Public-Private Partnerships

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Public-Private Partnerships are a mechanism to help fund infrastructure.

Albemarle County

The Board of Supervisors is exploring the use of public-private partnerships to help pay for redevelopment of commercial space on U.S. 29 in the growth area. The firm Stantec is being paid an undisclosed amount of money for their advice and guidance. [1]

Listen to the June 14, 2017 briefing.

<play audio>http://s3.amazonaws.com/cville/cm%2Fmutlimedia%2F20170614-PPP-reduced.MP3 </play audio>


One example for hos such a partnership might work is found in Arlington, where county officials worked with Federal Realty Management to redevelop Shirlington as a mixed-use community. [2]


Charlottesville

The city entered into a partnership with the Charlottesville Parking Center to help build the Water Street Parking Garage.



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References

  1. Web. Albemarle eyes public-private partnership for new government complex, Sean Tubbs, Sean Tubbs, Charlottesville Tomorrow, June 14, 2017, retrieved June 26, 2017.
  2. Web. Business group considers lessons learned in Arlington redevelopment project, Sean Tubbs, News Article, Charlottesville Tomorrow, June 28, 2017, retrieved July 11, 2017.