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Category Archives: Public-Private Partnerships

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Infrastructure Investment Through P3s

Last month, a roundtable policy discussion on ways the financial community can invest in infrastructure using public-private partnerships (also known as P3s or PPPs) took place in New York City. The panel, chaired by U.S. Rep. John J. Duncan, highlighted the current need across the U.S. to re-invest in infrastructure, including highways, water infrastructure, airports and… Continue Reading

City of Miami Adopts Public-Private Partnership Ordinance

The City of Miami has recently adopted a public-private partnership (“P3″) ordinance. The new City ordinance, combined with the recently passed Florida state P3 legislation, and Miami-Dade County P3 resolution, continue to endorse the usage of public-private partnership as a procurement method for public projects in South Florida. Such timely legislative activity facilitate the financing of… Continue Reading

P3s are a Viable Tool for Convention Center Development

South Florida has long been a leading destination for conventions and trade shows, and the convention market is extremely competitive.  As other cities have expanded and modernized their convention centers, ours have remained stagnant. It has been noted that the South Florida region no longer effectively competes for the events that bring the highest economic… Continue Reading

Miami-Dade Keeping up with National P3 Trends

As discussed in our last post about national and local developments in public-private partnership (P3) legislation, Florida is keeping up with the P3 trend and Miami-Dade County is not far behind. Miami-Dade’s Citizens Independent Transportation Trust (CITT) has expressed support for exploring P3s as an option for providing much needed transportation solutions to the County…. Continue Reading

P3 Legislation a Hot Topic at the Florida Logistics & Trade Conference

Public-private partnerships (P3s) received significant attention at the 2014 Florida Logistics and Trade Conference.  The overall consensus of the conference’s P3 Panel, which was moderated by Albert Dotson, is that the state of Florida has cultivated a positive climate for P3s to thrive. Florida is prime for new infrastructure development and has established itself as… Continue Reading

Florida’s Revenue System Outlined in New Report

The Leroy Collins Institute has published a report that outlines their view of the state’s revenue system and its potential misuse. The report, entitled “Tougher Choices: Shaping Florida’s Future,” builds on a 2005 Institute report which warned that the state’s revenue system was overly reliant on the booming housing market and influx of construction due… Continue Reading

Miami Light Rail System May Become a Signature P3

Plans of New Passenger Rail Link from Miami-to-Miami Beach On several occasions we have written about transportation public-private partnerships in the Miami area. These have included posts on red-light cameras, passenger rail, UniversityCity at FIU, and other related topics. Several months ago, we discussed the possibility of new public private partnerships for public transportation systems, which have in recent years… Continue Reading

Miami-Dade Mayor Emphasizes the Importance of P3s

During his State of the County Address this week, Miami-Dade Mayor Carlos Gimenez emphasized the importance of following the national trend of increasing public-private partnerships (P3s) to “tackle the urgent challenge of renewing our infrastructure at a pace that matches the county’s growth.” The private sector has reciprocated with much eagerness to partner with Miami-Dade… Continue Reading

Full Speed Ahead: State of the Ports Briefing 2014

Today, we attended the State of the Ports Luncheon, along with several of our Bilzin Sumberg colleagues and over 1,000 prominent business leaders in our community, including representatives from local government, major cruise lines and the United States Coast Guard. Those in attendance at the annual “State of the Ports” address enjoyed an exclusive screening… Continue Reading

$50 Billion in Federal Funds Proposed To Support P3s

The U.S. Senate is currently considering legislation that would establish the “American Infrastructure Fund,” a $50 billion fund that would help finance public-private partnerships (P3s) infrastructure projects prioritized by state and local governments.  The fund would also prioritize social infrastructure P3 projects, such as hospitals and schools, which have thus far lagged behind transportation infrastructure… Continue Reading

Happy Holidays to All Our Readers!

