Planners Expect Public-Private Partnership to Lower Doyle Drive Costs

Image: SFCTA
The Presidio Parkway/Doyle Drive project will move into the second phase of construction early next year, but planners are already touting a unique public-private partnership, or P3 in their shorthand, which they say forges a new model for delivering massive infrastructure projects for less money and greater financial oversight.
Assuming all the necessary approvals are in place by the end of the year, the Presidio Parkway P3 contract will be awarded to a consortium called Golden Link Partners and will rely on significant foreign investment from two European companies.
As SFCTA executive director Jose Luis Moscovich explained to Streetsblog recently, the P3 is the first of its kind in California and resembles P3s that have worked well in Canada and Europe for years.
“We are well on our way to creating, through the Doyle Drive project, essentially a new paradigm for delivering these big, monster projects in the state,” said Moscovich. “It’s a paradigm where you take into account the entire life-cycle of the project, the design, the construction, the operations and the maintenance. We’re ensuring the project will be well-maintained and there will not be a gap in the maintenance commitment to the project.”





