Sandy Apgar and Tony Canzoneri aim to clear up myths and misconceptions about PPPs (P3s), "the vehicle of choice to plan and execute many development projects that neither private nor public sector participants could perform on their own."
Apgar and Canzoneri are bullish on public-private partnerships: "We acknowledge our bias to favor PPPs, which is built on three personal
beliefs: that business is the main engine for growth and wealth creation
in a market economy; that government has an essential role in ensuring
legitimacy, individual opportunity, and fairness; and that the
partnerships are potent vehicles for bringing the best of both sectors
-public and private-to bear on the most challenging problems."
In their "P3 Manifesto" Apgar and Canzoneri describe what Public-Private Partnerships are (and aren't) and when they are useful. The authors also describe the five features of successful PPPs:
- Clear definitions and roles
- Robust, mutually beneficial business relationships
- Holistic, flexible planning and financing for the project's full life cycle
- An integrated internal and external communication plan
- A pervasive spirit of stewardship in partnership actions
FULL STORY: A “P3” Manifesto
Four TEXpress Lanes Open on I-35 West in Fort Worth Ahead of Schedule
Four miles of the 10-mile North Tarrant Express project opened to motorists on April 5. The $1.6 billion project, built by a public-private partnership working with TxDOT, includes rebuilding general purpose and frontage road lanes.
Construction of I–66 Toll Lanes Outside the Capital Beltway Begins this Weekend
Widening of Interstate 66 for 22.5 miles in Northern Virginia will accommodate two toll lanes in each direction, accessible to trucks. The $3.7 billion project, to be built by public-private partnership at no cost to the state, will open in 2022.
Public-Private Partnerships: Cost-Effective or Cash Cow?
Public-private partnerships between local governments and private contractors have the Trump Administration's favor. But in a "P3 market in its infancy," can they cut costs or simply line pockets?
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
Town of Zionsville
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