Recent Streetsblog USA posts about Public-Private Partnerships

How Macquarie Makes Money By Losing Money on Toll Roads

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This is the second post in a three-part series about privately financed highways. Part one introduced the Indiana Toll Road privatization as an example of shoddily structured infrastructure deals. Part three looks at how faulty traffic projections lead bad projects to get built, and how the public ends up paying for those mistakes. Macquarie Group, the gigantic Australian […]

The Indiana Toll Road and the Dark Side of Privately Financed Highways

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This is the first post in a three-part series on the Indiana Toll Road and the use of private finance to build and maintain highways. Part two takes a closer look at how Australian firm Macquarie manages its infrastructure assets. Part three examines the incentives for consultants to exaggerate traffic projections, making terrible boondoggles look like financial […]

Answers to Your Top 6 Questions About Obama’s New Infrastructure Initiative

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Last week, President Obama announced that amid Congressional dysfunction around transportation funding, he was taking action to foster infrastructure investment and economic growth. The Build America Investment Initiative will provide technical assistance to communities looking for guidance on how to leverage private dollars to build public works. But the initiative doesn’t actually provide any dollars itself. Here’s the […]

Can a 100% Private Passenger Rail Line Turn a Profit?

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Public-private partnerships have recently become a popular policy prescription for the prospect of reviving inter-city passenger rail. But now, a private company is setting out to do it alone – no public support needed. Florida East Coast Industries has announced that it will start operating passenger service between South Florida and Orlando in 2014. They’re calling […]