2. PCBF FAST FACTS
• Partnership of three local governments :
Pulaski County and the Cities of Little Rock and North Little Rock
• Five member Revolving Loan Fund Committee
•Brownfield Pilot Grant in 2000
• Revolving Loan Fund Grant 2005 for $3,000,000
•Assessment Grants – Hazardous and Petroleum in 2011 for $200,000 each
•$81,000,000 in Projects Leveraged by the End 2012
6. SMARTHOUSE WAY
•RLF Loan of $785,000 in 2008
•Second largest loan in Region 6
•5.8 Acre Tract on Desirable Riverfront
•10 Months for Complete Turnkey Cleanup
•Leveraged $3.8 Million
(Re) Establishing Relationships
8. Strategic Planning
Targeting Areas
Will the project benefit the culture?
Does the project promote the goals?
Creating a Sustainable RLF Board
Key people who believe in the program
Membership deliverables
Targeted Area
RLF Board
9. K LOFTS BUILDING
•RLF Loan of $275,000 in 2011
•Planned with EPA’s Greening America’s Capitals
•Empty for 25 Years, Scheduled for Demo
•Mixed-use, LEED construction, 30 Units
•First LEED Certified Jazz Club in the Country
•Leveraged 44 jobs in Empowerment Zone
•Leveraged $3.1 Million
Strategic Planning
11. Connecting the Dots
Finding a Balance That Works
Leveraging the Micro with Macro
Viewing a Project from the Inside Out
Innovative Partnerships
Ask What the Culture Wants?
Seek Out-of-the-Box Leveraging
Draw the Big Picture and
Connect the Dots
Grassroots
Area wide
12. 500 Main Street
•RLF Loan of $916,000 in Negotiations
•Three Historic Buildings
•250,000 s.f. of Commercial & Residential Space
•Hotel, Office Space, & 170 Apartments
•Leverage Partnership with Ark. Symphony, Ballet
& Ark. Repertory Theater to create Art District
•Leveraging $21 Million in redevelopment
Connecting the Dots
13. Our House
•First Program Sub-grantee
•Partnership with PCBF since 2002
•State’s Only Licensed Childcare
for Homeless, 90 Children Daily
•Sub-grant for New Childcare Center
•EPA Job Training Grantee
•First New Development in Area in 15 Years
Connecting the Dots
14. Leveraging a River to Build a Program
Josh Fout, Program Administrator
201 S. Broadway, Suite 220, Little Rock, AR 72201
P: 501-340-3594 F: 501-340-8951 E: jfout@co.pulaski.ar.us
www.pulaskicountybrownfields.com
facebook.com/pucobrownfields
Images courtesy of the EPA, Downtown Partnership, Arkansas Highway Department, Ensafe, and City of Little Rock