City of Somerville Public-Private Partnership (P3) Showcase

City of Somerville Public Private Partnership

 

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  • P3 Showcase Event

The City of Somerville, Massachusetts held a Public-Private Partnership (P3) Showcase to present its citywide capital infrastructure program and economic development objectives, including project opportunities for city-owned properties expected to complement the anticipated extension of the MBTA Green Line subway system (GLX) through the city. The City has experienced a recent surge in economic development, most notably with the successful development of Assembly Square, and now looks to advance several other capital programs and economic development priorities that leverage private sector innovation and investment. 

The Showcase was held on Thursday, July 20, 2017 from 9:00 a.m to 12 p.m. at Partners Healthcare, West Lobby, 399 Revolution Drive, Somerville, Massachusetts, and included presentations from City officials covering a range of partnership and investment opportunities.  Qualified firms were given an opportunity to request one-on-one informational meetings with the City.

Overview

The purpose of the Showcase was to share information about the City’s capital needs and economic development priorities and to solicit market feedback to assist the City in determining whether to pursue public-private partnerships or other forms of investment.  Led by Mayor Joseph Curtatone, the City has undertaken an extensive review of its capital assets including public buildings, water, wastewater, stormwater, energy, transportation, and telecommunications infrastructure needs.  This review was conducted with an eye toward achieving the City’s community-driven 20-year comprehensive plan, SomerVision, which commits to creating by 2020: 

  • 30,000 new jobs
  • 125 New Acres of Publicly-Accessible Open Space
  • 6,000 New Housing Units, 1,200 Permanently Affordable
  • 50% of New Trips via Transit, Bike, or Walking
  • 85% of New Development in Transformative Areas

The City cannot achieve SomerVision’s objectives if its infrastructure needs are not met.  To that end, the City developed a 5-year Capital Improvement Plan (CIP) that sets forth an extraordinary capital planning and budgeting vision to sustain SomerVision’s goals.  A copy of the CIP, as well as additional background documents, can be found in the 'Documents' tab of this page.  The CIP recognizes future needs for area planning and redevelopment associated with the GLX project that will deliver five new MBTA stations in Somerville, as well as other major development projects within the city.   

In addition to those needs presented in the CIP, the City is identifying potential P3 projects that provide economic development opportunities through surplus property disposition, redevelopment, and revitalization, and applications of innovative technologies to the City’s transportation infrastructure, water systems, and buildings.  Such projects include the redevelopment of the City Hall campus and adjacent Homans Building at Gilman Square, revitalization of the former waste transfer station site near Union Square, and construction of new public safety and Union Square fire department facilities.  Other opportunities may involve student-focused housing, parking assets, vehicle fleets, building performance and energy infrastructure, and transportation and mobility systems. 

P3 Showcase Format 

Prior to the start of the formal program, attendees had an opportunity to network with City officials and colleagues attending the Showcase.  The formal program began at 10 a.m. with opening remarks from Mayor Curtatone to welcome attendees and provide an overview of the City’s economic development and infrastructure vision and current priorities.  City officials, including representatives of the offices of Capital Planning and Strategic Planning and Development, then sat on panels and presented a menu of infrastructure projects, redevelopment sites, and innovation strategies identified as candidates for P3 delivery or other forms of private investment.   

The first half of this component of the program covered Capital Infrastructure projects, including redevelopment and reuse projects involving City-owned buildings, the City Hall campus, and other capital priorities.  Next, the City provided attendees an overview of City Innovation Infrastructure projects and strategies prioritized by the City including district energy, Smart City technologies, sustainability programs, and emerging mobility technologies.

Questions should be directed in writing to: 

Sunayana Thomas
Senior Economic Development Planner
Mayor's Office of Strategic Planning & Community Development
[email protected]

On Thursday, July 20, 2017, The City of Somerville hosted a Public-Private Partnership (P3) Showcase to present its citywide capital infrastructure program and economic development objectives. The City has experienced a recent surge in economic development and looks to advance several capital programs and economic development priorities that leverage private sector innovation and investment.

The Showcase was held at Partners Healthcare in Somerville, and included presentations from City officials about a range of partnership and investment opportunities in the City. Qualified firms were given the chance to request one-on-one informational meetings with the City by submitting a timely response to the City’s Request for Information (RFI).

P3 Showcase Presentation Slides (PDF)