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Public Private Partnership

All articles tagged with #public private partnership

Rays say no more concessions as ballpark deal moves toward final terms
business3 days ago

Rays say no more concessions as ballpark deal moves toward final terms

Rays CEO Ken Babby said there will be no reopening of the deal’s economics and no further concessions in finalizing the $2.3 billion domed stadium plan; the framework stays the same with about $976 million in public funds (county $796 million, city $180 million) and the Rays covering roughly 55% of project costs plus overruns, plus their ongoing maintenance obligations. The Community Investment Tax funding remains a key component, the Rays have raised their total investment to over $1.2 billion, and officials plan to draft definitive documents for final votes as they push to move the project forward.

via Tampa Bay Times|
#business#funding#hillsborough-county
NASA Maps 2026 Tech Gaps to Power Moon Bases and Beyond
space5 days ago

NASA Maps 2026 Tech Gaps to Power Moon Bases and Beyond

NASA released the 2026 Civil Space Shortfall Ranking based on 454 external responses, consolidating 187 shortfalls into 32 priority categories and selecting 40 focus areas for FY2026 investments to accelerate lunar infrastructure, surface mobility, logistics, and onboard computing for future Moon and Mars missions, underscoring public-private partnerships to energize the space economy.

via NASA (.gov)|
#artemis#lunar-infrastructure#nasa
Halmar Named Master Developer for NYC Penn Station Makeover, Targeting 2027 Groundbreaking
business6 days ago

Halmar Named Master Developer for NYC Penn Station Makeover, Targeting 2027 Groundbreaking

The U.S. Department of Transportation and Amtrak have selected Penn Transformation Partners (Halmar) as the private master developer to overhaul New York Penn Station, aiming to break ground by 2027. The plan includes a grand Eighth Avenue entrance, a new train hall, expanded concourses and track capacity, limited through-running on the regional rail network, improved retail and wayfinding, and a refreshed exterior while preserving Madison Square Garden. The project will receive an additional $200 million in federal funding, with further support from Amtrak and NJ TRANSIT, and next steps include finalizing contracts, permits, design work, and achieving financial close before construction begins by year-end 2027.

via Amtrak Media|
#amtrak#business#infrastructure
business14 days ago

Chattanooga Plans $300M Sunset Amphitheater as Riverfront All-Season Entertainment Hub

Chattanooga is planning a $300 million, 12,500-seat Sunset Amphitheater at The Bend riverfront with a canopied roof, developed with Venu Holding to create a year-round, multi-season entertainment venue. Its completion depends on public-private incentives currently under negotiation; the project aims to attract major touring acts year-round and is projected to generate substantial regional economic impact.

via Chattanoogan.com Breaking News|
#amphitheater#business#chattanooga
Kirkland, Kraken Unveil Plan for Two-Rink Iceplex and Community Center
local27 days ago

Kirkland, Kraken Unveil Plan for Two-Rink Iceplex and Community Center

Kirkland and the Seattle Kraken announced a private-public project to build a two-rink Kraken Iceplex and a city community center on the former Houghton Park & Ride site, breaking ground in May and aiming to open in fall 2027. The facility will feature two NHL-regulation rinks, a public restaurant, Kraken Team Store, a city-run center, and space for programs and events, with residents gaining access to free public-skate sessions and Kraken Foundation programs. Officials say the project will grow hockey participation, expand youth and adult programming, and boost the Eastside economy (about $7 million annually) without taxpayer dollars.

via NHL.com|
#community-center#iceplex#kirkland
KC maps $1.9B downtown Royals stadium plan anchored at Washington Square Park
local1 month ago

KC maps $1.9B downtown Royals stadium plan anchored at Washington Square Park

Kansas City officials unveiled a plan for a $1.9 billion, downtown Royals stadium at Washington Square Park, with the city contributing about $600 million and private funding making up the rest, aiming to open by 2030. The ordinance would authorize a 30-year term sheet and development agreement with the Royals, financed via bonds, Tax Increment Financing, and potential state incentives, plus an accompanying entertainment district. Approval hinges on park-board consent and city council votes, and while a public vote is not currently planned, the proposal could face political or public opposition; Royals’ backing remains undecided as talks continue.

via Kansas City Star|
#kansas-city#local#public-private-partnership
Rays deal could redefine Tampa Bay's future, Weatherford argues
viewpoints2 months ago

Rays deal could redefine Tampa Bay's future, Weatherford argues

A Tampa Bay Times columnist argues that now is the moment to advance the Rays’ stadium and mixed-use district as a transformative public-private project, backing a committed ownership group and sustained regional collaboration. He cites prior local successes (USF Medical School, Water Street) as proof that bold, well-planned development can create jobs and raise Tampa Bay’s profile, and urges urgency over delay to avoid rising costs and missed opportunities, aiming to cement the region as a premier sports and leisure destination.

via Tampa Bay Times|
#economic-development#note#opinion
Trump White House Rolls Out Unified U.S. Cyber Strategy Emphasizing Public-Private Coordination
politics2 months ago

Trump White House Rolls Out Unified U.S. Cyber Strategy Emphasizing Public-Private Coordination

The White House released President Trump’s Cyber Strategy for America, outlining six policy pillars and a plan for unprecedented government–industry coordination to invest in leading technologies and strengthen the United States’ offensive and defensive cyber capabilities, guiding actions and resources across government, Congress, industry, and allies.

via The White House (.gov)|
#cybersecurity#cyberstrategy#national-security
Treasury, Industry Unveil Practical AI Cybersecurity Toolkit for Banking
technology3 months ago

Treasury, Industry Unveil Practical AI Cybersecurity Toolkit for Banking

The U.S. Treasury, in support of the AI Action Plan, led a public-private collaboration to release six resources in February through the Artificial Intelligence Executive Oversight Group, aimed at strengthening governance, data practices, transparency, fraud prevention, and digital identity for AI in the financial system. The tools prioritize practical, non-prescriptive guidance to help financial institutions—especially small and mid-sized ones—adopt AI securely and more resiliently while promoting innovation.

via U.S. Department of the Treasury (.gov)|
#ai-governance#cybersecurity#financial-services
Rays Stadium on Hillsborough College Campus Moves Forward With Non-Binding Deal
local4 months ago

Rays Stadium on Hillsborough College Campus Moves Forward With Non-Binding Deal

Hillsborough College’s board of trustees unanimously approved a non-binding memorandum of understanding with the Tampa Bay Rays to explore building a stadium on the Dale Mabry campus as part of a larger mixed-use redevelopment. The plan grants the Rays a 180-day exclusive window to negotiate a final agreement, with ownership potentially transferring to the county if public funding is involved. The project would add new classrooms and learning spaces, create jobs, and require approvals from the Hillsborough County Commission and the Tampa City Council. A final deal remains uncertain amid funding skepticism and questions about financing and timelines, including a proposed stadium target of 2029.

via tampabay.com|
#development#hillsborough-college#local
NU Regents Weigh $800M Deal to End Nebraska Medicine Partnership
healthcare4 months ago

NU Regents Weigh $800M Deal to End Nebraska Medicine Partnership

Clarkson Regional Health Services is offering the University of Nebraska system $800 million to buy out its share of Nebraska Medicine and related properties, aiming to consolidate governance and strengthen local healthcare, despite opposition from Nebraska Medicine's board and concerns over funding and state control.

via Nebraska Examiner|
#clarkson-regional-health-services#healthcare#hospital-acquisition