STRATEGIES FOR PRIVATE SECTOR PARTICIPATION IN THE PROVISION OF TRANSPORTATION FACILITIES
The concept of public/private cooperation as related to transportation projects is explored, identifying the forms which such cooperation may take and providing the policy alternatives government may want to consider to encourage such cooperation. This area has been expanding in the past decade. Literature was reviewed and case studies analyzed to develop a spectrum of strategies that include the following: (1) Contributions --developers provide the major cost for transport projects directly benefitting their projects; (2) Planning--land use planning by local jurisdictions for areas surrounding transportation improvements supports the State's investment in such improvements; (3) UDAG selection process-a match of the local real estate investment and/or direct contributions are included in the criteria for highway projects selection; (4) Impresario--the State acts as a broker by promoting or marketing a project but invests no state funds; (5) Fiduciary--An actual investment by the State is made in particular areas or private sector developments; (6) Transportation corridor development corporation--a special purpose entity with authority in many areas; (7) State as developer--State not only organizes development, but also finances, executes and owns it. The strategies are analyzed according to their overall effects, legal issues, and effects within the department of transportation of the State.
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Corporate Authors:
University of Wisconsin, Milwaukee
Center for Urban Transportation Studies, 3200 North Cramer Street
Milwaukee, WI United States 53211 -
Authors:
- Beimborn, E
- RABINOWITZ, H
- Lindholm, C
- Publication Date: 1985-10
Media Info
- Features: Appendices; Figures; References; Tables;
- Pagination: v.p.
Subject/Index Terms
- TRT Terms: Assessments; Benefits; Case studies; Corridors; Economic development; Financing; Highways; Implementation; Land use; Private enterprise; Public transit; Real estate development; State government; Transportation planning; User charges
- Uncontrolled Terms: Special assessments
- Subject Areas: Administration and Management; Economics; Finance; Highways; Planning and Forecasting; Public Transportation; Research; Society; I10: Economics and Administration;
Filing Info
- Accession Number: 00456264
- Record Type: Publication
- Files: TRIS, USDOT
- Created Date: Jul 31 1988 12:00AM