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.

San Francisco seeks P3 for city-wide fiber network

California– San Francisco is moving ahead with plans for a public-private partnership (P3) to build a city-wide fiber network that will encompass the almost 47-square miles of the city. The city has issued a request for information (RFI) for the project and also plans to select five proposals by April 30. The city will then issue a follow-up request by the end of the year for three proposals to enter into the design phase. Early estimates put the cost of the project around $1.9 billion.

 

The network would be owned by the city but built and managed as a P3 – an arrangement that allows the city to alleviate some of the costs and risks of creating a brand-new utility. The city would maintain significant control over the price consumers would pay if they sign up for the service. The new network is expected to include subsidized rates to close the digital divide for low income residents. Currently about 100,000 residents of the city don’t have internet in their home.

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