TriCrescent LLC - Property Consultant New Orleans LA

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Public Private Partnership (PPP) Strategies in New Orleans LA


TriCrescent facilitates the work that a public entity and a private developer must do together in a Public Private Partnership (PPP) strategy. A PPP project is a way for a public entity such as a government agency to fund a development project that will provide a service or services to the public. The partnership is structured so that the private entity that is providing all or some of the funding to finance, build, and operate the project makes a profit on the project. This is often accomplished through the operating profits of the completed project. Such cooperative arrangements are a way for a heavily indebted community to leverage a public asset to the benefit of all involved in the venture.