The city of Flagstaff, the State of Arizona, and Vintage Partners have put together a public-private partnership that clearly shows how the model can accomplish more than any one of those parties can do on their own.
By working together to redesign underutilized public property, the partnership has created a new hub for economic activity (increasing city sales tax revenue), built a new, updated and badly needed office space for state agencies and relieved traffic congestion and reduced accidents. And, they've accomplished all this with NO tax dollars being spent! This is truly an example of win/win/win and worth spending a few moments reading about to see how this underutilized model can work for your government organization:
“ADOT owned the land on Milton, but did not have the funding to build a new office to replace their 65-year-old building. The City of Flagstaff didn’t have the funds to buy the property and move traffic off Milton and improve the intersection of Beulah and University. With this new partnership, Vintage Partners has activated underutilized land to generate tax revenue and provide much needed traffic relief for the city, without the need to raise taxes to fund the improvements.