Stimulating Real Estate Development Through Public-Private Partnerships: Assessing the Perceived Opportunities and Challenges
SUZANNE LELAND and DUSTIN READ
PAQ, Vol. 36 No. 3, (2012)
Public-private partnerships are often entered by governments interested in using their financial resources and regulatory powers to encourage real estate development in targeted geographic areas. However, the merits of such projects have been drawn into question in some instances due to limited stakeholder involvement, high transaction costs and the inequitable distribution of costs and benefits. These governance issues are explored in the following paper using data collected from a national survey of American Planning Association (APA) members. Although the results suggest planners in both the public and private sector generally have positive attitudes about public-private partnerships, there are notable differences in individual attitudes about the perceived opportunities and challenges of such collaborative ventures. Age, education, gender, race, political orientation and sector of employment are all found to influence planners’ attitudes in ways that are important to the study of cross-sector collaboration and representative bureaucracy.
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