RT Journal Article
T1 Managing public-private partnerships for urban design and regeneration: Lessons learned from the Hermitage Museum Barcelona odyssey
A1 Cambra-Fierro, Jesús
A1 Lopez Pérez, Mª. Eugenia
A1 Varela Pérez, Lourdes María
A1 Tejada, Macarena
K1 Public-private partnerships
K1 Urban regeneration
K1 Stakeholders
K1 Governance
K1 Stakeholder value proposition
K1 Barcelona
AB Managing public-private partnerships (PPPs) is a challenging task, especially when multiple stakeholders with diverse natures and objectives must interact. This paper presents key insights and lessons learned from a failed PPP. Our goal is to analyze the dynamics of a specific PPP to understand some of the factors that may explain the failure of a private project aimed at renewing a waterfront, tourist-saturated urban area in Barcelona, Spain.To understand how public and private stakeholders can collaborate, we delve into the complex, drawn-out case of the recently shelved Hermitage Museum Barcelona (HMB) project (2012–2021). This private initiative sought to establish a franchise of the State Hermitage Museum St. Petersburg in the Port of Barcelona. A retrospective case study is developed, drawing on multiple sources of information. We analyze the extent to which value propositions align with motivations and goals of key individual stakeholders. Additionally, we examine how conflict is managed—as well as how some elements contribute to better alignment between value propositions and strategic positions. The key seems to lie in the concept of “stakeholder value proposition” and in identifying champions within each of the project's main stakeholder groups to facilitate the process.
PB Elsevier
YR 2025
FD 2025
LK https://hdl.handle.net/10433/23250
UL https://hdl.handle.net/10433/23250
LA en
NO Jesus Cambra-Fierro, Mª. Eugenia López-Pérez, Lourdes Perez, Macarena Tejada-Tejada. (2025) Managing public-private partnerships for urban design and regeneration: Lessons learned from the Hermitage Museum Barcelona odyssey, Cities, Volume 158.
NO Departamento de Organización de Empresas y Marketing
DS RIO
RD May 13, 2026