Public private partnerships can be critical to the financing of new sports facilities.
A public private partnerships (also known as a P3) is a beneficial partnership between a government service and private organization that funds a project or development. Our staff here at Sports Facilities Advisory firmly believes that public private partnerships are a fantastic way to introduce new sports facilities into thriving communities, and we have worked with many public private partnerships in the past.
We are always looking to work with those involved in public private partnerships to ensure the successful planning, funding, opening and managing of sports facilities and complexes around the nation.
Oftentimes, public entities and private groups want to collaborate in this way for the greater good of a community. When this happens, many organizations engage Sports Facilities Advisory to advise and structure these public private partnerships. When properly designed and structured, these incredible partnerships provide countless community benefits, economic impact and unique opportunities within new sports facilities, recreation centers and adventure sports complexes.
So how does Sports Facilities Advisory facilitate these public private partnerships? Our experienced SFA team offers a number of helpful services, from financing and legal, to local governance and oversight. SFA has the extensive expertise needed to assist in the formation of public private partnerships, land rights agreements and alliances for new sports facilities and complexes.
In addition to the services mentioned above, Sports Facilities Advisory will also evaluate prospective sports facilities and we privately manage a number of public entities.
Public private partnerships aren’t always easy, and there are a lot of moving parts and factors to consider before embarking on a new community project. You can trust our experienced team here at Sports Facilities Advisory to provide you with the knowledge, expertise and experience needed to successfully form and manage a public private partnership for the benefit of your community. Whether your goal is to open and manage a new sports facility, recreation center or adventure sports complex, or you’d like some assistance evaluating and managing a currently operating facility, SFA has the tools and experience necessary to guide any public private partnership along the road to success.
If you are interested in working with Sports Facilities Advisory or learning more about our services as they pertain to public private partnerships, please contact us today. Feel free to call or fill out our contact form online. A member of our SFA team will get back to you as soon as possible and we look forward to working with you!