Analysis

Miami Courthouse Project Highlights New P3 Ideas, Hurdles

Law360, Miami (November 9, 2017, 3:25 PM EST) -- Miami-Dade County's potential use of a public-private partnership to build a new civil courthouse could see it make underutilized real estate available for commercial development to make up for limited cash supply — a model lawyers say offers opportunities for municipalities throughout Florida but comes with challenges.

The idea of cash-strapped local governments trading on their underutilized real estate assets to facilitate the construction of much-needed infrastructure — and to spruce up downtrodden downtown areas — could spread as the P3 model takes hold and extends...
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