Public Private Partnerships (P3) create mutually beneficial projects for the government, private sector and communities.
MDC, INC. works nationwide with many clients through P3s.These partnerships allow municipalities and other organizations to rely on our expertise and capital to create new developments for public use or community betterment.
A P3 is an arrangement in which a public organization contracts with a private company long term to complete development and construction of a project. A P3 will typically facilitate a public works or infrastructure project or a public service accommodation such as a school or hospital. Benefits to the public organization include financing and assumption of risk by the private company.
Through P3s, we handle the daily planning, financing, building and management of projects and facilities while reducing your financial risk and budget expenditures. We will also handle the proper application of all government incentives.
- Airport developments
- Community centers
- Redevelopment projects
- Parking
- Property disposition or redeployment
These are just some of the projects you can accomplish through a P3 with us. Call us today for a private consultation about your specific project needs. Together we’ll determine if a P3 is the right answer for your municipality or public organization.