Features

Madison County Tax Proposal is Bold, Necessary Step

For more than a year, P3 Kentucky has been writing about Madison County Fiscal Court’s innovative plan to develop a comprehensive Healing Center to help address the county’s growing drug epidemic and severe overcrowding in its jail due to drug abuse. It’s a real problem that is draining the county’s financial resources and having a severe impact on the community’s workforce and economic development potential.

Partnership Paves Way for Soccer Stadium Construction

Thursday was a monumental day in Louisville, as fans, investors and elected leaders from the city and state came together to celebrate the start of a $65 million stadium project for the Louisville City FC professional soccer franchise. Nearly everyone who took the podium during the event noted that the project couldn’t have happened without a bold vision from the private-sector investment group and some support from the city and state.

Kentucky Seeks P3 Adviser

The Commonwealth of Kentucky has issued a request for proposals to find an adviser for potential public-private partnership projects across all state agencies. The government is seeking qualified advisers to provide P3 consulting for all state agencies. According to the tender the P3 consulting shall include:

Commonwealth Infrastructure Fund Names Managing Director Jacob Schirmer

Veteran financier Jacob Schirmer has been named Managing Director of the Commonwealth Infrastructure Fund (CIF), a privately managed fund formed last year to support investments in public-private partnerships (P3s) in Kentucky. Schirmer will lead the investment fund’s day-to-day operations.

Kentucky Looking to P3 to Develop 133 Acres at Kentucky Expo Center

A major development with multiple hotels, restaurants, entertainment venues and retail outlets could be coming to 133 acres of land adjacent to Freedom Hall and the Kentucky Exposition Center, if the Kentucky Tourism, Arts and Heritage Council finds the partners and plans it’s seeking to guide the effort.

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