Tim Logan dives deep on Mayor Rahm Emanuel's bold plan to help fund Chicago's infrastructure improvements with private capital. American cities need new ways to pay for projects, but can a city with a history of making bad deals provide the road map?
"Governments across Europe, Canada and Australia have long turned to the private sector to help finance public assets, and even in the U.S., more places are dabbling in it," writes Logan. "But it’s still rare for cities to take the lead. And no place, at least in this country, has tried what Chicago is launching this year: A non-profit agency devoted to tapping private capital through structured financing while retaining public ownership, both for big-ticket items but also for workaday municipal infrastructure."
"A lot of people are watching what’s going on in Chicago, and if the 'City That Works' can make this work, it could hold the key to an evolution in public-private partnerships — and the way our cities get built."
FULL STORY: Rahm Emanuel Has an Idea
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
Planning for Accessibility: Proximity is More Important than Mobility
Accessibility-based planning minimizes the distance that people must travel to reach desired services and activities. Measured this way, increased density can provide more total benefits than increased speeds.
World's Largest Wildlife Overpass In the Works in Los Angeles County
Caltrans will soon close half of the 101 Freeway in order to continue construction of the Wallis Annenberg Wildlife Crossing near Agoura Hills in Los Angeles County.
Alaska Village Becomes Test Case for Climate Change Relocation
The Yup’ik village of Newtok is the first Alaska community to begin a full-scale relocation necessitated by the impacts of climate change. Another 31 Alaska communities remain vulnerable.
Amtrak Takes Lead on Texas Central Rail
The high-speed rail project isn’t a done deal, but if it moves forward, trains could begin operating in 2030.
Maine Approves Rent Relief Program
Legislators hope the assistance program will help struggling low-income households avoid eviction.
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
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.