Thriving and Declining Communities Arkansas is home to 500 unique municipalities that make Arkansas a desirable place to live. Many cities are thriving in tough economic times while others are deteriorating. Successful community development requires strong support, and the presence and establishment of Central Business Improvement Districts (CBID) are proven to have a positive impact on development. Two cities in Arkansas, Fort Smith and West Memphis. A CBID is defined as “self-help ventures organized by property owners and local governments to identify and develop defined areas of cities where a more successful and profitable business climate is needed” (Williams 21). These districts were born of a need to attract businesses to downtown...The end:
.....stated] [Month not stated] 2011. 30 April 2011 <www.broadwaywestmemphis.com>. National Main Street Centre. About Main Street. [Day not stated] [Month not stated] [Year not stated]. 30 April 2011 <http://www.preservationnation.org/main-street/about-main-street/>. Ofori-Amoah, Benjamin. Location Dynamics of Economic Activities in American's Small Cities: The Experience of Five Wisconsin Cities. [City not stated]: University Press Of America, 2006. The City Wire. The City Wire. [Day not stated] [Month not stated] [Year not stated]. 30 April 2001 <http://www.thecitywire.com/index.php?q=node/397>. Williams, Richard. "Strike it Niche!: Business Improvement Districts." Journal of Property Management, Vol. 61, Issue 3 (1996): 21+.