Public-Private Partnerships in Urban Development in the United States



28

the property and is equity investor. As a limited partner, the city has no liability for operating
deficits.

D. Summary

The preceding analysis assumes that it is difficult to find an overall typology of public-private
partnerships. Indeed, it is more useful to distinguish intersectoral partnerships concerning
specific partnership elements; that may be: first, public sector involvement and organizational
structure; second, partnership activities; and third, chief objectives and spatial foci.

Figure 4: Formal and Informal Partnerships

Informal Partnership

Formal Partnership

informal
cooperation

joint planning
efforts

intersectoral
cooperation based on
formal agreements

Organizational
Structure


DA

DDA

OPA


institutionalization of
partnerships through
quasi-public and
private corporations

Local Dev. Corps.

Downtown Dev.

Corps.

.ow                     Public Sector Involvement


high


formal


Formal Partnership


administrative
activities


not-primarily
financial


Types of
Partnership
Activities


Source: own draft


financial activities


city as
‘gift-giver’

subsidies

land-write downs


city as ‘equity
partner’


equity financing

debt financing




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