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

Martijn van den Hurk, David Williams, Alvaro Luis dos Santos Pereira and Andrew Tallon

Urban Research & Practice, 2024, vol. 17, issue 2, 149-170

Abstract: 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 for the private sector. This article explores three international brownfield regeneration schemes. It highlights how and why financial risk remains within the public sector from the outset or returns to the public sector over time, despite the initial rhetoric for this burden to be carried mainly by the private sector. The analysis improves the empirical understanding of financial risk dynamics in brownfield regeneration.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/17535069.2022.2144430 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rurpxx:v:17:y:2024:i:2:p:149-170

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rurp20

DOI: 10.1080/17535069.2022.2144430

Access Statistics for this article

Urban Research & Practice is currently edited by Professor Rob Atkinson

More articles in Urban Research & Practice from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().