Building on Brownfields

Topics:
Property Analysis,
Site Selection
Tags:
Business Operations,
Entrepreneurship,
Federal Government,
Government,
Group C Communications,
Litigation,
Management,
Site
Source:
Group C Communications

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Overview: Article informs that new programs to encourage redevelopment of the abandoned industrial sites are transforming brownfield sites from intimidating to inviting. Until recently, only a handful of people was willing to see the value in these sites and take the risk of redeveloping them. But as the federal government and states work to make brownfield sites more attractive to companies and developers, the intimidation factor of these sites is waning and more people are considering them as viable options for new facilities. Many communities and entrepreneurs have sought to redevelop brownfields. Often they could not, either because of excessive regulation or because of the fear of endless litigation. Consequently, small businesses and other employers have located elsewhere-pushing development further and further outward, taking jobs with them, and leaving cities empty.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: May 2002 | Pages: 1


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