Legislation to allow P3 model for Atlanta transit projects

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Legislation to allow P3 model for Atlanta transit projects

The Georgia House of Representatives passed on 3 March 2014 legislation to speed up construction of the Atlanta Beltline. The law will permit the private sector to help finance and build the project's network of transit lines and public spaces.

Sections of the 22-mile Beltline, a corridor of proposed transit lines and open space through 45 Atlanta neighborhoods, have opened during the last several years.

The bill, which passed 158-4, would expand the state law governing urban redevelopment to allow the private sector to help finance and build transit projects if passed by the Senate.

The Atlanta BeltLine is the most comprehensive transportation and economic development effort ever undertaken in the City of Atlanta and among the largest, most wide-ranging urban redevelopment programs currently underway in the United States. The Atlanta BeltLine is a sustainable redevelopment project that will provide a network of public parks, multi-use trails and transit along a historic 22-mile railroad corridor circling downtown and connecting many neighborhoods directly to each other.

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