During a panel discussion recently, leaders in Madison, Wisc., said that public-private partnerships have improved the city’s parks. Madison has used P3s since the 1970s, most recently for a baseball stadium, a sports field, community gardens and a boathouse. A beer garden operated by a P3 is expected to open this summer.
The five-acre Klyde Warren Park connects two neighborhoods formerly divided by a highway. It boasts a playground, eateries and performance space. Today, Dallas is reaping the benefits from the arrangement, with the value of real estate around the park soaring and the city seeing tax revenue from increased development.
State and local officials expect a P3 development in Marlborough, Mass., to create 1,600 jobs when it opens in October.
America’s aging water infrastructure needs $1 trillion in investment, creating a pipeline for public-private partnerships says a report from Moody’s Investors Service.
Thanks to a public-private partnership, Ohio State University’s endowment will receive $1 billion. The board of trustees recently approved a deal with French company Engie and Axium Infrastructure Inc. of Montreal to manage its energy and electricity systems for 50 years.
Salt Lake County is teaming up with a nonprofit organization and private donors to help men who are repeatedly arrested get their lives back on track.
Thanks to a Google grant, America Makes, the National Additive Manufacturing Innovation Institute will partner with 3D Veterans to expand a boot camp that trains U.S. military veterans in advanced manufacturing.
One group of legislators and political consultants think they have the answer to repair and maintain America’s aging public school buildings, which would require $145 billion a year by one estimate.
The Kentucky Department of State Parks is exploring a possible public-private partnership to develop a new campground at Kentucky Dam Village State Resort Park, 21 miles southeast of Paducah in western Kentucky.
The Work Ready Skills Initiative Advisory Committee has selected recipients for its second round of funding. Approximately $33.1 million in bond money was dispersed to more than a dozen projects aimed at developing a highly trained workforce to meet the needs of employers and to promote sustainable incomes for Kentuckians.