By Nolan Miles
P3 Kentucky Staff Writer
The key to rebuilding Houston after Hurricane Harvey may reside within a public-private partnership.
In an effort to protect Houston from future flooding, as well as rebuild with the future in mind, public-private partnerships may be an answer to addressing long-term needs for the bustling city. The city of Houston has seen a few public-private partnerships blossom and succeed, including a 2012 P3 that provided over $100 million to transform bayous into parks and trails with help from the Kinder Foundation. The Buffalo Bayou Park partnership also provided $58 million to create a “central park” designed to withstand flooding.
Houston’s history of successful P3s shines a light on the potential success future P3s may have in restoring the city.
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