1. Transportation infrastructure partnerships: Public-private partnerships are common in the construction and operation of transportation infrastructure, such as roads, bridges, and light rail systems. For example, the Partnership for New York City developed a public-private partnership plan for a new transportation hub at Lower Manhattan’s Fulton Street Transit Center.
2. Housing developments: Public-private partnerships are often used in housing development projects. For example, the New York State Housing Finance Agency provides financing for affordable housing development by partnering with private developers.
3. Business improvement districts (BIDs): BIDs are partnerships between local government and private property owners to improve commercial districts. For example, the Downtown Association in Seattle, Washington, is a BID that aims to improve the economic vitality of the Downtown Seattle area.
4. Parks and open space partnerships: Public-private partnerships are often used to improve and maintain parks and other public spaces. For example, the Central Park Conservancy in New York City is a partnership between the city of New York and private donors to maintain and improve Central Park.
5. Mixed-use developments: Public-private partnerships are frequently used in mixed-use developments, which combine residential, commercial, and public spaces. For example, the Atlantic Yards Development in Brooklyn, New York, is a public-private partnership that includes more than 6,000 residential units, offices, retail space, and public facilities.
Publication date: