Transbay Tower Groundbreaking
Former Congressman Steve Bartlett Joins the LEVICK Team
The Victorian State Government announced on 2 May 2013, significant reforms to its Public Private Partnership (PPP) policy to support infrastructure growth in Victoria (Policy). The Policy is aimed at encouraging private...more
The Federal Government is one of the largest real estate players in the United States, owning or leasing a huge portfolio of office buildings and other real estate assets across the country. The Public Building Service...more
In the wake of the recent recession, a number of states, including Florida, are exploring new and innovative solutions to the problem of insufficient funding for the construction and improvement of public facilities. At the...more
“The $2.6 billion deal to lease San Juan’s Luis Muñoz Marín International Airport to a private consortium is being watched by bankers and industry officials keen to import a business model that is widely used in Europe and...more
We recently wrote about the Florida House and Senate bills regarding public-private partnerships that are currently under consideration. As a brief update, House Bill 85 was approved on Tuesday by the House Appropriations...more
This week, the Obama administration released its proposed budget for the 2014 fiscal year. Notably, the budget encourages private investment in infrastructure projects through various liberalizations of the tax laws relating...more
This week the Maryland Transit Administration (“MTA”) issued a Request for Information (“RFI”) requesting private sector involvement to collect best practices for delivery and financing of the planned Maryland National...more
Legislation encouraging the use of public-private partnerships (P3s) to address Maryland’s growing infrastructure needs has been passed by the General Assembly and signed into law by Governor O’Malley with bipartisan...more
Last Friday, President Obama visited Miami and, speaking at the Port of Miami, detailed his proposals for increased public-infrastructure spending through public-private partnerships. Although the President envisions...more
The global recession was unkind to communities across the United States and around the world. Facing diminished tax bases, frozen capital markets and a reduction in federal and state funding, many local governments shelved...more
President Obama recently announced the Rebuild America Partnership plan (RAPP), a bipartisan effort focused on rebuilding the nation’s aging infrastructure and driving economic growth. Through RAPP, the President proposes to...more
As the 2013 award season heats up for 2012 successes around the world, the juries are increasingly finding the US market hard to ignore. Infrastructure Journal and PPP Bulletin International, the two London-based media...more
With the establishment of the 1982 Enterprise Zone Program, Florida became one of the first states in the country to enact an economic revitalization program offering investment assistance, tax advantages and regulatory...more
Originally Published in South Florida Business Journal, March 29, 2013.
Albert E. Dotson Jr. is a partner with Bilzin Sumberg Baena Price & Axelrod and leads the law firm’s government relations and land development...more
Almost a year to the day from when the procurement began, the East End Crossing P3 project has achieved financial close. Raising nearly $1 billion of public and private debt and equity funding, WVB East End Partners, made up...more
On March 27, 2013, Hines and Boston Properties closed on the $192M acquisition of a 50k SF land parcel at 101 First St., San Francisco, from Transbay Joint Powers Authority. Coming soon: the 60-story, 1.4M SF Transbay Transit...more
This newsletter provides an update on the status of public-private partnerships in the Commonwealth of Massachusetts....more
Public-Private Partnerships, also known as P3, are evident in Florida. A P3 is a contractual relationship between a public agency and private entity that agree to share risk and rewards of a project. Historically, these...more
Pennsylvania recently joined the ranks of more than 30 other states when Gov. Tom Corbett signed legislation permitting public-private partnerships (P3s) for transportation projects. 74 Pa. C.S. §§ 9101-9124. The Public and...more
Originally Published in Law360 on March 13, 2013.
Q: What is the most challenging case you have worked on and what made it challenging?
A: One of the most challenging matters in which I am involved is the Miami...more
On March 7, Project Finance Magazine held its annual “Project Finance Americas Deals of the Year” awards dinner in New York City. The awards – which started 14 years ago – are for innovation, deal repeatability, best...more
In his State of the State address, Gov. Cuomo announced the formation of a green bank in New York. The green bank will be a $1 billion initiative used to promote financing for clean energy projects. Promoting clean energy...more
In prior posts, we have explained that the proliferation of public – private partnerships in recent years has been due, in part, to the financial stresses placed on local governments during that same period of time. The...more
The results of the audit report into Victorian schools announced on 20 February 2013 revealed a AUD420 million maintenance backlog with over 5,000 school buildings identified as falling below the standards set by Department...more
Bryan Kendro, director of the Office of Policy and Public Private Partnerships for the Pennsylvania Department of Transportation (PennDOT), told InfraAmericas that repair of many of the state’s bridges could be structured as...more
JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...
Learn More or Schedule a demo