Financing Resilient Urban Infrastructure in Global Cities: Los Angeles

July 31, 2018

8:30am - 4:00pm

Wells Fargo Center Library Hub at 333 South Grand Avenue in Downtown Los Angeles.

Description

The Lab is part of a series of workshops, held in partnership with AECOM, that will examine ways to engage and accelerate new forms of capital to the infrastructure space and explore innovative value capture mechanisms to close the funding gap across a handful of global cities.

The Lab will bring together a group of investors, government decision-makers, project developers and industry experts to address the current challenges through more innovative financing and policy design. This workshop will have participants focus on the revitalization of Los Angeles’ Union Station as a case study, and map out practical, real-time solutions to finance the current funding gap. Participants will explore the areas of public-private partnerships, tax increment financing, and discuss the newly approved Opportunity Zone legislation. Attendees will also review past transit projects to asses lessons learned. The session will provide an opportunity to map out a strategic plan, with concrete action items, to scale market demand.

This event is one in a series of Financial Innovations Labs. This Milken Institute research tool brings together researchers and policymakers with business, finance and professional practitioners to create market-based solutions to business and public policy challenges. The findings of these interactive Labs are publicly distributed. Previous topics have included residential energy-efficiency, small-business financing, archaeological discovery and conservation, and biomedical research and development. (Click here for samples of reports from previous Labs.)