Maryland – The state’s Board of Public Works (BPW) voted to advance the Traffic Relief Plan, a $9 billion plan to address the nation’s second-worst traffic congestion and improve the quality of life for commuters in the region. Also included in the...
State and federal governments are providing significant funding for collaborative land deals that boost economic development. While some of this activity has occurred in the past, it was definitely not on the scale that is now evident. And, most of the current funding...
Louisiana – State officials plan to replace the nearly 70-year-old Calcasieu River Bridge in Lake Charles, and hope to move the project forward this year. The bridge is almost 20 years past its intended life span, and is considered functionally obsolete and...
Virginia – A public-private partnership (P3) between the Children’s Science Center and the Science Museum of Virginia, the Commonwealth of Virginia, Loudoun County, and private philanthropy is helping to launch a $75 million campaign to build a world-class...
California – Officials at the Los Angeles County Metropolitan Transportation Authority (LA Metro) are seeking a public-private partnership (P3) with up to two private contractors on pre-development work on the $9.5 billion Sepulveda Transit Corridor Project. LA...
Public-private partnerships (P3s) are being launched somewhere in the U.S. every day. Public officials with critical project needs are seeking alternative funding sources, and almost any version of a P3 is attractive to them. Since the trend appears to be the future,...
