Brownfield regeneration and the shifting of financial risk: between plans and reality in public-private partnerships

• Published in: Urban research & practice Vol. 17; no. 2; pp. 149 - 170
• Main Authors: van den Hurk, Martijn, Williams, David, Luis dos Santos Pereira, Alvaro, Tallon, Andrew
• Format: Journal Article
• Language: English
• Published: Abingdon Routledge 14.03.2024; Taylor & Francis Ltd
• Subjects: Brownfield regeneration; Finance; Financial planning; Financial risk; Governance; Local government; Partnerships; Private sector; Profits; Public finance; Public private partnerships; Public sector; Rhetoric; Risk; Risk reduction

Internationally, brownfield regeneration projects are delivered through public-private partnerships that form complex legal and structural delivery mechanisms. Utilizing private-sector finance and skills is an accepted practice to reduce financial risk for the public sector while delivering profits...