trans stakeholders

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  • 8/6/2019 Trans Stakeholders

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  • 8/6/2019 Trans Stakeholders

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    PUBLIC SECT O R

    Municipal officials have a stake in the f inancialhealth of the District, a role in the growth of theregion, and a responsibility to pursue equitabledevelopment (both positive and negative) thatserves the city as a whole. Public agencies setthe framework and objectives for growth anddevelopment in the District and often serve ascollaborators and mediators to balance commu-

    nity, public and private interests for the longterm health and vitality of the city as a whole.

    P R IVATE SECTO R INVESTO RS AND

    D E V E L O P E R S

    Developers have a clear financial stake in thefeasibility and success of neighborhood pro- jects. The private sector brings not only invest-ment capital, but also innovation, creativity, andconnections to the partnership. Investors, likeresidents, seek projects that have broad publicappeal and support . Traditional financing, how -ever, often constrains development to industrystandards that have proven marketable. Opencooperation and collaboration among publicagencies, developers, and comm unity memberscan address these obstacles and identify viablecompromises that work for everyone.

    Principal St akeholders

    Public, private, non-profit, and community partners allwork together to create spaces for healthy neighbor-hood activities, like this Farm ers Market at an AdamsMorgan bus transfer point.

    The private sector is an important partner in cre atingattractive buildings and retail opportunities that define

    and give life to the neighborhood stre et.