Background: Interstate development is a key to economic development. The counties within the State of Arkansas showing population increases, income growth, and general prosperity, by and large are located on Interstates. By most measures of economic well- being, counties located south of Interstate 30 and 40 are falling well behind the counties located north of Interstate 30 and 40. Goal: To support the development and funding of the selected corridor for Interstate 69.
Objective: To increase economic development opportunities of the Cornerstone region by gaining access to the Interstate Highway System. Scope: Regional Target: Federal Delegation
Interstate 69 Connector
Background: An interstate highway connection between Little Rock, Arkansas and Monroe, Louisiana is necessary to fully take advantage of Interstate 69. A feasibility study completed in the fall of 2008 demonstrated a positive 2.6:1 cost benefit ratio of building the connection between Wilmar, Arkansas and Monroe, Louisiana. Goal: To continue to support and fund efforts to build the Interstate 69 Connector. Objective: To increase the economic development opportunities of the Cornerstone region by gaining access to the Interstate Highway System. Scope: Regional
Great River Bridge
Background: The Great River Bridge is critical to bringing Interstate 69 into Arkansas from Mississippi. The Great River Bridge will cost in excess of $700 Million, and must have a well establish business plan to pay for its construction. The Cornerstone Coalition supports the development of such a plan and the funding and construction of the Great River Bridge as soon as possible at its current alignment. Goal: To see the construction and completion of the Great River Bridge at Arkansas City. Objective: To bring Interstate 69 into Arkansas near Arkansas City, Arkansas via the Great River Bridge. Scope: Regional Target: Federal Delegation
Highway Trust Fund
Background: It is critical that the United States Highway Trust Fund remain solvent. The Highway Trust Fund must remain financially sound for the United States to remain competitive in today’s global economy. Goal: To encourage our Federal Legislators to take measures to ensure the Highway Trust Fund remains solvent. Objective: Without a sound Highway Trust Fund, Interstate 69, the Great River Bridge and the Interstate 69 Connector are not likely to be built. Scope: Regional Target: Federal Delegation
Rail Service to Yellow Bend Port
Background: The Port at Yellow Bend is the first Arkansas Port on the Mississippi River going north from New Orleans. Yellow Bend could become a “Port of Significance” to many companies importing goods into the United States through the Port of New Orleans if were equipped with a rail connection to a Class I rail line. Significant investment and employment would result from the increase in transportation options a rail connection would provide. Goal: To connect the Yellow Bend Port with rail service to a class I rail line. Objective: To bring additional transportation options into Southeast Arkansas thereby increasing investments and job opportunities in the region. Scope: Regional Target: Federal Delegation
Southeast Arkansas Regional Intermodal Authority
Background: The Southeast Arkansas Regional Intermodal Authority will be a unique operation in Southeast Arkansas and will enhance and add value to the Yellow Bend Port when rail service is established at the port. The intermodal facility is being developed at the convergence of Interstate 69, Interstate 69 Connector, the Arkansas Midland Rail Road, Gas Transmission Lines and other infrastructure valued by industry. Goal: To continue support and funding for the Southeast Arkansas Regional Intermodal Authority. Objective: To build a unique facility for large industrial/warehousing companies to invest in new facilities providing jobs in the Cornerstone region. Scope: Regional Target: Federal Delegation
General Port Infrastructure
Background: In 2001 the Arkansas State Legislature passed the Port Priority Improvement Act of 2001 to provide for grant funds for infrastructure improvements at Arkansas Ports. The Arkansas Economic Development Commission promotes Arkansas as a place where no city is more than a few miles from a navigable waterway. Goal: To fund Act 1546 of 2001, “The Port Priority Improvement Act,” with $5 million, to provide grant funds for Arkansas ports for infrastructure. Objective: To make available grant funds for Infrastructure for Arkansas Ports and help spur economic development by equipping Arkansas ports making them competitive as industrial sites. Scope: Statewide