities. From there, you can reach major cities across the globe. The airport is home to manufacturer Dassault Falcon Jet, their largest operations in the world. In addition, two FBO's are located at the airport: TacAir and Lynx. The airport is designated as a U.S. Customs Point of Entry.
I-40 (North Carolina to California), the third longest major east-west Interstate Highway, and I-30 (Little Rock to Texas and Mexico) converge in the region. In addition, Little Rock is connected and served by I-430, I-440, I-530, I-630 and five U.S. and 22 state highways.
Union Pacific Railroad (UP), Burlington Northern Santa Fe (BNSF) and Genesee Wyoming serve the Little Rock area with freight rail services. The Port of Little Rock has its own short line railroad which connects to the UP and BNSF, two Class I railroads. Greenfield sites and industrial buildings are available for lease or purchase.
448-mile McClellan-Kerr Arkansas River Navigation System, which runs from the Mississippi River northwest to 15 miles east of Tulsa.
Adjacent to I-440, connecting to I-30 and I-40, the Port of Little Rock is on the 448-mile McClellan-Kerr Arkansas River Navigation System, which runs from the Mississippi River northwest to 15 miles east of Tulsa. Welspun, LM Windpower, Lexicon, Skippy Peanut Butter, Ring Container Technologies, Ryerson, and Georg Fischer Harvel are a few of the industries that call the Port of Little Rock home. This unique intermodal transportation center features a 3,000 acre industrial park, two full-service river terminals, its own short line railroad that connects to two Class 1 railroads, one Slackwater Harbor (soon to be two), and is home to Foreign Trade Zone 14. Greenfield sites and industrial buildings are available for lease or purchase at the Port of Little Rock with rail, water, and road access.
This unique intermodal transportation center features a 3,000 acre industrial park, two full-service river terminals, its own shortline railroad that connects to two Class 1 railroads, one Slackwater Harbor (soon to be two), and is home to Foreign Trade Zone 14.
State=6.5% Pulaski County=1.0% Little Rock=1.5%
Marginal Tax Bracket vs Tax Rate (Single) $0.00+ has rate of 0.9% $4,299.00+ has rate of 2.5% $8,500.00+ has rate of 3.5% $12,699.00+ has rate of 4.5% $21,199.00+ has rate of 6% $35,100.00+ has rate of 6.9%
Marginal Tax Bracket (Married Filing Jointly) $0.00+ has rate of 0.9% $4,299.00+ has rate of 2.5% $8,500.00+ has rate of 3.5% $12,699.00+ has rate of 4.5% $21,199.00+ has rate of 6% $35,100.00+ has rate of 6.9%
The State of Arkansas does not have a property tax; however, Arkansas cities and counties do collect a property tax, which is the principal source of revenue for funding local public schools.
The tax is calculated based on 20% of the fair market value of real and personal property and the average annual value of merchants' stocks and/or manufacturers' inventories based on millage rates in individual school districts. Business firms and individuals are subject to annual property tax on all real and personal property.
Little Rock: 1.40%
Little Rock operates under the City Manager form of government. The Board of Directors is composed of 11 representatives – a directly elected mayor, seven directors elected from wards, and three at-large directors.
Little Rock employs local police officers, who use cars, motorcycles, bicycles and horses to patrol the streets of the city. The department also has a crime prevention unit, community oriented police officers, and many other specialized units.
Little Rock has a Class 2 fire rating, with approximately 415 paid firefighters. The department operates 21 fire stations with 21 engine pump companies, eight ladder companies, and four aircraft fire-fighting units. The department has an urban search and rescue team, a hazardous materials team, and a bomb squad. The department also maintains staffing in administration, training, and fire prevention.
This is a city of momentum and energy with strong institutions like Fortune 500 companies, urban universities and technical colleges, hospitals, arts and civil rights organizations, and churches deeply rooted in the community and on the front lines of positive change. We love it here, and we know you will, too.
Innovation: Little Rock Technology Park, Arkansas Regional Innovation Hub, The Venture Center, VC Fintech Accelerator, Conductor, UALR-Small Business and Technology Center (ASBTDC), Innovate Arkansas
Outdoors: The Little Rock region has an abundance of parks – over 125 parks covering more than 5,000 acres just in Pulaski County, including the 1,700-acre Burns Park, one of the largest municipal parks in the nation. There are also many state and national parks within a 60-mile radius of Little Rock that provide recreation and camping facilities, including Petit Jean State Park, DeGray Lake Resort State Park, Lake Ouachita State Park, the Ouachita National Forest and Pinnacle Mountain State Park. The Arkansas River, navigable from just east of Tulsa to the Mississippi River, flows through the middle of or downtown area. The Arkansas River Trail includes a fourteen-mile bike loop surrounds the Arkansas River, running along the north and south shores and connected by the Big Dam Bridge to the west and the Clinton Pedestrian Bridge to the east. There are also pedestrian bridge crossings at the Junction Bridge and the Broadway Bridge. The River Trail also extends westward to Pinnacle Mountain State Park.
Vice_ President, Economic Development
Little Rock Regional Chmber
One Chamber Plaza
Little Rock, AR 72201
bfrance@littlerockchamber.com
5013776004
Director, Business Retention & Expansion
Little Rock Regional Chmber
One Chamber Plaza
Little Rock, AR 72201
emraz@littlerockchamber.com
5013776014
