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- Title
Public-Private Partnerships Transforms Cattle Farm to Community Park: A Case Study of One Rural Community's Experience.
- Authors
Jordan, Tricia; Stinnett, Brad; Gibson, Fred
- Abstract
As fiscal challenges continue to mount, park and recreation professionals are charged with seeking creative financing mechanisms to aid in the funding of facilities. A feasible option, worthy of consideration, is the use of a public-private partnership (P3). P3s usage has grown from projects, focusing solely on infrastructure, to opportunities such as expanding programmatic elements aiding quality of life enhancement. The purpose of this study was to better understand how a P3 can enhance a community's effort in developing a land gift. The case study approach, inclusive of document review, structured observations, and stakeholder interviews, facilitated a focus on stakeholder experiences. Benefits described by stakeholders included economic and resources. Partnership challenges included communication, responsibilities, and funding. Communication issues stemmed from meeting frequency and partner differences. The lack of clearly defined stakeholder responsibilities led to inefficiencies in the development process. Lessons learned have important implications for practitioners seeking to develop P3s.
- Subjects
PUBLIC-private sector cooperation; COMMUNICATION
- Publication
Kentucky SHAPE JOURNAL, 2018, Vol 55, Issue 2, p17
- ISSN
1071-2577
- Publication type
Article