New Hanover County seeks P3 for ‘Project Grace’

North Carolina– New Hanover County is exploring the option of entering into a public-private partnership (P3) for redevelopment of a 3-acre county-owned block in downtown Wilmington. The county issued a request for qualifications to find the most qualified project teams. The top teams will be invited to submit a full development proposal by December.

 

The county has envisioned a public library, Cape Fear Museum, usable green space and a parking deck. A space needs analysis was recently conducted to identify the needs of both the museum and library. In the new fiscal year, the county plans to conduct a separate study to determine the future use of the existing museum site on Market Street. Proposals will be reviewed at the beginning of 2019 for “Project Grace” and the public will then be given the opportunity to provide input.

Long-term concession plans considered for turnpike system

New Hampshire– Portions of the New Hampshire Turnpike system may soon be privatized. The state’s public-private partnership (P3) Infrastructure Oversight Committee have considered P3 plan for long-term concession agreements. The three highways chosen for the turnpike project were opened in the 1950s. The project includes developing and operating service plazas and rest areas with dining, fuel and retail concessions along the highways.

 

The P3 will allow for the sharing of resources to finance, design, build, operate and maintain transportation infrastructure projects. The plan was developed after Gov. Chris Sununu shared a proposal by the New Hampshire Department of Transportation to raise tolls on the turnpikes to accelerate completion of improvements to the roads.

Beach town wants to be part of 2028 Olympics

California– Redondo Beach is embracing the Olympic spirit and pitching a design for a new water front Olympic venue for the summer 2028 games. The city originally wanted to build a venue to host water polo, swimming or boating events but the Olympic committee already awarded that project to Long Beach. Instead the city may become the site of cultural events, festivities or a training facility.

 

A newly formed city subcommittee will work on a formal proposal while city officials work on a bid to acquire a 51-acre site for a public-private partnership. The city envisions a 6-mile course that would start at King Harbor, run south along the coast and loop at the Palos Verdes Peninsula, with spectators watching from the bluffs along The Esplanade

City of Bloomington considers P3 for future of landmark

Illinois– The city of Bloomington is deciding on a potential re-use for a building in the downtown area that an insurance firm is vacating. One suggestion for the 89-year-old structure is a new city hall, while others call for office space and light retail. While the exact designation is unclear the size of the building would make it a good fit for a public-private partnership (P3).

 

The insurance company is finishing up renovations on the building this month that include upgrading the lighting, cafeteria, restrooms, wiring and heating. The city plans to take up the topic along with a library-transit project at its upcoming city council meeting. The project would involve tearing down the Market Street parking garage and building a new library and transit hub in its place.