Economic Impact
After the location for the project was announced, many new businesses began to develop in the surrounding area. Numerous hotels, restaurants, housing complexes, offices, retail stores were established. The revived River Market district, a dining and retail area near the library, was created as a result of its location. In addition, over $1 billion of new real estate has been invested in downtown Little Rock. The world headquarters of Heifer International is located just beyond the library.
The center has spurred an estimated $2 billion in new projects in the surrounding parts of Little Rock. Since its opening, the library has had over 1.64 million visitors. The museum had 302,583 visitors in 2009 and 273,108 visitors in 2008. There were approximately 500,000 visitors during its first year (November 2004–2005).
Read more about this topic: Clinton Presidential Center
Famous quotes containing the words economic and/or impact:
“What exacerbates the strain in the working class is the absence of money to pay for services they need, economic insecurity, poor daycare, and lack of dignity and boredom in each partner’s job. What exacerbates it in upper-middle class is the instability of paid help and the enormous demands of the career system in which both partners become willing believers. But the tug between traditional and egalitarian models of marriage runs from top to bottom of the class ladder.”
—Arlie Hochschild (20th century)
“Too many existing classrooms for young children have this overriding goal: To get the children ready for first grade. This goal is unworthy. It is hurtful. This goal has had the most distorting impact on five-year-olds. It causes kindergartens to be merely the handmaidens of first grade.... Kindergarten teachers cannot look at their own children and plan for their present needs as five-year-olds.”
—James L. Hymes, Jr. (20th century)