The City of Little Rock is undergoing an amazing transformation. Vacant warehouses have been converted into condominiums. The River Market area is now filled with small retailers. New office buildings are filling vacant lots. Preparations for the William Jefferson Clinton Presidential Library are underway. With all of this new economic activity, the City of Little Rock realized a potential hindrance to the development - a lack of parking. CEG was contracted to conduct a thorough review of Little Rock's parking assets.

The result of CEG's analysis was A Comprehensive Downtown Parking Study For The City of Little Rock, Arkansas. The report, issued in July of this year, included a survey of existing parking facilities (on-street and off-street), input obtained from over 40 meetings with downtown stakeholders, a review of the current parking organization, a study of the effectiveness of parking enforcement, and the financial capabilities of the City's parking system. With the data collected and analyzed, a clear picture of Little Rock's parking situation became visible. Little Rock needed at least 900 parking spaces now and more in the future.

CEG's report recommended a Parking Improvement Plan (PIP) for Little Rock. The plan included an outline for an entire new parking organization, sites for new garages, cost estimates, financing options, and enforcement enhancements. The release of the PIP included two presentations to the City's Board of Directors. With support of the Board, the City of Little Rock is now implementing the PIP.

CEG continues to assist Little Rock with preliminary financial feasibility reports for two new garages and integrating a streetcar system into the Parking Improvement Plan.