It’s hard to believe that 2013 is already drawing to a close – the year in New Miami flew by in a whirlwind of development as new plans were announced and projects took shape. From rail, seaport and airport expansion to the buzzing arts and cultural scene, New Miami continued to grow. We celebrate our… Continue Reading

More Transportation P3s on the Horizon in South Florida and Nationally

We have written frequently about the potential for new transportation-related public-private partnerships (P3s). Recent posts on the topic have discussed Amtrak, UniversityCity at FIU, and PortMiami, among other area transportation-related P3s. Increase in Transportation P3s in 2014 A recent report reflects that these examples are part of a much larger national trend. The Fitch Ratings… Continue Reading

Amtrak, Public-Private Partnerships, and the Future of Passenger Rail

A recent article published in the Miami Herald reflects growing support to form a public-private partnership (P3) to save the national passenger rail system.  To some, this statement may sound puzzling, as the national passenger rail system has been controlled by Amtrak, a public-private entity, since 1971.  Amtrak, however, is not a public-private partnership, and… Continue Reading

Opportunities for Public-Private Partnerships Continue to Expand

We have on several occasions discussed the major infrastructure projects currently under construction at PortMiami, and how the port is a prime location for public-private partnerships (P3s) in the coming years. Seaport To Play Key Role in Miami’s Economy Last week, RCA Miami hosted a conference that included a presentation by Kevin Lynskey from PortMiami… Continue Reading

Federal Funding For New Transportation P3

In prior posts, we have written about the federal government’s new focus on public-private partnerships in order to leverage its grant money with private investments, as well as the future of transportation-related PPPs in the Miami area.  Those trends continue, as evidenced by the U.S. Department of Transportation’s recent award of a $11.4-million transportation grant… Continue Reading

New Miami in the News: Weekly Recap

What do solar energy, venture capital, and Florida banks have in common? They all made New Miami headlines this past week. Solar energy positioned for a boom in Florida The Herald reported that changes in solar business models, federal tax credits and plummeting equipment prices are opening a new market that may bring a sea of… Continue Reading

Thank you for tuning in to P3 Discussion on WLRN’s ‘Topical Currents’

Yesterday I had the pleasure of participating in a lively discussion on Public-Private Partnerships on WLRN’s radio show, Topical Currents, hosted by Joseph Cooper. Joining me as panelists were City of Miami District 2 Commissioner Marc Sarnoff, and Miami Science Museum President & CEO Gillian Thomas. For those of you who missed it, the recording… Continue Reading

‘Topical Currents’ WLRN Radio Show To Feature Public-Private Partnerships

On Tuesday, August 20, I will join my fellow community leaders, City of Miami District 2 Commissioner Marc Sarnoff and Miami Science Museum President & CEO Gillian Thomas as a guest on WLRN’s popular radio show, Topical Currents, for a discussion on public-private partnerships (P3s). The program will air live on WLRN 91.3 FM from… Continue Reading

Public-Private Partnerships in Unlikely Places

P3s Help Expedite Infrastructure Projects We have recently written about P3s being used in South Florida to construct large-scale public facilities on an expedited basis and at a reduced cost to the public.  Examples include the Miami Beach Convention Center and the PortMiami Tunnel. In many ways, these projects, as immense as they are, represent the low-hanging… Continue Reading

Miami-Dade County Adopts New Public-Private Partnerships Resolution

Yesterday, the Miami-Dade County Board of Commissioners adopted a resolution establishing a Public Private Partnership Program for the County. Purpose and Policy of the P3 Resolution The stated purpose and policy of the resolution very effectively summarizes the case for public-private partnerships.  The resolution explains that infrastructure “is a vital and foundational element in the… Continue Reading

Thank You For Joining Us For Our New Miami Breakfast Series | Hospitality

Thursday, June 13, 2013 8:00 AM – 10:00 AM 1450 Brickell Avenue, 23rd Floor Miami, FL 33131 Thank you for joining us for the second installment of the New Miami Breakfast Series. Hospitality: A Bird’s Eye View of Miami and Beyond Miami is one of the most active hotel investment markets in the country and… Continue Reading

New Legislation Facilitates Public-Private Partnerships

Earlier this month, the Florida legislature passed House Bill 85, which establishes statewide authorization and procedures for public-private partnerships.  The law, which will be encoded as Section 287.05712, Florida Statutes, authorizes counties, municipalities, school boards, and other political subdivisions and entities to form public-private partnerships with the private sector to develop, operate, or maintain any facility… Continue Reading

Proposed Florida Public-Private Partnerships Law Continues to Move Through Legislature

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 Committee.  It is next scheduled to be considered by the State Affairs Committee, and from there, it could be considered for adoption… Continue Reading