This announcement caught my eye of a more 'classic' public-private partnership than others I've been highlighting this week. 

The state and local governments, along with the University of Michigan and numerous private-sector organizations, are cooperating to open up a research center, which will create new jobs and economic activity. But, in my eyes, the kicker is that the entire development will be multi-use - residential, commercial and retail. 

So, while the research center is certainly the centerpiece, the forward-thinking part of this plan is the overall economic impact it will have on downtown Detroit, creating the 'virtuous cycle' of positive economic activity that P3s can support.