Ricerc@Sapienza

The present research is focalized on public-private partnership (PPP) procedures as a driving force of urban sustainable development. The paper intends to point out the relevant role played by the public administrations in the implementation of these mechanisms aimed at degraded urban area renovation, public property assets enhancement, or ex novo realization. In this sense, in the existing reference literature, the private investor tasks and risks have been often explored, neglecting the significant public entities position.

The present research concerns the procedures of concessions for the improvement and exploitation of public property assets. We propose a model that helps to define the optimal combination of novel uses in public properties. This model is an answer to the need for effective strategies to find new functions for disused buildings or abandoned areas.

The present research deals with the urban redevelopment initiatives realized through the public-private partnership. An original model
able to quickly evaluate the conveniences of the parties involved - private investors and Public Administrations - has been developed
and applied to three urban transformation initiatives to be carried out in the city of Bari (Southern Italy), in order to verify the financial
feasibility of each investment. The model could constitute a useful support, on the one hand, for the Public Administrations in the