An Evaluation Model for the Definition of Priority Lists in PPP Redevelopment Initiatives

With reference to the urban redevelopment interventions carried out through the Public Private Partnership procedure, the present research aims at testing a model able to quickly evaluate the convenience of the parties involved (private investors and Public Administrations). The model has been applied to three urban transformation initiatives to be developed in the city of Bari (Southern Italy), in order to verify the financial feasibility of each investment. The experimentation on the three projects considered could allow i) the Public Administration to define a priority list of the three urban initiatives to be launched in the city of Bari, ii) the private investors to weigh the risk of the different alternatives, in order to identify the most appropriate investment.