Downtown Economic Development & Redevelopment Plan
2015 Downtown Economic Development & Redevelopment Plan
The formation of the Downtown Economic Development and Redevelopment Action Plan started in April when national economic development consulting firm Thomas P. Miller and Associates began meeting with community leaders and stakeholders utilizing a methodology of gathering the collective knowledge of the valley.
The Hot Springs community united together to provide the vision for the Downtown Economic Development and Redevelopment Action Plan, communicating ideas from hundreds of stakeholders over the last several months.
In total, TPMA gathered information from 450 community stakeholders during numerous community engagement sessions to reshape the future of downtown Hot Springs. The passion of the participants – including residents, downtown business owners, retirees, neighborhood association members and city tourists – for the success of Hot Springs culminated in several goals that will allow Hot Springs to capitalize on its many attributes to reach its potential as a destination city with a thriving economy and high quality of life.