Steve Park
Steve Park

Steve T. Park

Associate

parks@ballardspahr.com
Tel 215.864.8533
Fax 215.864.8999
Philadelphia

Steve T. Park advises issuers, underwriters, borrowers, and purchasers in connection with the structuring, issuance, offering, placement, remarketing, and restructuring of tax-exempt and taxable municipal securities and other debt instruments and derivatives. He serves as bond, borrower's, and underwriter's counsel to various clients, including investment banking firms, higher education institutions, health care institutions, school districts, and municipalities. 

Mr. Park also advises clients in all phases of transportation, infrastructure, and public-private partnership (P3) projects. Some notable engagements include: 

  • Served as counsel to the Virginia Department of Transportation for the I-95 HOT Lanes Project 
  • Represented underwriters and lenders in connection with multiple projects, including the lease of the Allentown water and sewer system, the U.S. 36 Managed Lanes in Colorado, military housing privatizations, and university student housing privatizations 
  • Represented the Commonwealth of Pennsylvania in connection with the proposed privatization of the Pennsylvania Turnpike and the development of a new marine container terminal facility in Philadelphia 
  • Represented the Federal Railroad Administration in connection with an RRIF loan for the Denver Union Station Project 
  • Served as counsel to the Colorado Department of Transportation in connection with Phase 1 of the U.S. 36 Managed Lanes Project 

Pro Bono Experience

Mr. Park is an active participant in election monitoring with the Committee of Seventy and Asian American Legal Defense and Education Fund (AALDEF).

Professional Activities

Philadelphia Bar Association

National Association of Bond Lawyers 

Pennsylvania Association of Bond Lawyers

National Asian Pacific American Bar Association

Asian Pacific American Bar Association of Pennsylvania

Ballard Spahr's Philadelphia Hiring Committee

Publications

Co-author of Ballard Spahr Public Finance alerts:

"Water Resources Legislation Could Lead to Increase of U.S. Water P3s," June 13, 2014

"Maryland Passes P3 Legislation," April 9, 2013

"President Obama Proposes Plan To Encourage Private Investment in Infrastructure," April 5, 2013

"Water Infrastructure Loan Program Reintroduced in Congress," March 5, 2013

"P3 Solution for Pennsylvania Bridge Repairs Must Wait for Transportation Plan To Pass," February 13, 2013

"Can New Jersey Bank on the Infrastructure Bank?" February 11, 2013 

"Pennsylvania's P3 Implementation Manual: An Overview," January 10, 2013

"New Report Identifies $2.5 Billion-Plus in Delaware Valley Infrastructure Funding Needs," November 7, 2012

"Pennsylvania P3 Board Members Named," October 1, 2012

"Obama Signs Transportation Bill," July 12, 2012

"Pennsylvania Joins Growing List of States with P3 Legislation," July 6, 2012

"Chicago Adopts Innovative Infrastructure Trust," April 30, 2012

Speaking Engagements

"P3: A Key Infrastructure Financing Model," 2014 CDFA Pennsylvania Financing Roundtable Conference, June 12, 2014

Faculty, "Financing Public-Private Partnerships for Infrastructure, Transportation, Energy and Redevelopment Projects," Strafford CLE webinar, January 14, 2014

"P3/Monetizations," The Bond Buyer Healthcare and Higher Education Super Conference, October 28, 2013

"The New Deals: Public-Private Partnerships," Bond Attorneys' Workshop, September 26, 2013

"Identifying, Mitigating, and Allocating Risk," Port of Miami, Successful Partnerships for Ports & Intermodal Investments, Pre-Summit Workshop for the Port & Intermodal Finance & Investment Summit, Miami, April 16, 2013

"Current State of PABs, RRIF and TIFIA Programs," The Bond Buyer Transportation Finance/P3 Conference, November 29, 2012

Community Activities

Before joining the firm, Mr. Park worked in several capacities serving the needs of underprivileged, special-education, and at-risk children and teenagers.

Board Memberships

Country Day School of the Sacred Heart
Secretary; Member, Finance Committee

University of Pennsylvania Law School (J.D. 2006)
Senior Editor, Journal of International Economic Law

Dartmouth College (B.A. 1998)

Languages

Korean

Pennsylvania