Public-private partnerships are shifting to be more community-centered. Here are 4 lessons

Successful community-centered, public-private partnerships (CP3s) rely on the active involvement of a diverse range of partners.

Cities tackle a vast array of responsibilities—from building transit networks to running schools—and sometimes they can use a little help. That’s why local governments have long teamed up with businesses in so-called public-private partnerships. Historically, these arrangements have helped cities fund big infrastructure projects such as bridges and hospitals.