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Tag Archives: P3

Growing Trend: Private Investment in Infrastructure and Transportation

As P3 Bulletin, the New York Times and Richard Cavallaro, the new CEO of  international construction company Skanska’s US operations, have recently stated, the increase in private investment and Public Private Partnerships (PPPs or P3s) bodes well for the plans to develop and implement much needed infrastructure and transportation upgrades around the United States. As… Continue Reading

The Port of Miami Tunnel is Open!

The Port of Miami Tunnel’s opening on Sunday, August 3, 2014 marked a rousing day for Miami. Not just because police cruiser sirens, motorcyclists and tractor trailers inaugurated new, underwater lanes for thousands of vehicles to soon follow, but because it signaled a great accomplishment in the world of public-private partnerships that will benefit Miami… Continue Reading

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

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

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

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

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

New Federal and State Programs Will Boost Public-Private Partnership Development

President Obama Emphasizes the Value of Public-Private Partnerships Last Friday, President Obama visited Miami and, speaking at the Port of Miami, detailed his proposals for increased public-infrastructure spending through public-private partnerships.  Although the President envisions traditional financing approaches for certain projects, he continues to emphasize the importance of P3s to rebuild our aging infrastructure and… Continue Reading

Alternative Water Supply Needed in South Florida

As groundwater all but disappears in South Florida and the region continues to grow, creating alternative water systems is an urgent issue. A recent Department of Economic Opportunity report calls for a strategy to ensure future adequate water supplies without stunting continued development and construction, but many of the large scale solutions require alternative and… Continue Reading

Thank You For Joining Us For Our New Miami Breakfast Series

Thank you for joining us for the inaugural session of the New Miami Breakfast Series. Public-Private Partnerships: Why They Are Growing in Popularity and Their Impact on South Florida The most flexible relationship between the government and a private contractor is a public-private partnership, commonly referred to as a P3, in which government and the… Continue Reading

Public-Private Partnerships, Seaports, and The New Normal

A recent article in the PPP Bulletin, “Change we can believe in?”, explains that “PPPs are the new normal” for infrastructure projects in the United States, and public-private partnerships are being relied upon for responses to Hurricane Sandy, transportation projects, water recycling facilities, airports, and everything in between.  For the same reasons that P3s are… Continue Reading

Port Miami’s Development Improve Sea, Road, and Rail Access

We recently mentioned the Port of Miami’s ambitious development plans in the context of the several major public projects taking place in South Florida.  Among these projects, it is clear that the activity at the Port is of the greatest interest to the Miami development community and, indeed, often appears to be the topic of… Continue Reading

P3s Everywhere You Look

There are currently a lot of construction hats at Miami-area transportation facilities. The Miami International Airport has recently opened its newly constructed North Terminal and new MIA Mover people mover system, and construction is underway of the Miami Intermodal Center, a massive ground transportation hub connecting the airport to Metrorail, Metrobus, rental cars, etc. Not… Continue Reading

P3 Opportunities Ahead For Public Transportation Systems

Moving forward, some of the most exciting opportunities for public-private partnerships will be in the area of public transportation. Traditionally, public transportation systems have been constructed and operated solely with public dollars. Unfortunately, now that the need for new fast and efficient public transportation systems is greater than ever, those public dollars are hard to… Continue Reading

Miami Beach Convention Center Seeking P3 for Re-Development

Convention Centers Look to P3s to Become More Competitive Globally The PPP Bulletin recently reported that the city of Los Angeles is considering forming a public-private partnership with a private-sector entity to manage the Los Angeles Convention Center. We recently discussed the advantages of using P3s for large government projects, and a Los Angeles official… Continue Reading

Alternative Methods of Awarding Government Contracts

Low Bidder, Slow Bidder? The Miami Today recently reported that key renovations and upgrades to several Metromover stations are scheduled to be completed this fall. (The Metromover is an automated “people mover” mass transit system operated by Miami-Dade County that whisks passengers, free of charge, to key locations throughout downtown Miami.) The article quotes Miami-Dade… Continue Reading