New in 2016, Outlook Conway is a half-day economic forum that provides an in-depth look at the Conway-area economy. During the inaugural event, expert panelists focused on commercial real estate, public projects, higher education, and economic development.
34. U.S. Highway 64
Under Construction
2 Project
10 Miles
$29 Million
Scheduled
1 Project
3 Miles
$10 Million
Completed
6 Projects
18 Miles
$52 Million
39. Project Cost
Central Landing Preliminary Engineering & Environmental $546,500
6th Street I-40 Overpass & Amity Road Intersection $14,361,367
Bruce / 6th Street $3,525,000
Central Landing Boulevard / Oak Street $7,715,000
South Interchange Structures & Grading $2,326,000
South Interchange Base & Paving $2,500,000
Dave Ward Drive / Amity Road $2,000,000
Total Cost Major Street Projects $32,973,867
Major Street Projects
40. Northwest Let to Contract Scheduled Total
Projects 22 8 29
Total Cost $208,180,434 $214,276,150 $422,456,583
Local
Contribution
$90,104,455 $65,328,212 $155,432,667
Contribution % 37%
Central
Let to Contract Scheduled Total
Projects 14 2 16
Total Cost $157,811,743 $27,224,000 $185,035,743
Local
Contribution
$45,268,054 $11,500,00 $56,768,054
Contribution % 31%
Other
Let to Contract Scheduled Total
Projects 12 3 15
Total Cost $100,449,334 $64,815,119 $165,264,453
Local
Contribution
$21,459,432 $12,839,184 $34,298,616
Contribution % 21%
AHTD Partnering Program
42. Western Arterial Loop – Southern Interchange
• Partnering Project with
City of Conway
• New Interchange &
New Connection to Hwy. 365
• $17.8 Million
48. Two ideas for today
We have a prevailing trade area. It will
vary to some degree business by
business.
The composition of households within
that trade area is unique and
determines the success of area
businesses.
49.
50.
51.
52.
53.
54. Acxiom Personicx
Clusters
70 clusters
1 = most affluent (“Summit Estates”)
70 = least affluent (“Favorably Frugal”)
- Age
- Marital Status
- Home Ownership
- Presence of Children
- Household Income
- Net Worth
- Urbanicity
68. Personicx Total Local Percentage National Percentage Local Gap Effective Pop
07 - Active Lifestyles 647 7.13% 2.52% 283% 49,068
13 - Work & Play 560 6.17% 3.60% 171% 29,729
17 - Firmly Established 489 5.39% 3.49% 154% 26,778
05 - Active & Involved 467 5.15% 2.69% 191% 33,179
04 - Top Professionals 434 4.78% 2.34% 204% 35,446
24 - Career Building 379 4.18% 2.17% 193% 33,379
26 - Getting Established 371 4.09% 1.86% 220% 38,120
06 - Casual Comfort 337 3.72% 1.49% 249% 43,225
36 - Persistent &
Productive
309
3.41% 3.44% 99% 17,167
Maumelle
Population 18K
Maumelle (18K) Conway (64K)
04 “Top Professionals” 434 499
05 “Active & Involved” 467 942
07 “Active Lifestyles” 647 1385
69. Takeaways
We have a prevailing trade area. It will vary to some
degree business by business.
- What is your trade area?
The composition of households within that trade area
is unique and determines the success of area
businesses.
- What cluster is crucial to your success?
- How many real prospects do I have?
- WHO ARE THEY? WHERE ARE THEY?
74. The completion of 10 major construction projects in
10 years
to accommodate an enrollment of 2020 students
75.
76.
77. PACE Degree Programs
Associate of Arts
General Education
Associate of Science
Military Technologies
Bachelor of Science
Human Resource Management
Leadership
Leadership & Ministry
General Studies
Management Information Systems
Organizational Management
Psychology
Bachelor of Business
Administration
Accelerated Format
One night per week
5 week blocks
Degrees Offered
Online:
General Education (AA)
Business Administration (BBA)
Leadership & Ministry
78.
79.
80. Makes internships more
accessible
Tech employees on
campus working
alongside students
On-Campus Internships