Dallas park built over highway thrives

The five-acre Klyde Warren Park connects two neighborhoods formerly divided by a highway. It boasts a playground, eateries and performance space. “Klyde Warren (park) was needed to stitch back together the city, and create green space where there was so much concrete, and create vitality where there was none,” explained Dallas lawyer and former city councilwoman Angela Hunt. A public-private partnership raise $112 million to build the park – nearly half from the private sector, including corporate foundations. The city owns the park, but a foundation operates it. Today, Dallas is reaping the benefits from the arrangement, with the value of real estate around the park soaring and the city seeing tax revenue from increased development.

Join P3KY Newsletter

Join our Mailing List

Change in tax code proposed to improve school buildings

One group of legislators and political consultants think they have the answer to repair and maintain America’s aging public school buildings, which would require $145 billion a year by one estimate.

KY parks department seeks information on P3 campground

The Kentucky Department of State Parks is exploring a possible public-private partnership to develop a new campground at Kentucky Dam Village State Resort Park, 21 miles southeast of Paducah in western Kentucky.

Work Ready Skills Initiative funds second round of projects

The Work Ready Skills Initiative Advisory Committee has selected recipients for its second round of funding. Approximately $33.1 million in bond money was dispersed to more than a dozen projects aimed at developing a highly trained workforce to meet the needs of employers and to promote sustainable incomes for Kentuckians.