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Economic Profile

Springdale...An Economic Success

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At the heart of one of the nation's Top 30 best performing regions (2009 Milken Institute Report) is a city whose reputation is built on business and a strong economy. Springdale boasts Northwest Arkansas ' most diversified economy and the unofficial title as the area's most "business friendly" city.

This city of nearly 68,000 provides Northwest Arkansas with a hard-working and well-paid workforce. With projections showing Springdale's population to be more than 90,000 by 2019, it's clear this fast-growing city will be a major player in the region's economy for years to come.

Springdale is known for its poultry industry but the city's business community offers so much more. As the region has grown, so has the city. More than 75 manufacturing plants are located here, producing a wide variety of products. Knowledge-based industry is also something Springdale is rapidly becoming known for -- the state's only nanomanufacturing facility is here (NanoMech/Duralor).

Trucking has been an important ingredient in the area's booming economy for many years. Northwest Arkansas' abundance of trucking firms is responsible for the state leading the nation in that category.

Retail is a strong and growing component of the city's economy as well. The Ozark Center Point Place, one of the largest retail centers in the region, draws nearly two million visitors a year to its shops near Interstate 540 on the city's western edge. The new Shoppes at Har-Ber Lakes and the Legacy Center shopping centers have jump-started expected growth in the vicinity of Springdale's Minor League Baseball stadium, Arvest Ballpark (voted Best New Ballpark in the country in 2008), home of the Texas League's Northwest Arkansas Naturals.

Conventions and tourism are major players in the city's economy. The Northwest Arkansas Convention Center is the region's premiere convention and meeting facility. Groups have access to 49,000 square feet of meeting space with the ability to accommodate as many as 3,000 conventioneers.

Infrastructure has played a vital role in Springdale's economic health. Located at the intersection of the region's two most heavily traveled highways - I-540 and U.S. 412 - the city has benefited at every turn from advances and improvements to the area's infrastructure. Three major east-west corridors - at a cost of $105 million - have transformed the city's road infrastructure. The vision of city planners to access and manage water from nearby Beaver Lake has also been a critical component in Springdale's growth. An abundance of quality water has kept the city at the forefront of economic growth in the region.

The Northwest Arkansas Regional Airport in nearby Highfill is a perfect example of economic success for the area. The airport provides daily non-stop regional jet service by six airlines to Dallas, Chicago, Atlanta, New York, Newark, Cincinnati, Minneapolis/St. Paul, St. Louis, Houston, Denver, Detroit, Charlotte and Memphis with twice-weekly jet flights to Los Angeles, Las Vegas and Orlando. The airport has been a catalyst for increased commercial air travel for business and leisure.

Springdale has and continues to be seen as business friendly. Visionary entrepreneurs, a blue collar approach to business, abundant natural resources and a geographic location in the heart of the region combined with a thoughtful and sensible city government help make Springdale the region's economic pacesetter.


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