Service

Public-Private Partnerships

Miles & Stockbridge is home to one of the leading public finance practices in the mid-Atlantic region.

For over 45 years, we have been included in The Bond Buyer's Municipal Marketplace as a firm whose opinions are generally accepted in the field of municipal finance, and our team of experienced and knowledgeable lawyers have handled bond transactions throughout Washington, D.C., Maryland, Virginia, Delaware, Pennsylvania, and beyond.

Miles & Stockbridge has served as bond counsel in connection with many of the most significant economic development and public-private partnership (P3) projects in the greater Washington region and the state of Maryland. Members of our public finance practice group have worked closely with the Greater Washington Board of Trade (GWBOT) to help review and provide direction with respect to P3 legislation in Maryland and Washington, D.C.

Our team has significant experience in land-based infrastructure transactions, including special taxing districts (STD), tax increment financings districts (TIF) and transit-oriented development projects (TODs)—all of which are types of P3 projects.

Recent Matters

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Provided Guidance on Bond Issuance for P3 Light Rail Project

Served as counsel to MEDCO in connection with issuance of $300 million-plus Private Activity Bonds Series 2016 for a light rail P3 project in Montgomery and Prince George’s Counties in...

Provided Guidance on Bond Issuance for Port of Baltimore Project

Served as bond counsel to MEDCO in connection with the Maryland Port Authority’s privatization and financing of the Seagirt Marine Terminal in Baltimore’s harbor, which is now operated pursuant to...