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:
“A society which is clamoring for choice, which is filled with many articulate groups, each urging its own brand of salvation, its own variety of economic philosophy, will give each new generation no peace until all have chosen or gone under, unable to bear the conditions of choice. The stress is in our civilization.”
—Margaret Mead (1901–1978)
“If the federal government had been around when the Creator was putting His hand to this state, Indiana wouldn’t be here. It’d still be waiting for an environmental impact statement.”
—Ronald Reagan (b. 1911)