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Traffic congestion, walkable communities and access to affordable housing are among the hottest issues people are paying attention to when deciding where to live and where not to live, and the way cities are tackling these...more
The U.S. Department of Transportation announced $3.33 billion in grants for 132 projects to reconnect communities previously cut off by transportation infrastructure, addressing historic disparities. These initiatives, part...more
Florida is a state that has embraced Public-Private Partnerships (P3s) as a delivery model and, as such, has developed a statutory framework for not only enabling but facilitating P3s....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
The world of transportation has seen significant advancements in recent years, and one such innovation is the micro-transit system. This article will provide a comprehensive overview of what a micro-transit system is, how it...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
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
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
Fort Lauderdale has reached financial close this year on a new P3 project that is slated to bring a new water treatment plant online by 2026. An article published on Partnerships Bulletin highlighted the “can-do” approach by...more
In periods characterized by economic uncertainty or instability, it isn’t uncommon for public projects to quickly lose or divert essential funding for development or improvements in infrastructure. Many times, public works...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
Rishi Sunak’s Autumn Budget has confirmed the new residential property developer tax will be charged at 4% on residential developer profits over £25m from April 2022. The details follow the recent consultations on draft...more
The president of the Republic of Kazakhstan signed Law No. 399-VI, On Amendments into Certain Labour-Related Legislative Acts of the Republic of Kazakhstan (the Amendment Law), on January 2, 2021. ...more
At the keynote session of Bilzin Sumberg’s South Florida Redevelopment Conference, newly elected Miami-Dade Mayor, Daniella Levine Cava, shared her vision for the County in the coming years. ...more
At this year’s South Florida Redevelopment Conference, Bilzin Sumberg hosted a number of industry leaders to discuss all things South Florida real estate and development. Bilzin Sumberg Partner Eric Singer spoke with Guy...more
Members of Congress are already seizing on the moment of rebuilding to re-enter a bipartisan bill to stimulate infrastructure development through public-private partnerships. ...more
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
We have previously written about how public-private partnerships ("P3s") are on the rise in the United States. While we have noted that the P3 delivery model is utilized for a variety of government assets and services,...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
For those interested in availability payment (AP) or service payment structures for public-private partnerships (P3s), June 15, 2020, was an important day despite lack of fanfare....more
Recently, in our P3 Focus Blog, we pointed out that now is the perfect time for a federal infrastructure bill. Such a bill would jump-start the economy, begin to close the infrastructure gap that currently exists, and do it...more
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
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
This installment of our National P3 Update focuses on transportation. While the transportation sector has dominated the U.S. P3 market over the last decade, the sector has experienced stagnation since the financial close of...more