I joke and make fun of Little Rock a lot; in fact recently I was accused by @Tsudo as being the meanest person he knows toward the city. But let’s be honest with ourselves, Little Rock is fairly easy to mock. If you have never been to River Fest and had a laugh at some of the people then chances are you are someone other people are laughing at.
That is the Little Rock of yesterday and today though. I sometimes hope by calling the people and the city out that we can work together to change these perceptions. I feel this change is inevitable, and once it happens I think we can move forward to the Little Rock that I see of tomorrow.
Over the past week or two I’ve had a handful of discussions with reasonably intelligent people about the direction the city is and needs to be heading. While there are a few who disagree and think we will remain a sub-par city from now until Jesus comes back and saves all the southern Baptist while the rest of us burn, I think the future is much more bright for our little city.
I think we have the potential to become a very high tech city/metro area. I think this will lead to a large and unprecedented amount of growth. I think we will see growth numbers like that of Austin over the past 20 years and find ourselves by 2030 double the population of the 2010 census. In fact I think Little Rock will look a whole lot like Austin only smaller (Austin will easily break 1 million in population by that time). How does this happen? By a unique merging of 3 critical industries: nano technology, wind technology, and internet/computer related technology.
Currently I work in the world of economic development and I am fortunate enough to see a few years into the future at what is coming for the region. Nano technology is fairly new, but has huge potentials for manufacturing. We have had a few nano related startups come into the state, however with the success of UAMS Bio-ventures and the new UALR nano-center, we could be the hotspot of nano technology in the region. I think over the next couple of years we will see a handful of very high tech manufacturing firms locate to the Little Rock area to tap into these resources.
Wind Power is also making huge strides in Arkansas. In Little Rock we have LM Windpower, Nordex in Jonesboro, and coming soon a Mitsubishi turbine plant in Ft. Smith. Arkansas possesses very little wind power potential of its own, however we serve as an ideal spot for serving areas that do such as West Texas, Oklahoma, Kansas, Iowa, and others in the Midwest. Little Rock sits at the intersection of all of this. Thanks to our intersection of i-40 and 30 we have excellent road transportation to the regions. On top of that we have ease of access to the East coast for shipments from France and Germany (Corporate HQs), access to Mississippi River shipping, and an airport that is finally committed to expanding to meet business needs. From these 3 power players in wind power a number of small high tech companies will spring up, likely in Little Rock, to support them.
Finally the area that I think has the biggest potential of all, internet and computer technology. HP coming to town is no small deal I assure you. Combine that with discontent in Acxiom and misplaced workers from Alltel and you have a tech talent base looking for something to do that rivals just about any place in the country. It is a lot of the reason why I want to start the co-working location in Little Rock. I want to provide the resources to keep these people in town and watch them develop something transformational. Outside of those 3 we have a very good core tech community, we have a core social/emerging media community that I would put against any other, and we have a little neighbor to our south west that I think will be the glue that holds it all together.
I predict with the rapid success of Austin’s internet tech community that there will soon be high level tech people look to spin off of larger companies with their own ideas, similar to what happened in Silicon Valley. I think a number of these will want to get out of Austin which is experiencing a higher cost of business do to the rapid expansion. Little Rock features far better office space rent, electricity cost, and internet speed/cost than most other cities between here and there. Mix that with the talent base described above and it could be a perfect scenario.
Many people I’ve shared this with have mentioned the lack of education to support this type of industry. I think UALR has shown commitment to provide what the community needs. Unfortunately it is not likely that anything will change in education to encourage this change, but I think education will quickly change as a reaction. Universities are encouraged by donations to provide programs to support and enhance existing industry. Local groups like Acxiom provide both monetary resources and support to keep schools teaching outdated programming languages which ensures a company like Acxiom has a talent pool to feed from. This will change if the environment changes.
So all this (and I know it is long) to say that I think Little Rock has a good future. I think changing the perception is our first and easiest challenge to move forward to a better city. Please drop your thoughts about where you see our future as well in the comments. I will try to make this a regular topic and I would appreciate you helping shape the conversation.















