“By far the fastest-growing arena for the use of PPPs is urban economic development,” says this guide from Urban Land Institute. “Cities and counties are rapidly applying the experiences with PPPs learned over the last few decades — experiences on how to most effectively combine the strengths and resources of both the public and private sectors. … Many of the important lessons learned are included in Ten Principles. The importance of continued public sector leadership, as well as the public sector’s ongoing monitoring and nurturing of the partnership, is clearly illustrated. Equally important is the clear and open process necessary for the selection of the private partner. Most important of all is that the private and public sectors build a collaborative relationship — one that requires “give and take” on both sides of the table to make the project a success. This publication by the Urban Land Institute is a valuable step forward in disseminating that information.”