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Archive for the ‘Public-Private Partnerships’ Category

Wyandanch: Transit-oriented Development Around Old Train Station Brings New Life to Distressed Long Island Community

Monday, August 2nd, 2010

One of Three NYS “Spotlight Communities” Demonstrating How Existing State Programs Can Support and Complement Local Efforts to Develop Brownfields and Achieve Smart Growth Initiatives 

pic-1_wyandanch_map_webBabylon (Suffolk County), NY:  Long Island, New York: the name conjures images of leafy commuter suburbs - communities first shaped by the path of commuter rail, then re-shaped by the paths of highways as public policies favoring the automobile overtook rail as the dominant mode of transportation.  Rail-oriented development, concentrated around stations, gave way to the sprawl of development served by highways.  Wyandanch, a rail-centered hamlet in the Town of Babylon, faded.  Vacant, underutilized land, obsolete improvements and brownfields give testimony to better days.

But not tomorrow. That’s because the Town of Babylon intends to leverage Wyandanch’s main asset, a train station on the Long Island Railroad line, and breathe new life into this south shore community. Town officials are planning a multi-phase, 134-acre project - a transit-oriented development - guided by the principles of “smart growth” and aided by a diverse financing plan. The Town’s efforts were recognized by the State of New York, which designated Wyandanch as one of three “spotlight communities,” an initiative designed to demonstrate how existing state programs can support and complement local efforts to redevelop brownfields and achieve neighborhood revitalization and smart growth.  

NDC’s field director Kevin Gremse, a Long Island native, has provided the Town of Babylon, an NDC client community, with planning and financing expertise that is helping to guide the complex project. (more…)

NDC’s Public-Private Partnerships Make Headlines

Monday, July 26th, 2010

NDC’s unique model for public-private partnerships has produced high-quality public facilities of all kinds, with special success in the State of Washington. In a recent Seattle Daily Journal of Commerce article, John Finke, NDC senior Field Director and head of NDC’s West Team, talks about how this model has saved millions of dollars for cities and states using this approach to create schools and other public facilities.

Read the complete story here.

NDC’s Public-Private Partnership Project Portfolio

Friday, June 25th, 2010

NDC has forged a unique form of public-private partnerships to produce more than $2.0 billion of projects for local governments and non-profit and public institutions. View the highlights of our project portfolio here.

Center for Urban Watersnorthwestview_boat_web
Tacoma, Washington

  • 41,000 sq. ft. of office space; 10,000 square feet of lab space
  • Designed to LEED Platinum specifications
  • Financing: 63-20 bonds
  • Bond issue: $37,840,000

 

(more…)

NDC Projects Make Headlines in the Seattle Daily Journal of Commerce

Wednesday, May 12th, 2010

The Seattle Daily Journal of Commerce profiled two NDC projects this week financed using NDC’s public-private partnership financing model.  Download the full text of the Center for Urban Waters and the University of Washington School of Medicine articles in the Seattle DJC. Read more about NDC projects financed using this innovative model.

NDC’s Public-Private Partnership Financing Model Makes News

Tuesday, April 6th, 2010

The King Street Center in Seattle, a 327,000 sq. ft. municipal office building, earned LEED Gold.  NDC saved King County two years in the development process using NDC's public-private partnerhship financing model.

Seattle Business and Urban Land, published by the Urban Land Institute, are getting the word out about NDC’s public-private financing model in their April 2010 issues.

NDC’s public-private partnerships combine the benefits of private development (efficiency and speed) and public accountability in building, owning and operating public facilities - facilities, infrastructure (roads and sewer lines), parking garages and student housing.  All facilities are transferred to public ownership at no additional cost to the public and all excess income after operating costs and appropriate reserves, is used for public purposes. 

View the complete text of the Seattle Business and Urban Land articles.

Financing Complete on State of Washington IT Facility

Tuesday, February 2nd, 2010

rendering_webOlympia, WA - In August, NDC completed financing on a project that will create a consolidated information technology (IT) facility for the State of Washington. The facility will include a 199,000 sq. ft. office complex, a 111,000 sq. ft. data center, a 300-car underground parking garage and a 35-car surface lot on the Capitol Campus in Olympia, Washington. (more…)

NDC’s Public-Private Partnership Model Makes the News

Thursday, January 21st, 2010

University Business profiled NDC’s public-private partnership financing model and its success in building the University of Washington School of Medicine’s new laboratory.  Read the complete article.

New! Campus Living at Edmonds Community College

Tuesday, October 20th, 2009
Edmonds Community College Lobby - Grand Opening

Edmonds Community College Lobby - Grand Opening

A grand opening celebration was held on Friday, October 16th, for Rainier Place, the new Edmonds Community College single-student housing facility.  About 100 people gathered to mark the successful completion of Rainier Place. (more…)

Another Public-Private Partnership Success: Ground Broken for New Data Facility

Wednesday, September 9th, 2009
FYI Ground Breaking Ceremony

FYI Ground Breaking Ceremony

The State of Washington is preparing to take a major leap forward with a new 362,000 square-foot headquarters for its Department of Information Services (DIS).  On Thursday, August 20, 2009 ground was broken for a new data center and office building, to consolidate all of the Department’s now scattered operations into one location.  (more…)

NDC’s Public-Private Partnership Financing Model Opens More Doors

Friday, April 24th, 2009
The ribbon cutting ceremony for Harborview Hospital's Ninth and Jefferson Building was held on April 8, 2009.

Harborview Hospital's Ninth and Jefferson Building, financed using 63-20 bonds, opened its doors on April 8, 2009.

In Seattle, Harborview Hospital held an opening celebration for its Ninth and Jefferson building on April 8, 2009.  The building is 14 stories, 440,000 square feet, and includes a 650 stall parking garage.  It was designed to Silver LEED standards and will serve as the new gateway to Harborview Medical Center Campus, the only Level  I adult and pediatric trauma and regional burn center serving Washington, Alaska, Montana, and Idaho. 

 The Ninth and Jefferson Building is the new location for Harborview’s global health, neurosciences, ophthalmology, orthopedics, otolaryngology, rehabilitation medicine, and sleep disorders departments, and the Spine Center.  It will also serve King County by housing the King County Superior Court Civil Commitment Court, Public Health-STD Clinic and a state-of-the-art facility for the King County Medical Examiner’s Office. 

Taking the project over from a previous general contractor and construction management team, the National Development Council was able to help King County overcome a $30 million project overrun by using 63-20 bonds and a public-private partnership financing model.

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