Time and patience: Public-private partnerships drive development, but they can take decades to realize

Public-private partnerships in South Florida are creating economic drivers for real estate development, such as Vanderbilt University’s plan to put a satellite campus in West Palm Beach.  But private developers have to pack their patience, because projects only move as fast as public officials can vet them, according to panelists who spoke Thursday at The Real Deal’s Miami Real Estate Forum with TRD’s Newsroom Manager Hannah Kramer. “The pace at which the private sector wants to move, versus the public [sector], there’s definitely a disconnect at times,” said Jordan Rathlev, executive vice president of Related Ross. A Hilton hotel was […]

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