News

Pennsylvania State P3 Board approves innovative bridge plan

The Pennsylvania Public-Private Partnership (P3) Board recently approved a bridge bundling Adjusted Bid, Design-Build proposal to reconstruct 15 bridges along two interstates in Luzerne County.

P3 formed to redevelop Champaign, IL neighborhood

After years of waiting and negotiating, redevelopment of north Champaign’s Bristol Place is on the horizon, with tenants scheduled to be accepted to the affordable-housing neighborhood in the first part of 2020.

PGA of America relocating headquarters to Texas as part of innovative P3

The PGA of America is moving its headquarters from Palm Beach County, Florida to Frisco, Texas. The new headquarters will anchor a 600-acre, mixed-use development with an initial investment worth more than half a billion dollars.

$65 Million Louisville Soccer Stadium Made Possible Through Public-Private Partnership

A joint venture between Louisville FC Ownership group, the city of Louisville and the state of Kentucky secured financing and moved the project forward.

When it comes to public private partnerships, allocation of risk is critical

Kevin Keller, with Kansas City-based HDR Engineering, says his company looks at all different perspectives and meets with all partners involved with a public private partnership, also known as a P3, to understand what they need as a return on investment to be involved.

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