Situation
A Midwest university sought to build new facilities but needed counsel on use of public-private partnerships as an alternative financing option. The P3 project consortium team selected Husch Blackwell to advise on P3 finance structuring in light of barriers in the state’s enabling legislation.
Result
Utilizing a P3 delivery method enabled the development, financing, construction and operation of an academic integrated science facility, a student union, 1,200 beds of student housing in three buildings, a dining center and approximately 2,000 parking spaces. The project also includes a central utility plant and the necessary utility and transportation infrastructure to support the project.