The current housing crisis in Florida is well recognized. One promising solution is the use of surplus or under-utilized government-owned land for the development of new affordable housing. By leveraging their land holdings...more
Public-Private Partnerships (P3s) are an increasingly common method of delivering public infrastructure. When structured properly, P3s allow governments to leverage private-sector expertise and resources to deliver essential...more
Earlier this month, the Biden administration agreed to provide financial support to Brightline West, which will be a privately operated high-speed inter-city rail system connecting Las Vegas and Southern California. As its...more
12/14/2023
/ Biden Administration ,
Construction Project ,
Florida ,
Infrastructure ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Public Transit ,
Railways ,
Real Estate Development ,
State and Local Government ,
Surface Transportation ,
Urban Planning & Development
P3’s are often thought of as delivery mechanisms for large infrastructure projects such as roads and bridges, but P3s are more and more frequently being utilized to deliver a wide range of social infrastructure. A recent...more
We have previously written about opportunities for public-private partnerships (P3s) for the development of social infrastructure (i.e., city halls, libraries, courthouses, and other government buildings), and also how P3s...more
One of the most significant transit projects in Florida history reached a new milestone last month when the Brightline rail system expanded its service from South Florida to Orlando. Brightline marks the first privately...more
10/24/2023
/ Construction Project ,
Florida ,
Infrastructure ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Public Transit ,
Railways ,
Real Estate Development ,
Transportation Industry ,
Urban Planning & Development
Infratech, an amalgamation of “infrastructure” and “technology,” refers generally to the development and implementation of new technologies in infrastructure. Just as refrigerators and other household appliances have...more
In our last post, we discussed how in recent years colleges and universities have been among the most successful users of the public-private partnership (“P3”) model. The uptick in higher education P3 utility projects comes...more
Historically, the federal government played the dominant role in funding large infrastructure projects across the country - in many cases funding all or nearly all of project costs. In recent decades, however, public funding...more
Estimates suggest that 1,000 people are moving to Florida each day, with most of them heading to South Florida. For developers and investors lured by the meteoric growth and favorable business conditions, it’s crucial to...more
2/7/2022
/ Construction Disputes ,
Construction Industry ,
Construction Project ,
Environmental Policies ,
Financing ,
Florida ,
Foreign Investment ,
Infrastructure ,
Investment Opportunities ,
Joint Venture ,
Miami ,
Project Finance ,
Public Private Partnerships (P3s) ,
Real Estate Development ,
Urban Planning & Development
Ask ten people in the industry to define a public-private partnership (P3), and you’ll probably get twice as many definitions. The World Bank’s PPP Knowledge Lab defines a P3 as "a long-term contract between a private party...more
Earlier this summer, Plenary Properties Merced completed construction on the well-known UC Merced 2020 campus-expansion project—a $1.2-billion, 1.2-million-square-foot social-infrastructure P3 that has been called the largest...more
Although the federal government is pouring trillions of dollars into the U.S. economy through stimulus checks and various small business lending programs, these solutions provide only short-term relief and do not provide any...more
5/31/2020
/ Climate Change ,
Community Development ,
Construction Project ,
Coronavirus/COVID-19 ,
Federal Funding ,
Infrastructure ,
Investment ,
Legislative Agendas ,
Mass Transit ,
Public Private Partnerships (P3s) ,
Public Transit ,
Real Estate Development ,
Urban Planning & Development
We previously wrote about the role that P3s can play during a recession and the (albeit limited) infrastructure funding included in the CARES Act. At the time, Congress was continuing to discuss a new, infrastructure-focused...more
During this current COVID-19 crisis, a great deal has been written on what government is not doing (or not allowing others to do). But the same attention is often not given to what government is doing. The reality is that...more
As discussed in our previous posts on emergency contracting procedures in Miami-Dade County and the State of Florida, the spread of COVID-19 has added many new goods and services to government procurement lists. Not only are...more
To be sure, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is not focused on funding infrastructure. Although infrastructure spending has been part of the stimulus discussion since its inception, the CARES Act...more
For good reason, COVID-19 is dominating the current news cycle, and we will not attempt to either summarize or contribute to the many ongoing discussions regarding the potential magnitude and duration of the economic crisis...more
As we explained in our previous installment of this series, the impact of Covid-19 continues to create an acute strain on all areas of society. The declaration of a state of emergency by the governor and all of the resulting...more
The coronavirus pandemic is taxing government services and infrastructure in numerous ways, and many of the resulting shortages are well-publicized in the media. Some of those needs are intuitive—increased hospital capacity,...more
We recently wrote an op-ed about the role that P3s can play in mitigating the effects of climate change. In that piece, we explained that an availability-risk model could be used to offload many of the risks associated with...more
2/28/2020
/ Climate Change ,
Construction Project ,
Environmental Protection Agency (EPA) ,
Infrastructure ,
Project Finance ,
Public Funds ,
Public Private Partnerships (P3s) ,
Public Projects ,
Real Estate Development ,
Sewer Systems ,
State and Local Government ,
Transportation Industry ,
Urban Planning & Development
The procurement process for a public-private partnership differs in many respects from the ordinary public-procurement process for goods and services. To be sure, P3s are often large-scale and high-profile, with sophisticated...more
This is the first in a series of posts we’ll be writing for governments thinking of utilizing the P3 model to deliver a public project. (In P3 speak, the government is referred to as the “grantor.”) In future posts, we’ll...more
1/10/2020
/ Construction Project ,
Grantors ,
Infrastructure ,
Project Delivery Methods ,
Project Finance ,
Public Funds ,
Public Private Partnerships (P3s) ,
Public Projects ,
Real Estate Development ,
Real Estate Market ,
Risk Factors ,
State and Local Government ,
Urban Planning & Development
El Departamento de Transporte de Alabama acaba de dar a conocer la comunicación estilo “Myth Busters” (Destrucción de mitos) en respuesta a críticas recientes en contra de los planes del organismo de ejecutar un proyecto de...more
Anteriormente, hemos analizado la forma en que el aprovechamiento de los conocimientos especializados y el financiamiento del sector privado a través de una P3 puede brindar muchos beneficios al público, entre ellos, la...more