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COPs Financing for New Capital Plaza Project Closes

The Commonwealth of Kentucky, in conjunction with a development team led by CRM Development Company of Lexington, on Feb. 22 closed a financing for a new P3 state office building project to be built on the site of the old Capital Plaza Tower on Mero Street in downtown Frankfort, Ky.

Investment in Kentucky’s transportation system vital to all

Kentucky Governor Matt Bevin recently unveiled his priorities for road and bridge projects through the release of the next statewide highway plan. This 250-page document identifies projects and project phases totaling $8.6 billion through 2024. But, because current state and federal transportation funding is woefully inadequate, only 30 percent of the identified needs have a chance of being addressed.

Kentucky Tourism Cabinet Seeks OK For at Least $125M in P3 Projects

Five of Kentucky’s state-owned tourism destinations could get at least $125 million in capital investments and improvements from private partners if the Kentucky General Assembly approves provisions in a state budget bill.

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LAX Nears Final Contract for New Airport Tramway

For those who have been to the Los Angeles Airport know it’s not an easy place to navigate. A new public-private partnerships will help alleviate transportation confusion with a new rail line designed to transport travelers to the international airport.

Pittsburgh Leading in P3 Economic Growth Opportunities

Ex-Pittsburgh Mayor Tom Murphy’s reign in office saw dramatic economic growth for the city — $4.5 billion in economic development, to be exact.

Opportunities for Medical Research Public-Private Partnerships Here to Stay

Medical research is a vast and daring industry that remains vital, but expensive, to the growing population.

NYC Invests in Financial Stability Counseling for People with Disabilities

New York City is a city known to set trends, and it’s setting a new trend through a new public-private partnerships aimed at making the city more convenient for the youth, immigrants and people with mental illness and disabilities.

Public-private partnerships have been offered as an alternative to bring private capital and fresh ideas to develop public infrastructure.

Do you believe public-private partnerships add value for taxpayers?

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