Steve T. Park is a co-leader of the firm’s P3/Infrastructure Group and is a partner in the Public Finance Group. He is a public-private partnership (P3) lawyer who routinely advises public entities, private developers, and lenders in all phases of transportation, infrastructure, energy, social infrastructure, innovative delivery, and P3 projects.
Steve is based in Philadelphia and has significant experience advising issuers, developers and lenders in connection with project financings for utilities (including water, wastewater and energy facilities), solid waste disposal facilities (including waste to energy facilities), and transportation and infrastructure facilities. Steve routinely represents insurance companies, finance companies, and institutional investors in connection with the private placement of debt.
Experience
Representative Matters
P3 Experience
- Counsel to the Virginia Department of Transportation for the I-95 HOT Lanes Project, the I-395 HOT Lanes Project and the Capital Beltway NEXT Project
- Counsel to the Georgia Department of Transportation for the I-285/SR 400 Reconstruction Project, the I-285/I-20 East Interchange Project and I-285/I-20 West Interchange Project
- Counsel to the Pennsylvania Department of Transportation for the Major Bridges P3 Initiative, the Partnership I-81 project, the Pennsylvania Turnpike privatization and the Middletown Station project
Professional Highlights
Professional Activities
National Association of Bond Lawyers
Pennsylvania Association of Bond Lawyers
National Asian Pacific American Bar Association
Ballard Spahr's Philadelphia Hiring Committee
Recognition & Accomplishments
The Best Lawyers in America, public finance law, 2021-2024
The Legal Intelligencer, "Most Effective Dealmaker," 2022
Philadelphia VIP, Champion Award, 2022
Philadelphia Business Journal, "Best of the Bar," 2023
Speaking Engagements
"Funding v. Financing," The P3 Conference, Dallas, TX, March 3, 2020
The Bond Buyer's Transportation Finance/P3 Conference, Co-Chair, November 14-15, 2019
"Updates from DC - Transportation Bill, Gas Tax, Infrastructure Bill and More," The Bond Buyer's Transportation Finance/P3 Conference, Denver, CO, November 14, 2019
Board Memberships & Community Service
Before joining the firm, Steve worked in several capacities serving the needs of underprivileged, special-education, and at-risk children and teenagers.
Publications
"Governmental Accounting Standards Board Proposes Updated P3 Guidelines," June 27, 2019
"New Jersey P3 Legislation Expands Opportunities for Major Infrastructure Projects, Including Roads," August 20, 2018
"White House Unveils Infrastructure Plan: Funding Questions Remain," February 20, 2018
Related Insights
Credentials
Education
University of Pennsylvania Law School (J.D. 2006)
Senior Editor, Journal of International Economic Law
Dartmouth College (B.A. 1998)
Languages
Korean
Admissions
Pennsylvania