Preprint Article Version 1 This version is not peer-reviewed

Partnerships for Private Transit Investment – The History and Practice of Private Transit Infrastructure with a Case Study in Perth, Australia

Version 1 : Received: 25 July 2018 / Approved: 25 July 2018 / Online: 25 July 2018 (05:54:23 CEST)

A peer-reviewed article of this Preprint also exists.

Davies-Slate, S.; Newman, P. Partnerships for Private Transit Investment—The History and Practice of Private Transit Infrastructure with a Case Study in Perth, Australia. Urban Sci. 2018, 2, 84. Davies-Slate, S.; Newman, P. Partnerships for Private Transit Investment—The History and Practice of Private Transit Infrastructure with a Case Study in Perth, Australia. Urban Sci. 2018, 2, 84.

Journal reference: Urban Sci. 2018, 2, 84
DOI: 10.3390/urbansci2030084

Abstract

Urban transit planning is going through a transition to greater private investment in many parts of the world and is now on the agenda in Australia. After showing examples of private investment in transit globally the paper focuses on historical case studies of private rail investment in Western Australia. These case studies mirror the historical experience in rapidly growing railway cities in Europe, North America and Asia (particularly Japan), and also the land grant railways that facilitated settlement in North America. The Western Australian experience is noteworthy for the small but rapidly growing populations of the settlements involved, suggesting that growth, rather than size, is the key to successfully raising funding for railways through land development. The paper shows through the history of transport, with particular reference to Perth, that the practice of private infrastructure provision can provide lessons for how to enable this again. It suggests that new partnerships with private transport investment as set out in the Federal Government City Deal process, should create many more opportunities to improve the future of cities through once again integrating transit, land development and private finance.

Subject Areas

entrepreneur rail model; value capture; city deals; private railways; transit-oriented development; western Australia; tramways; land grants; future cities; urban planning

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