"Building the 21st Century City through Public-Private Partnerships introduces students and early-career professionals to the fundamentals of this unique form of cross-sector collaboration. From understanding the responsibilities of government and industry partners to stewardship of taxpayer dollars, this introductory guide empowers developers and local officials to deliver successful commercial, leisure, and industrial projects neither could undertake on their own. Chapters on securing financing and navigating permitting processes demystify the steps to creating profitable developments, while case studies from around the United States provide invaluable local context. A glossary of public-private partnership terminology offers the reader an insider's grasp of the language of government and industry partnerships"--
Building the 21st Century City through Public-Private Partnerships introduces students and early-career professionals to the fundamentals of this unique form of cross-sector collaboration. From understanding the responsibilities of government and industry partners to stewardship of taxpayer dollars, this introductory guide empowers developers and local officials to deliver successful commercial, leisure, and industrial projects neither could undertake on their own. Chapters on securing financing and navigating permitting processes demystify the steps to creating profitable developments, while case studies from around the United States provide invaluable local context. A glossary of public–private partnership terminology offers the reader an insider’s grasp of the language of government and industry partnerships.
- Equips developers and local officials with the foundations for successful collaboration
- Provides a template for building effective public–private partnerships in every area of real estate development
- Includes field-tested insights from case studies of diverse public–private partnership examples
- Ideal reading for courses in public administration, city planning, real estate, not-for-profit studies, public service, and more
Helmed by a practitioner turned academic, Building the 21st Century City through Public–Private Partnerships serves as a masterclass with veteran developers, planners, municipal officials, and scholars.
This book introduces the fundamentals of this unique form of cross-sector collaboration. From understanding the responsibilities of government and industry partners to stewardship of taxpayer dollars, this guide empowers developers to deliver successful commercial, leisure, and industrial projects neither could undertake on their own.
1. An Introduction to PublicPrivate Partnerships as a Development
Paradigm.
2. P3 Tools: TIF, BIDS, Brownfields, and Eminent Domain.
3.
Contracts: The Heart of PublicPrivate Partnerships.
4. How Cities Use PPPs
to Spur Real Estate Development: A Look at Greenville, South Carolina.
5.
Measuring the Costs and Benefits of a TIF-based PublicPrivate Partnership.
6. The Use of PublicPrivate Partnerships to Redevelop Greenvilles West End
through a Minor League Baseball Stadium Development.
7. Innovation Districts
and Misplaced Economic Development Incentives.
8. Industrial Development and
PublicPrivate Partnership: The Enigma Case Study.
9. Partnering with Public
Agencies to Revitalize Blighted Areas.
10. Leveraging P3 to Increase the
Financial Upside of the Navys Underutilized Real Estate: A Case Study at
Naval Air Station Oceania, VA.
Stephen T. Buckman (editor) is an Associate Professor of Real Estate Development at Clemson University. He is 2023/2024 Fulbright Scholar award recipient to Brazil where he will study land value capture and its impacts on real estate in Rio de Janeiro. His research is primarily centered on resiliency, waterfront development, community real estate development, and how publicprivate partnerships bring these all together. Before entering the academy, Dr. Buckman worked in real estate development for the Trammell Crow Investment Division and had his own small firm as well as working in investment commercial brokerage. At present Dr. Buckman consults for developers and communities and does his own multi-family developments. Dr. Buckman holds a PhD from Arizona State University.
