A few weeks ago I went to a conference in Miami on infrastructure private-public partnerships, or “P3s.” We’ve written plenty about the pitfalls of P3s that don’t have strong public protections. I learned at the conference that Miami has big plans. We’re paying close attention and helping local advocates ensure that these plans to rebuild Miami serve taxpayers, workers and families, not just private investors.
Miami-Dade Mayor Carlos Gimenez spoke at the conference and made it clear that his vision includes privatizing essential public goods. “It used to be Miami-Dade County wanted to operate everything,” Gimenez said. “I don’t want to operate anything.” He talked about tapping the private sector to finance, build and operate a new transit line and courthouse. A P3 for a new water treatment plant is already underway.
Miami is growing fast and has real infrastructure needs.