Connect 202 Partners, a public-private partnership, is deliver the Loop 202 South Mountain Freeway three years ahead of schedule. The project, which is the state’s first highway P3, is scheduled for completion in 2019.
Austin Community College in Texas is partnering with RedLeaf Properties and Greystar Real Estate Partners to add shops and apartments to the former Highland Mall complex.
Burke County in western North Carolina was recently recognized for its work on local hiking and biking trails using a public-private partnership.
A Massachusetts city has found a way to turn a former landfill into a revenue generator and source of clean energy for the community.
With help from the bank begun with assistance from the federal government, Detroit pulled itself up by its bootstraps during the Great Depression.
After Burns & McDonnell proposed a privately funded single terminal to replace the Kansas City Airport, other firms are scrambling to decide whether they want to offer competing proposals by June 20.
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.