Why redevelop Brownfields?
Redevelopment of brownfields potentially benefits the environment, the community, and industry by preserving green areas outside cities: Restores property for productive use and increases properties values Increases the local tax base Improves the community image Mitigates public health and safety concerns Uses existing infrastructure (streets, sewer systems, lighting) resulting in cost savings Creates jobs Brownfields redevelopment can benefit both private investors and the communities in which they are located. For the private sector, brownfields redevelopment can mean new business opportunities, the potential for profit on unused or under-utilized properties, improved community and environmental stewardship, and access to untapped urban or rural markets.
