“…In local level more frequently PPPs are formed, in context of modern forms of urban governance and the decentralisation, a key characteristic of PPPs (Mohr, 2004;Kalogeropoulou, 2003). PPPs adopted especially in urban regeneration (Boxmeer and Beckhoven, 2005) in which context in 1950 private sector developers and local government were involved in joint ventures for downtown redevelopment, while the 1980s development corporations have worked with individual property developers on specific projects such as Battery Park City, the redevelopment of Times Square, Boston Housing Partnership, Cleveland Tomorrow, Rebuild LA, Dev Co New Jersey (Grimsey and Lewis, 2004).…”