LITTLE ROCK, AR

CITY OF LITTLE ROCK FINANCE DEPARTMENT

Grant: $1,900,000 - Economic Development Administration - Jun. 23, 2009

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Award Description: Description The purpose of this award is to expand the existing 9th Street corridor in east Little Rock from its current terminus at Bond Street to the Dassault Falcon Jet facility on the side of the Little Rock National Airport to better provide for the planed expansion of companies in the area. Up to 1,000 jobs in aviation are expected be added in the Little Rock region over the next three to five years. In addition, Dassault Falcon Jet is expanding its completion center in Little Rock by 116,000 square feet and is also doubling the size of its service space. As a result, they have committed to the creation of 300 jobs as a result of this project alone. In addition to this organization, Little Rock National Airport, Hawker Beechraft Services, Custom Aircraft Cabinets, Central Flying Service, Areloe Designs, LLC and Avionices and Systems Group International are expecting increases in employment over the next three to five years. Constructing a new four lane street for access to the industries in the area will enhance productivity and entrepreneurship by providing adequate modes of transportation for larger, commercial vehicles and the significantly increased workforce. Deliverables/Units of Measure Design start date June 23, 2009 Expected design completion October 5, 2009 First advertisement for bids October 19, 2009 Bid opening date October 23, 2009 Complete negotiation/acquisition of Baily Property October 30, 2009 Contract award date November 17, 2009 Complete all land negotiations and acquisitions November 25, 2009 ROW Certification December 4, 2009 Notice to proceed issued December 10, 2009 Preconstruction conference December 10, 2009 Complete Environmental Remediation December 20, 2009 Construction start date December 20, 2009 Expected construction completion September 16, 2010

Project Description: Description The purpose of this award is to expand the existing 9th Street corridor in east Little Rock from its current terminus at Bond Street to the Dassault Falcon Jet facility on the side of the Little Rock National Airport. Constructing a new four lane street for access to the industries will enhance productivity and entrepreneurship by providing adequate modes of transportation for larger, commercial vehicles and the significantly increased workforce. Quarterly Activities The City of Little Rock's Public Works Department began the appraisal process on July 8, 2009. After which, the department began the process of land acquisition negotiations with owners on September 16, 2009. In addition, the Public Works Department is designing the project in house. The design phase 95% complete. Upcoming activities First advertisement for bids October 19, 2009 Bid opening date October 23, 2009 Complete negotiation/acquisition of Baily Property October 30, 2009 Contract award date November 17, 2009 Complete all land negotiations and acquisitions November 25, 2009 ROW Certification December 4, 2009 Notice to proceed issued December 10, 2009 Preconstruction conference December 10, 2009 Complete Environmental Remediation December 20, 2009 Construction start date December 20, 2009 Expected construction completion September 16, 2010

Jobs Summary: Not applicable at this time. (Total jobs reported: 0)

Project Status: Less Than 50% Completed

This award's data was last updated on Jun. 23, 2009. Help expand these official descriptions using the wiki below.


Funds Recipient

CITY OF LITTLE ROCK FINANCE DEPARTMENT
LITTLE ROCK, AR 72201
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Place of Performance

2400 East 9th Street
Little Rock, AR 72202
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